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 Chuttersnap via Unsplash

Industrials

Dock Workers Agree to Pause Historic Strike To Negotiate New Contract

Three days into a historic work stoppage, dockworkers at East and Gulf Coast ports reached a tentative deal with their employer.

2 min read
Photo via Joby Aviation Photo

Electric Vehicles

Toyota Invests $500 Million in Air Taxi Startup

Toyota is investing $500 million into Joby Aviation, a California-based startup that wants to make flying taxis.

1 min read
Photo by Ja San Miguel via Unsplash

Consumer

PepsiCo Adds Tortilla Chip Aficionado to Its Portfolio

PepsiCo announced on Tuesday that it has agreed to buy Siete Foods for $1.2 billion, another food M&A deal this 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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