Industries

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

Photo by Dick Thomas Johnson via CC BY 2.0

Consumer

Temu Picks Up Suppliers Jilted by Rival Shein

The e-commerce upstart has been able to acquire supply chains left behind as Shein polishes its images ahead of a possible IPO.

2 min read
Photo by Roy Luck via CC BY 2.0

Energy

Texas Oil Rivals Hook Up In Another Massive Energy Merger

Diamondback Energy is picking up Endeavor in a deal that will create a $50 billion player in the Permian Basin.

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

Patent Drop

Roku Patent Could Make Ads Better Without Violating User Privacy

Roku wants its previews to make you feel the same way the movie does.

2 min read

Media & Entertainment

Scary Movie ’25? Trump Threatens Tariffs on Foreign Films

Photo by Getty Images via Unsplash

President Trump wants to bring film-making back to Hollywood by imposing 100% tariffs on movies produced outside of the US.

2 min read

Photo by Egor Kamelev via Pexels

Healthcare

Psychedelic Biotech Firms Record Major Fundraising Mark

The growing sector scored its second-highest month ever for total money-raising.

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

Patent Drop

Baidu’s Data Generation Tech May Sharpen its Self-Driving Reflexes

Baidu’s patent to tune up self-driving cars could help its fleet account for crazy drivers.

2 min read
Photo illustration by Connor Lin / The Daily Upside

Media & Entertainment

Will Hollywood’s Labor Peace Be Short-Lived?

This year, a slew of unions representing Hollywood’s less heralded below-the-line workers have their turn at the negotiating table

5 min read

Technology

Grand Theft Auto VI Delay Steals the Thrills From Video Game Industry

Photo by Alena Darmel via Pexels

The delay of Grand Theft Auto VI’s release threw a multibillion dollar wrench in forecasted revenues for a gaming industry in need of a hit.

2 min read

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

Photo by Eric Prouzet via Unsplash

Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.

2 min read

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