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 via ESA/Mlabspace

Industrials

Europe Spends $11 billion to have an Alternative to Starlink

It’s part of the EU’s goal to build its own spacefaring infrastructure, reducing its dependence on US private companies.

2 min read
Photo by Walmart Corporate via CC BY 2.0

Consumer

Walmart-Backed Fintech Scores Big Funding Round

Besides being your one-stop-retail-shop for everything, Walmart would like to be your virtual banker, too.

1 min read
Photo by Jakub Kapusnak via Unsplash

Consumer

Eggs Break Consumers’ Wallets But Producer Stocks Are Sizzling

The Fed may have cracked inflation, but eggflation is proving harder to beat. Unsurprisingly, egg producer stocks are soaring.

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

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.