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 Rufus46 via CC BY-SA 3.0

Media & Entertainment

‘Minecraft’ Hedges Its Bets on Gaming

Mojang Studios, the gaming studio behind “Minecraft,” is exploring new revenue streams like merchandising, education, and content-streaming.

1 min read
Photo by Dark Matter via Unsplash

Electric Vehicles

Tesla Sales in Reverse Gear For Second Straight Quarter

Tesla’s sales fell for the second straight quarter, marking its first back-to-back sales drops since 2012. But its stock still rose 10%.

2 min read
Photo by Jethro Carullo via Unsplash

Energy

Shell Pulls Back on Big Biofuel Plant

Shell is hitting pause on a major biofuel project in the Netherlands, one of the biggest in Europe, to consider market conditions.

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

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.