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 Lucas van Oort via Unsplash

Consumer

McDonald’s May Have to Tap Out on Raising Prices

First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.

1 min read
Photo via Hannah Wernecke

Media & Entertainment

Paramount Ousts CEO Amid Sale Effort

As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.

2 min read
Photo by Financial Times via CC BY 2.0

Artificial Intelligence

OpenAI Inks Licensing Deal with the Financial Times to Train Chatbots

On Monday, the Financial Times said it struck a deal with OpenAI to allow the generative AI darling to license the FT’s content.

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 Tohamina via Freepik

Media & Entertainment

America’s Shortening Attention Spans are Corporate Gold

The stakes for media and tech companies have never been higher, even if attention spans have never been shorter.

5 min read
Photo by Manuel Pappacena via Unsplash

Autos

A Mercedes With Autonomous Driving Just Hit the US Market

Cars with Drive Pilot are only available for sale in California and Nevada, and even there it only works on certain freeways.

1 min read
Photo by Bas van den Eijkhof via Unsplash

Industrials

Struggling Diamond Giant De Beers Is Reportedly for Sale

The potential sale is playing out against a larger deal as Australian rival BHP has offered to buy parent Anglo American for $39 billion.

2 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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