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 Joe Glorioso/All-Pro Reels via CC BY-SA 2.0

Media & Entertainment

MLB is Loving the Ohtani Effect

MLB World Series viewership is way up, thanks in part to Japan-born Los Angeles Dodger Shohei Ohtani. And brands have noticed.

2 min read
Photo by Manuel Pappacena via Unsplash

Autos

Mercedes-Benz Profits Drop More than 50% in Third Quarter

Mercedes-Benz is en route to cut costs after profits in the third quarter more than halved year-over-year due to weaker demand in China.

1 min read
Photo by Balon Greyjoy via CC0 1.0

Industrials

Where is the Bottom for Boeing?

Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.

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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