Business

Brain drain
What does the OpenAI exodus say about Sam Altman?
Another departure focuses attention on his leadership

Silicon sally
Can dealmaking save Intel?
America’s failing chip champion needs a financial-engineering miracle

Star-crossed
The curse of the Michelin star
Restaurants awarded the honour are more likely to close, research finds

Old v new media
YouTubers like MrBeast are coming for Hollywood
Scandals will not be enough to stop a new generation from taking over


It’s in the game
How FIFA was outplayed by Electronic Arts
The video-game publisher called the football chiefs’ bluff—and won

Schumpeter
PwC needs to rethink its global governance
The “big four” accounting giants have outgrown their decentralised structures

The age of the hectocorn
OpenAI’s new fundraising is shaking up Silicon Valley
Generative AI is forcing America’s disrupters in chief to think differently



Smelted
Chinese overcapacity is crushing the global steel industry
Governments are stepping in to protect local producers

Schumpeter
Intel is on life support. Can anything save it?
Only drastic action can revive America’s chipmaking champion