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[ad_1] Stay informed with free updatesSimply sign up to the Workplace pensions myFT Digest — delivered directly to your inbox.Chancellor Rachel Reeves is expected to announce a shake-up of UK pensions in her Mansion House speech on July 15, including plans to look at the amount companies and their staff set aside for retirement. Two executives familiar with her plans said Reeves would appoint a commission to lead the long-awaited review into pensions adequacy, looking at auto-enrolment rates alongside the state pension and retirement savings of the self-employed. The review was first announced by Reeves in July last year and was supposed…

[ad_1] As recently as November, the publicity-shy owner of Prax Group wanted investors to know that his $10bn challenger company was fast becoming a “formidable force” in the energy industry.“Twenty-five years on from when we started, we are a much bigger, stronger, better business in all kinds of ways,” founder and chief executive Sanjeev Kumar Soosaipillai said in the introduction to Prax’s glossy annual report. Those ambitions came crashing down this week when the sprawling company’s parent entity, and its Lindsey oil refinery in north-east England, plunged into insolvency, putting more than 400 jobs at risk.The move provoked a fierce…

[ad_1] New York CNN  —  Every Fourth of July, starting when she was 15, Jacqueline Lewis and her family come together to honor a great American tradition: the Nathan’s Famous hot dog eating competition. “I think people want to know how many hot dogs a human can eat in that amount of time.” Lewis, now 26, told CNN on a warm June day last year while eating miniature corn dogs (at a leisurely pace) outside of the original Nathan’s location in Coney Island. “I think they want to know.” Lewis and her family aren’t the only ones who want to…

[ad_1] Cluely’s revenue has skyrocketed to about $7 million in ARR since it launched its new enterprise product a week ago, founder Roy Lee told TechCrunch. “Every single person who has a meeting or an interview is testing this out.” Cluely, one of Silicon Valley’s most-talked-about startups, offers products that use AI to analyze online conversations, deliver real-time notes, provide context, and suggest questions to ask. This information appeared discreetly on the user’s screen, invisible to others. For weeks leading up to the product reveal, Lee boasted that the company’s annual recurring revenue (ARR) exceeded $3 million and that the…

[ad_1] Elan Bibas entered the “Love Island USA” villa with a disadvantage: He was added late, as part of a group of hunks sent to stir things up. But he also has an advantage: his younger brother, Tal, who’s running his social media while Elan’s on the show.I talked to Tal about his experience running Elan’s social accounts and the business opportunities that have presented themselves since his brother’s time on the huge summer hit for Peacock. (It was the No. 2 most watched original streaming show during its first two weeks, Nielsen said.)Contestants on the show — and if…

[ad_1] Whether by car, helicopter, the LIRR, or the infamous Jitney bus, if it’s a Friday afternoon between Memorial and Labor Day, Wall Street is going “out east.”The Hamptons have been a haven for the ultrawealthy since the Astors and Vanderbilts set up estates there more than a century ago, but the transition from fishing and whaling towns to playground for urban professionals really started to take off in the freewheeling 1980s, during Wall Street’s boom years.Since then, the secret has been out, and over the last decade, social media and Bravo’s “Summer House” have introduced a whole new generation…

[ad_1] TechCrunch Disrupt 2025 is back at Moscone West in San Francisco from October 27-29, bringing together 10,000+ startup and VC leaders to dig into what’s next in tech. And when it comes to artificial intelligence, the conversations aren’t just technical — they’re creative, cinematic, and boundary-pushing. That’s why Nikola Todorovic is headed to the AI Stage. A visual effects veteran turned AI entrepreneur, Todorovic is the co-founder of Wonder Dynamics, now an Autodesk company. Alongside actor and producer Tye Sheridan, he helped launch Autodesk Flow Studio (formerly Wonder Studio), a groundbreaking AI platform that allows creators to seamlessly integrate…

[ad_1] Cloudflare wants AI companies to pay up. The cloud infrastructure provider, which powers around 20% of the web, is launching a new experiment that would let publishers charge AI firms every time their bots scrape a site. It’s called Pay per Crawl, and it could reshape how content is accessed and monetized online. Today on TechCrunch’s Equity podcast, hosts Kirsten Korosec and Max Zeff dig into Cloudflare’s big swing, why it’s a natural next step after a year of laying groundwork for bot-blocking tools, and whether the plan to sit at the center of a pay-for-content protocol is genius……

[ad_1] This as-told-to essay is based on a conversation with Patrick Lyons, a 29-year-old ex-Microsoft employee, based in Austin. It’s been edited for length and clarity.After five years at Microsoft, the last three of which I was a product manager for Microsoft Teams, I felt fulfilled and completely secure in my job.I learned new things every day, pushed boundaries, and collaborated with brilliant minds. I saw how people needed me and called upon me at work for my expertise, and it brought me a real sense of purpose.I had also been running three side businesses outside of work for several…

[ad_1] From taxes to student loan forgiveness, provisions in President Donald Trump’s “Big Beautiful Bill” will soon be impacting Americans’ wallets.On Thursday, the House passed the final version of the bill, which would extend the president’s 2017 tax cuts and make key changes to the tax system, along with implementing significant changes to Medicaid and the Supplemental Nutrition Assistance Program.Beyond the effects on Americans’ wallets, the legislation provides roughly $150 billion to ramp up immigration enforcement.The bill first passed the House in May before undergoing changes in the Senate, where it narrowly passed on Tuesday. Trump could sign the bill…