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 Osarugue Igbinoba via Unsplash

Consumer

Italy Hits Dior and Armani with Antitrust Probe over Working Conditions

Italy’s antitrust agency has opened an investigation into Dior and Armani over allegations of worker exploitation.

2 min read
Photo by Glenn Carstens-Peters via Unsplash

Media & Entertainment

Could Soaring Ad Revenue Save the Media Industry?

PricewaterhouseCoopers’ annual Global Entertainment & Media Outlook says the media industry has plenty of reasons for optimism.

2 min read
Photo by Anthony Quintano via CC BY 2.0

Consumer

Macy’s Says No to Private Equity Buyout. Now What?

The board of directors for Macy’s unanimously voted to end negotiations with Arkhouse and Brigade to take the company private.

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

Photo illustration by Connor Lin / The Daily Upside

Consumer

Can Nike Regain its Legendary Standing?

Not only is sportswear and sneaker giant Nike faced with struggling financials, but it is also searching for its soul.

6 min read
Photo by Naveen Venkatesan via Unsplash

Media & Entertainment

NFL Moves Toward Allowing Private Equity into Ownership Groups

Commissioner Roger Goodell said the NFL is en route to allowing PE groups to take ownership stakes in franchises

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Ford Self-Driving Maintenance Patent Could Automate Oil Changes

Filings like these indicate that this pivot will likely have a domino effect on all other parts of the automotive industry.

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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