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 Justin via Unsplash

Consumer

Nestlé Tries to Hitch a Ride with Formula 1

Nestlé and Formula 1 announced on Monday that starting with the upcoming 2025 season KitKat will be the sport’s “official chocolate bar.”

1 min read
Photo by Hapabapa via iStock

Healthcare

Abbvie Shares Sink Following Two Poor Trials

Dissapointing results for two mid-stage trials strikes a blow in Abbvie’s expensive pipeline-via-M&A strategy.

2 min read
Photo via Novo Nordisk

Healthcare

Novo Nordisk’s Doing Brilliantly, Just Not Brilliantly Enough

Novo Nordisk reported earnings, posting some chunky year-over-year growth and far outperforming its only real rival at the moment, Eli Lilly.

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

Photo by Kirk Allen via CC BY 3.0

Consumer

TGI Fridays Files for Chapter 11 Bankruptcy

This weekend, TGI Fridays filed for Chapter 11 bankruptcy, making it the latest in its class to raise the white flag.

1 min read
Photo by Jethro Carullo via Unsplash

Energy

Oil Giants Need Gas More than Oil Right Now

Last week the Big Oil companies weighed in with their earnings reports, and it was mostly a pretty sorry assembly.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Macrovector via Freepik

Media & Entertainment

Did Streaming Kill the Music Industry?

Music streaming services that offer more or less all the recorded music in history. So how is the industry supposed to grow?

4 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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