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 Moonik via CC BY-SA 3.0

Consumer

Hermès Keeps Up Its Luxury Exceptionalism

Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.

1 min read
Photo by Lorie Shaull via CC BY 2.0

Media & Entertainment

WWE and UFC Parent Group TKO Takes Another Big Swing

TKO Group will be dropping $3.25 billion to acquire a trio of sports and entertainment properties from Endeavor.

1 min read
Photo by JHVEPhoto via iStock

Healthcare

Merck Takes on Brain Cancer With Acquisition of Yale Spinoff Modifi

Modifi Biosciences announced that it has been acquired by global pharmaceutical giant Merck, with a $30 million down payment.

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 Venti Views via Unsplash

Media & Entertainment

Netflix Has Won the Streaming Wars. So What Comes Next?

Netflix reported another stellar earnings result, featuring its biggest quarterly profits in company history.

2 min read
Image Credit: iStock, BackyardProductions

Inflation & Prices

CVS Names New CEO Amid Uncertain Retail Pharmacy Landscape

The leadership change comes as the retail pharmacy industry faces thin profit margins, store closures, and layoffs.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by CCS Pictures and John Mac via CC BY-SA 2.0 and Rob Prange via CC BY 2.0

Media & Entertainment

Women’s Sports Evolves from Moment to Movement

Women’s sports have been seen as secondary to men’s. While there’s still a lot of catching up to do, the gender gap is shrinking.

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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