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 Eledut via Unsplash.

Industrials

Airbus Races to Complete Aircraft Sale to China Before Politics Gets Involved

Beijing is reportedly unhappy with the prospect of an EU tariff on EVs, and is considering retaliatory tariffs on the EU’s aviation industry.

2 min read
Photo by Nick Morales via Unsplash

Consumer

The Airline Industry Would Rather You Didn’t Know How Well It’s Doing

The industry just boosted its profit forecast for 2024 but warns that return on invested capital hurts the chance for sustainable profits.

1 min read
Photo by Gilberto Marques via CC BY 2.0

Electric Vehicles

Chinese Carmakers Face Potential EU Tariff Hike. Most Don’t Look Too Scared.

One market research firm said even duties in the range of 15%-30% won’t keep most of the country’s carmakers out of Europe.

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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