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 Mike Mozart via CC BY 2.0

Consumer

Mars Scores Biggest Acquisition Ever with Pringles Maker

Mars announced on Wednesday that it has agreed to buy snack maker Kellanova, a spin-off from Kellogg’s, for a mouth-watering $35.9 billion.

1 min read
Photo by Dom J via Pexels

Consumer

Starbucks Abruptly Dumps CEO, Poaches Chipotle Boss

For Starbucks chief Laxman Narasimhan, the daily grind is over. The embattled coffee chain named Chipotle CEO Brian Niccol his successor.

1 min read
Photo by Gary Bembridge via CC BY 2.0

Media & Entertainment

Paramount Closes TV Studio, Lays Off 15% of Staff

As Paramount moves under the control of Skydance Media, current leadership is undergoing a campaign to realize half a billion in savings.

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 illustration by Connor Lin / The Daily Upside, Photo by 3DSculptor via iStock

Industrials

Is Monetization the Final Frontier for the Commercial Space Industry?

As the ISS is decommissioned, several space station projects are in the works, but a business model may be the final frontier.

5 min read
Photo by News Øresund – Johan Wessman via CC BY 2.0

Markets

Novo Nordisk Slips Amid Disappointing Wegovy Sales

Novo Nordisk’s share price fell over 8% on Wednesday after the company reported lower-than-expected sales of Wegovy.

2 min read
Photo by Markus Spiske via Unsplash

Energy

The Carbon Credit Market Takes a Knock

The Integrity Council for the Voluntary Carbon Market issued some new guidelines on what types of carbon credits it can rubber-stamp.

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

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

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.