Industries

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

Photo by Christian Wiediger via Unsplash

Consumer

Online Luxury Shopping Just Isn’t Cool Anymore

The e-commerce luxury market has taken a big dip, placing the platforms that focus on luxury goods in hot water.

1 min read
Photo by Joshua Bartell via Unsplash

Industries

Big Tobacco’s Big Problem: The US Isn’t Lighting Up

British American Tobacco shares dropped to a 12-year low after the company announced a $31.5 billion write-down for some of its brands.

2 min read
Photo by Lorie Shaull via CC BY 2.0

Media & Entertainment

2023 Was StubHub’s Year of the Women

StubHub’s latest Year in Live Experiences report found women captivated audiences in 2023 and generated massive ticket sales.

1 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

Photo by Andres Ayrton via Pexels

M&A

Roche Elbows into Weight-Loss Drug Market Via M&A

Roche agreed Monday to acquire anti-obesity drug developer Carmot Therapeutics for an appetizing $3.1 billion.

2 min read
Photo by Prasad Panchakshari via Unsplash

Patent Drop

Apple’s LIDAR Patent Adds Another Piece to Rumored Car Offering

Apple will likely face a lot of competition if it decides to get on the road.

2 min read
(Photo Credit: Nainoa Shizuru/Unsplash)

Media & Entertainment

Rock Band Kiss Plans to Join the Avatar Concert Trend

After 50 years of performing, world-renowned shock rock group Kiss just played its final show, but the members say the show will go on.

1 min read

Enterprise AI

Battlefield AI Grapples With Risk-Tolerance Minefield

Photo illustration by Connor Lin / The Daily Upside

Future battlefields will be shaped by AI weapons that defense firms and Big Tech are vying to build for the military. Guardrails are lagging.

5 min read

Photo via Connor Lin / The Daily Upside

Healthcare

Cigna, Humana Eyeing a Merger

In a bid to scale up against larger rivals, health insurance players Cigna and Humana are reportedly in talks over a possible merger.

1 min read
(Photo by Brad Killen via Unsplash)

Autos

GM Sets Out to Soothe Shareholders with Spending Cuts, Dividend Boost

America’s largest auto manufacturer is trying to regain Wall Street’s favor with buybacks and spending cuts on less promising projects.

2 min read
(Photo by Bill Abbott via CC BY-SA 2.0)

Industrials

Virgin Atlantic Logs First Transatlantic Flight on 100% ‘Sustainable’ Jet Fuel

On Tuesday, Virgin Atlantic conducted the first transatlantic flight by a commercial airliner fully powered by sustainable aviation fuel.

1 min read

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

Photo by Jason Miraples via Unsplash

Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

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