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 Farragutful via CC BY-SA 4.0

Consumer

Target Slashes Prices to Entice Shoppers Tired of High Prices

The retailer will cut prices on up to 5,000 grocery items to keep pace with lower-cost rivals like Walmart.

2 min read
Photo by Fin vs Fin via CC BY 2.0

Healthcare

Hims & Hers Stock Jumps On New Discount Weight-Loss Drug Offering

A loophole lets the company create a back-door offering of a generic drug before the patents of Novo Nordisk and Eli Lilly expire.

2 min read
Photo via Connor Lin / The Daily Upside

Media & Entertainment

Has Fox Turned Tubi into a Streaming Success?

The service has grown to 74 million monthly active users, a bigger audience than the Max paid-subscription platform.

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

Photo by Kamil S via Unsplash

Technology

Sony Is Past its PlayStation 5 Peak

Sony said Tuesday that Playstation 5 sales rose over the past fiscal year, but it lowered its sales guidance over the next year.

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

Consumer

Temu Gets Spooked by Possible TikTok Ban

The-commerce app, which has spent a fortune marketing itself in America, is reportedly starting to hedge its reliance on the US market.

2 min read
Photo by Maria Lupan via Unsplash

Energy

US Oil Industry Faces Wave of Antitrust Trouble

US shale producers are on the receiving end of a wild well of class-action lawsuits alleging anticompetitive behavior.

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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