WeWork is going to have eight entrepreneurs compete for a $1 million grand prize. Warmilu, a warming technology company, will be vying for a chance to take home the money. Grace Hsia, CEO of Warmilu, was with us to explain why her company was chosen to compete and how the prize would help Warmilu accomplish its mission.
Warmilu manufactures US patent-protected warming technology able to generate warmth with the press of a disk that lasts for hours and can be reused up to 100 times through boiling or autoclaving. Hsia shares how she is using the technology to help save the lives of infants in resource-scarce regions such as Africa. The warming tech is integrated into IncuBlankets, which is an alternative infant incubator to reduce preterm infant death.
Warmilu is working to bring its technology to products outside medical. Hsia showcases outdoor recreation hunting seat cushions to demonstrate how the heating technology works. On top of saving lives, Warmilu had $110,000 in total sales during 2017.
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
