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 Governor Tom Wolf via CC BY 2.0

Healthcare

Moderna Moves to Maintain its mRNA Momentum

The company’s stock ran higher after the company buoyed investors’ hopes that its technology will boost a lineup of new popular drugs.

2 min read
Photo by No Revisions via Unsplash

Consumer

Mondelez CEO Says Investors Don’t Care About Boycotting Russia

Dirk Van de Put said the company has received no pressure from shareholders to stop doing business with Russia.

1 min read
Photo by Leo_Visions via Unsplash

Autos

Luxury EV Startups Rivian and Lucid Face a Tough Road

The companies continue to lose massive amounts of money as consumers are turning to cheaper hybrids and traditional gas-powered vehicles.

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 via Connor Lin / The Daily Upside

Consumer

Shein and Temu’s Fast-Fashion Rivalry is Rocking the Air Freight Industry

The massive growth by both companies is crowding out other suppliers hoping to rely on cargo delivery planes.

2 min read
Photo by Mike Mozart via CC BY 2.0

Consumer

Walmart Finds a New Secret Weapon: E-Commerce

The company’s online sales topped 16% of total sales in its most recent quarter, its highest level yet.

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

Patent Drop

Tesla Patent Gives its Cars Better Situational Awareness

Tesla and other self-driving car firms face both regulatory battles and public perception hurdles.

2 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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