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 illustration by Connor Lin / The Daily Upside

Artificial Intelligence

AI Could Upend Electricity Demand

AI’s energy needs are enormous, and could have a once-in-a-generation impact on the electricity market.

5 min read
Photo by Sachina Hobo via Unsplash

Healthcare

Walgreens Plans to Shutter Stores and Refocus after Weak Earnings

Walgreens’ new leader is planning a rebound for the chain, starting with shuttering a substantial, if unspecified, number of US locations.

1 min read
Photo by Andrew Stickelman via Unsplash

Consumer

Amazon Sets up a Rival to Shein and Temu

Amazon’s setting up a discounted shop that will fly products to consumers from China. It’s meant to copy Shein and Temu’s business models.

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

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