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 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

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

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

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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