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 E Gillet via CC0 1.0

Healthcare

CVS, UnitedHealth Want Nothing to Do With Lina Khan

UnitedHealth, CVS, and Cigna want FTC chair Lina Khan and two other officials recused from their case due to alleged biases.

2 min read
Photo via Rio Tinto

Industrials

Mining Giant Rio Tinto Bets on Lithium Rebound With $6.7 Billion Acquisition

Rio Tinto announced plans to acquire US lithium miner Arcadium for $6.7 billion, making it the world’s third-largest lithium miner.

1 min read
Photo by Diana Polekhina via Unsplash

Technology

Obesity Drugmaker Rivus Wants in on the Healthcare IPO Boom

Obesity drugmaker Rivus is working with banks to complete a US public listing that could happen before the end of the year.

1 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

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