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 Wdstock via iStock

Media & Entertainment

Advertising Agencies Consolidate in the Face of Big Tech

The transaction would create the world’s largest advertising agency — that is, if you don’t count Big Tech players like Google and Amazon.

1 min read
Photo by Nordskov Media via CC0 1.0

Media & Entertainment

Appeals Court Upholds TikTok Ban

A federal appeals court upheld the “TikTok Ban” that would force China-based ByteDance to sell its app next month or face exile from the US.

2 min read
Photo by Tony Wu via Pexels

Energy

OPEC+ Once Again Moves to Cut Production

The global oil cartel announced it would be extending its ongoing production cuts through the first few months of next year.

1 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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