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 Jetcityimage via iStock

Industrials

Activist Investor Elliott Reveals Surprise $5 Billion Stake in Conglomerate Honeywell

Honeywell may just be the next conglomerate to split into various pieces. At least if Elliott Investment Management has its way.

2 min read
Photo by Mike Mozart via CC BY 2.0

Healthcare

23andMe Gives Up on its Drug Development Dream

A treasure trove of genetic data may hold the key to a revolution in drug development, but it offers no clues for building a business.

2 min read
Photo by Krish Parmar via Unsplash

Energy

Shell Strikes a Blow For Fossil Fuel Industry in Climate Litigation — For Now

Shell managed to overturn a Dutch legal order made in 2021 that had mandated the company cut its emissions 45% from 2019 levels by 2030.

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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