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 Daniel Shapiro via Unsplash

Industrials

Boeing Weighs $10 Billion Stock Sale Amid Costly Strike

Boeing is considering an emergency move: selling $10 billion in new stock to score some quick cash amid a union strike.

2 min read
Photo by Monika Flueckiger, World Economic Forum via CC BY-SA 2.0

Real Estate

Murdoch’s REA Group Abandons Takeover Bid for Rightmove

News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Honda Wireless EV Charging Patent Highlights ‘Range Anxiety’ as Adoption Barrier

Charging infrastructure remains one of the biggest hurdles for widespread EV adoption.

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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