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 Dima Pechurin via Unsplash

Consumer

Luxury Brands Can’t Bank on China Anymore

Gucci’s parent company expects sales to slump by 10%, largely due to a downturn in Chinese demand.

2 min read
Photo by Hybrid Storytellers via Unsplash

Consumer

Unilever Jettisons Iconic Ice Cream Brands

The international consumer giant has decided that an entire ice cream portfolio has just become too costly.

1 min read
Photo by C B via Unsplash

Autos

Bentley’s Profit Buoyed by Customized Cars

The British car maker said seven out of 10 customers spent more than $43,000 on customizing their new rides.

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, Photos by EKSRX via CC BY 2.0 and Upklyak via Freepik

Geopolitics

My Kingdom for a Sport: Saudi Arabia Goes All in on Athletics

Why is Saudi Arabia spending a king’s ransom on sports? The Middle East powerhouse doesn’t care if you call it sportswashing.

6 min read
Photo by Flickr via CC BY 1.0

Energy

Shell Backtracks Again on Climate Targets

The energy titan has extended the timeline for its plan to reduce its “carbon intensity.”

2 min read
Photo by Andreas Gücklhorn via Unsplash

Energy

Cheap Chinese Solar Panels Are Flooding the US Market

Despite tariffs, the US imported a record number of panels through November of last year.

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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