Justworks CEO on Expanding Its All-In-One Business Solution
Justworks recently closed a $40 million round of funding, and the human resources software platform is looking to expand its technology offering. The company's Founder and CEO Isaac Oates explains how Justworks plans to use this new funding for expansion.
"We are starting to think about new kinds of products that our customers are asking for," says Oates. "They talk about things like expense reports, different kinds of insurance."
Oates says he sees the biggest market opportunity in new cities Justworks is available in that include Dallas, Washington, D.C. and Los Angeles.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.
