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 Shabaz Usmani via Unsplash

Consumer

Target Might Spin Up Its Own Version of Amazon Prime

The retailing giant could launch its own subscription shopping service to keep up with rivals Amazon and Walmart.

2 min read
Photo by JIP via CC BY-SA 4.0

Consumer

Robodelivery Startup Starship Technologies Raises $90 Million to Grow Beyond Pizza

The Estonia-based company has had a good start in the US, but is now looking to expand its European operations.

1 min read
Photo by Jessica Furtney via Unsplash

Autos

Toyota Dines Out on Excess Hybrid Demand

The automaker posted a record quarterly profit after leaning into the idea that not all consumers are ready for EVs.

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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