Latest Entrepreneurship News
Former TV host Carlos Watson gets nearly 10 years in prison in case about failed startup Ozy Media
NEW YORK (AP) — Former talk show host Carlos Watson was sentenced Monday to nearly 10 years in prison in a federal financial conspiracy case that cast his once-buzzy Ozy Media as an extreme of fake-it-'til-you-make-it startup culture. In one example, another Ozy executive...
A farming project in South Africa is helping deaf people build skills and find jobs
JOHANNESBURG (AP) — At the Westonaria agricultural park near Bekkersdal, east of Johannesburg, farm workers are busy tilling the soil and planting tomatoes and lettuce. Despite the hive of activity, there is silence around the park. Most people here are deaf and communicate using...
Cryptocurrency entrepreneur who bought banana art for $6.2 million eats the fruit in Hong Kong
HONG KONG (AP) — A cryptocurrency entrepreneur who bought a piece of conceptual art consisting of a simple banana, duct-taped to a wall, for $6.2 million last week ate the fruit in Hong Kong on Friday. Chinese-born Justin Sun peeled off the duct tape and enjoyed the banana in a...
ByteDance founder Zhang Yiming tops China's rich list
HONG KONG (AP) — ByteDance founder Zhang Yiming tops the list of China's richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year. The institute, which publishes the annual Hurun China Rich List, found that...
Local news sources are still drying up, but there's growth in digital sites in metro areas
Newspapers in the United States closed at the rate of more than two per week during 2023, but a burst of activity among digital entrepreneurs illustrated some tiny shoots of growth in what has become a desert-like climate for local news. A total of 127 newspapers closed last year,...
Asian American boba brand finds opportunity after Simu Liu sparks cultural appropriation debate
Olivia Chen and Pauline Ang, friends and business partners on boba milk tea brand Twrl, have tried three times to get on “Shark Tank,” the ABC reality show where up-and-coming entrepreneurs try to woo big-name backers. Now, in a plot twist they couldn't have imagined, the San...
