Industries

Industries

Microsoft Holds Out on OpenAI Nonprofit Plan

Photo by TechCrunch via CC BY 2.0

Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.

2 min read

Photo by Alvaro Reyes via Unsplash

Media & Entertainment

Nintendo Takes Big Profit Hit After Failing to Switch It Up

Nintendo revealed on Tuesday that it had suffered a 69% drop in its profits year-over-year for the most recent financial quarter.

1 min read
Photo by Brandon Atchison via Unsplash

Autos

Ferrari Outraced the Luxury Slump, Tuesday Was a Speed Bump

Ferrari reported improved sales and earnings in the third quarter, extending its streak of outperforming other luxury auto companies.

1 min read
Photo by Tupungato via iStock

Media & Entertainment

Can the Murdochs Hang on to News Corp?

A recapitalization plan would end News Corp’s dual-class share structure, which gives the Murdoch family outsized control of the company.

2 min read

Industries

DoorDash Scoops up British Rival Deliveroo in Global Push

Photo by Carl Campbell via Unsplash

DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.

1 min read

Policy & Power

US Gains Ground in Hypersonic Arms Race

Photo via Stratolaunch

The US is breaking past Mach 5 and catching up to China and Russia in futuristic, hypersonic military technology.

2 min read

Industries

Skechers Takes $9 Billion Buyout as Shoe Stocks Skid

Photo by Harrison Keely via CC BY 4.0

Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

2 min read

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