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 Jesse De Meulenaere via Unsplash

Energy

Shell Backs Off Offshore Wind

Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.

1 min read
Photo by Nastya Dulhiier via Unsplash

Consumer

Airlines Have Finally Hit a Ceiling on Fares

Ryanair said it had seen its profits take a 46% nosedive, and would have to offer “materially lower” airfares for the busy summer period.

1 min read
Photo by Omid Armin via Unsplash

Media & Entertainment

Even Apple is Getting Tired of the Streaming Industry Treadmill

After years of spending big with little to show for it, Apple is attempting to rein in costs at Apple TV+.

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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