Industries

Exclusive news, analysis and commentary across industries from media and entertainment, to healthcare, to autos to energy and more.

Technology

Online Education Provider 2U Files for Bankruptcy

Photo by Katerina Holmes via Pexels

Pioneering online education company 2U filed for bankruptcy, even as the public writ large has gradually embraced online learning.

2 min read
Media & Entertainment

Universal Music Feels the Sting from Streaming Saturation

Photo by Paolo V via CC BY 2.0

Taylor Swift may be signed to the label, but Universal Music Group somehow can’t find a way to make its business work.

2 min read
Patent Drop

Philips’ AI Ultrasound Patent Could Help Solve Healthcare Data Problem

Photo via U.S. Patent and Trademark Office

A patent for generative neural network-based ultrasounds from medical device firm Philips could provide more data to develop AI innovations throughout…

2 min read
Healthcare

RSV Vaccines Lose Some Shine for Big Pharma

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Pfizer, Moderna, and GlaxoSmithKline are developing vaccines for RSV to fill the gap on their balance sheets.

1 min read
Autos

GM Pulls the Plug on Driverless, Brake Pedal-less, Steering Wheel-less Robotaxi

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General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.

1 min read
Energy

Shell Backs Off Offshore Wind

Photo by Jesse De Meulenaere via Unsplash

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
Consumer

Airlines Have Finally Hit a Ceiling on Fares

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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
Media & Entertainment

Even Apple is Getting Tired of the Streaming Industry Treadmill

Photo by Omid Armin via Unsplash

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

2 min read
Patent Drop

Ford Drone Patent May Create an Autonomous Driving Russian Doll

Photo via U.S. Patent and Trademark Office

Patents like this serve as a reminder that autonomous vehicles look like more than just cars themselves.

2 min read
Consumer

Starbucks Becomes the Target of Activist Campaign

(Photo by Ben White on Unsplash)

Activist investing firm Elliott Management has taken a significant stake in Starbucks, and has already begun pushing for strategic changes.

1 min read
Media & Entertainment

Warner Bros. Discovery Mulls Break-Up Plan

Photo by Chris Yarzab via CC BY 2.0

Just two years after the mega-merger that brought Warner Bros. and Discovery together, it’s discussing dramatic plans to break up.

2 min read
Consumer

Diamonds Come Under Even More Pressure from Sluggish China Demand

Photo by Li Zhang via Unsplash

Anglo American is cutting back diamond production to try to hedge against China’s continued ambivalence toward the gemstones.

2 min read
Autos

Ford Spends $3 Billion to Ramp Up Truck Production, Volvo Reports Electric Results

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Ford will spend $3 billion to expand production of its popular combustion engine large trucks; Volvo reported a record core operating profit.

2 min read
Consumer

Pernod Ricard Dumps Most Wine Holdings as Grapes Sour

Photo by Eva Rinaldi via CC BY-SA 2.0

Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.

1 min read
Consumer

Italy Hits Dior and Armani with Antitrust Probe over Working Conditions

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Italy’s antitrust agency has opened an investigation into Dior and Armani over allegations of worker exploitation.

2 min read
Media & Entertainment

Could Soaring Ad Revenue Save the Media Industry?

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PricewaterhouseCoopers’ annual Global Entertainment & Media Outlook says the media industry has plenty of reasons for optimism.

2 min read
Consumer

Macy’s Says No to Private Equity Buyout. Now What?

Photo by Anthony Quintano via CC BY 2.0

The board of directors for Macy’s unanimously voted to end negotiations with Arkhouse and Brigade to take the company private.

1 min read
Patent Drop

Roku Personalization Patent Highlights AI’s Growing Role in Entertainment

Photo via U.S. Patent and Trademark Office

Roku wants to personalize movie night with generative AI.

2 min read
Consumer

Can Nike Regain its Legendary Standing?

Photo illustration by Connor Lin / The Daily Upside

Not only is sportswear and sneaker giant Nike faced with struggling financials, but it is also searching for its soul.

6 min read
Media & Entertainment

NFL Moves Toward Allowing Private Equity into Ownership Groups

Photo by Naveen Venkatesan via Unsplash

Commissioner Roger Goodell said the NFL is en route to allowing PE groups to take ownership stakes in franchises

2 min read