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 Dan Soriano via Unsplash

Consumer

New York City’s Airbnb Ban is Driving Up Hotel Prices

New York City put the kibosh on Airbnb. Now, hotels prices are skyrocketing this holiday season amid soaring demand.

1 min read
Photo by Nappy via Unsplash

Healthcare

Big Pharma Uses Subsidies for Rare Diseases to Develop Blockbuster Drugs

The US government designed a program to incentivize the development of treatments for rare tropical diseases. Big Pharma had other plans.

1 min read
Photo by Vlad Tchompalov via Unsplash

Electric Vehicles

Tesla’s Nordic Headache Intensifies

Following a Reuters investigation into parts failing on Tesla vehicles, Norway’s road regulator says it’s looking into Tesla’s suspensions.

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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