Georgian-born American entrepreneur and investor
July payrolls have declined while the unemployment rate has fallen. Private payrolls rose, but government jobs and labor-force participation have weakened. Markets react as traders reassess the path for Federal Reserve policy.
Grindr has reported strong second-quarter results driven by a company-wide AI strategy. The CEO has said engineering output has surged 2.5x to 3.5x between July 2025 and April 2026 with minimal staff growth, enabling faster product development and the launch of an AI-powered Edge subscription. The approach is sparking debate about productivity metrics and job security in tech.