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 via U.S. Patent and Trademark Office

Patent Drop

Walmart AI Analytics Patent Highlights Retailer’s Tech Overhaul

. It may aim to level the playing field with one competitor in particular: Amazon.

2 min read
Photo by Willian Justen de Vasconcellos via Unsplash

Consumer

LVMH’s Core Fashion Division Posts First Sales Drop Since COVID-19

LVMH shares fell 3.7% after it announced that sales at its core division fell for the first time since 2020.

2 min read
Photo by Matthew Fowler via iStock

Media & Entertainment

Diamond Sports is Seeking a Sports Betting Rebrand

Diamond Sports wants to rebrand its portfolio of local Bally Sports regional sports networks (RSNs) and rebrand them.

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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