business

Articles, videos, and related content associated with all aspects of Business and the culture surrounding business.

ResMed's Sleep Business Booms as Astral Ventilator Troubles Weigh on Results
On August 6, ResMed (NYSE: RMD) reported fourth-quarter fiscal 2026 results capping a year of double-digit growth. Quarterly revenue rose 9% to $1.5 billion, and non-GAAP earnings per share jumped 16% to $2.95. For the full fiscal year, which closed June 30, 2026, revenue grew 10%, and free cash flow topped $1.6 billion.
By Mark Lim 3 months ago in Journal
Alibaba to Sell Gaming Unit Lingxi Games for at Least $1.5 Billion as It Doubles Down on AI
Alibaba Group is selling its gaming business in a deal worth at least $1.5 billion, as the Chinese e-commerce giant sharpens its focus on artificial intelligence and cloud computing. The company has reached a formal agreement to transfer its entire stake in Lingxi Games to Asian private-equity firm Trustar Capital, according to an internal memo distributed to staff on Monday and reviewed by Bloomberg News, Reuters, and The Wall Street Journal.
By Mark Lim 3 months ago in Journal
Putrajaya in Final Stages of Simplifying E-Invoicing to Ease Burden on Entrepreneurs, Says Anwar
Putrajaya is in the final stages of reviewing ways to simplify e-invoicing to further assist entrepreneurs, says Datuk Seri Anwar Ibrahim. The Prime Minister said this follows feedback from entrepreneurs who raised concerns about bureaucratic processes between federal and state governments, highlighting the government's commitment to addressing the challenges faced by businesses in adapting to the digital tax system.
By Mark Lim 3 months ago in Journal
From Stalls to Success: How a Selangor Satay Trader Won Big Using the State's Digital Platform
Within months of joining a Selangor government digital entrepreneurial platform, a local satay trader expanded her business and bagged two top accolades at the Platform Selangor (Plats) Awards Night.
By Mark Lim 3 months ago in Journal
Choong Whan Park USC: What Brand Attachment Can Teach Us About Loyalty in the Age of AI
Artificial intelligence is creating a new kind of customer relationship. For decades, companies largely interacted with consumers through products, stores, advertisements, websites, and customer service. Today, an AI system can become something far more persistent.
By Choong Whan Park USC3 months ago in Journal
5 Websites That Actually Pay Writers Well in 2026
From Medium's revenue share to a flat $500 for one short story — here's what each platform really pays, how many readers you'd reach, and how I'd pitch each one
By Zohan Khan3 months ago in Journal
Gabriel Shohet built a coffee empire on the bean the industry dismissed
The Miami office of Black Sheep Coffee is, by Gabriel Shohet's own account, close to a ghost town. Five chairs. No screens. A building so empty it echoes when he speaks. Shohet based himself here in 2024, leaving a company with more than 140 locations worldwide to go back to chasing landlords and scouting sites himself. He runs Black Sheep Coffee as joint chief executive alongside Eirik Holth, the flatmate he met at university. He went looking for the hard version anyway.
By Vipan K.3 months ago in Journal
Malaysia Takes Major Step to Slash Import Reliance on Grain Maize with Large-Scale Local Production
Malaysia has taken a significant step towards reducing its complete dependence on imported grain maize through large-scale local production, a move that Agriculture and Food Security Minister Datuk Seri Mohamad Sabu described as crucial for strengthening the country's food security amid growing geopolitical uncertainties and global supply chain disruptions.
By Mark Lim 3 months ago in Journal
He Built an Empire. Then He Buried It.
At ten o'clock on the morning of August 20, 2026, in the Second Trial Court of the Shenzhen Intermediate People's Court, the gavel fell with no echo.
By Jin3 months ago in Journal
The Confession Letter
Want Want's latest layoffs: the number to watch isn't 1,000. Two other details matter more. One is what chairman Tsai Eng-ming wrote in his internal letter. The company had "lived a good life for nearly 30 years on just a few flagship products." It had "failed to innovate and adapt." Its partnership model with distributors had "not kept up with the times." Three sentences from the top decision-maker. Dense enough to fill three PowerPoint slides justifying the cuts.
By Jin3 months ago in Journal
The 39.9-Yuan Nap
At Xi'an's Lumière Cinema, the massage chairs in the VIP hall turn into nap berths at noon. For 39.9 yuan a month: earplugs, an eye mask, a free cup of coffee. Snorers get moved to another hall. Phone calls go outside. Shoes stay on.
By Jin3 months ago in Journal
The Red Stamp Rumble
I. Two Incidents, Six Years Apart April 26, 2020, Dangdang.com . Li Guoqing walked into the office with four men, took dozens of official seals from under Yu Yu's nose, and left behind a notice to all employees. The media called it the "Qing‑Yu War."
By Jin3 months ago in Journal