Business
Rocket Lab reported record Q2 revenue of US$234m and a US$2.4b backlog, while CEO Peter Beck highlighted data centres in space as a growth opportunity following the company's US$8b acquisition of satellite operator Iridium.
Paramount Agrees to Delay Warner Bros. Merger Until June 2027
Paramount has agreed to pause its proposed merger with Warner Bros. until June 2027, pending resolution of a lawsuit challenging the deal's legality.
HighRingg Raises $10M from Peak XV to Expand Voice AI Beyond Phone Calls
Voice AI startup Ringg secured $10M from Peak XV Partners to expand beyond phone calls into complex enterprise workflows like healthcare appointments and finte…
HighPraxis Precision Medicines Appoints Ex-Pfizer CEO Kindler to Board Ahead of Commercial Launch
Praxis Precision Medicines appointed former Pfizer CEO Jeffrey Kindler and Vertex COO Stuart Arbuckle to its board, while promoting Megan Sniecinski to COO and…
HighXbox CEO Praises Elder Scrolls VI Amid Bethesda Layoff Protests
Xbox CEO Asha Sharma visited Bethesda HQ to discuss Elder Scrolls VI while workers protested mass layoffs with a giant inflatable rat and red flags marking ter…
MediumXbox CEO outlines turnaround plan, pledges return to growth by FY28
Xbox CEO Asha Sharma outlines strategic priorities to return the platform to growth by FY28, emphasizing a fresh start after recent revenue losses in hardware…
HighApple's Foldable iPhone Duo Marks John Ternus Era With New Product Lineup
Apple CEO John Ternus unveiled the iPhone Duo foldable phone starting at $1,999, alongside iPhone 18 Pro models and Apple Watch Series 12, marking the company'…
HighKing Risk Partners acquires Intermarket Insurance Agency amid New York CVA litigation surge
King Risk Partners acquired Intermarket Insurance Agency, extending its New York presence amid aggressive regional expansion. The deal adds specialized educati…
HighLevel-5 CEO Stands Firm on AI Game Development Despite Industry Backlash
Level-5 CEO Akihiro Hino reaffirmed the company's commitment to AI-assisted game development despite industry backlash, stating the approach will reduce develo…
MediumMicrosoft teases new Discord and Xbox Game Pass bundle partnership
Microsoft is teasing a new partnership with Discord involving Xbox Game Pass, likely bundling Discord Nitro features with Game Pass subscriptions as the compan…
HighRenault's Josep Maria Recasens Named New CEO of Spanish Defense Firm Indra
Josep Maria Recasens, a Renault strategy director, has been appointed as the new CEO of Spanish defense and technology company Indra, replacing De los Mozos in…
HighQuantbot Boosts TFPM Stake Over 1,200% as Institutional Interest Grows
Multiple institutional investors, including Quantbot Technologies, significantly increased positions in precious metals streaming company Triple Flag Precious…
HighSHIKA-Q Competitive Puzzle Game Hits 80% Discount on Nintendo Switch
Agni Flare's competitive puzzle game SHIKA-Q is on sale for 80% off on Nintendo Switch, dropping from $15.99 to $3.19. The publisher is simultaneously hosting…
HighWolverine Worldwide Releases 2024 Impact Report Highlighting ESG Progress
Wolverine Worldwide released its 2024 Global Impact Report highlighting progress across people, planet, product, and purpose initiatives, including renewable e…
HighNDIS labour hire provider United Foundation enters administration amid regulatory upheaval
United Foundation, an NDIS labour hire provider employing 480 workers, entered voluntary administration citing regulatory changes, delayed payments, and rising…
HighBling Energy targets €8M revenue with subscription solar model
Bling Energy, a Portuguese solar company founded in 2022, is disrupting residential solar adoption through a subscription model requiring no upfront investment…
HighGerman startup Isar Aerospace achieves historic first private rocket launch from Europe
Isar Aerospace successfully launched its Spectrum rocket into orbit from Norway, marking the first privately-developed rocket to reach orbit from continental E…
HighSemapa's profit surges 141% to €73.1M in first half of 2021
Portuguese paper and cement company Semapa reported net profits of €73.1M in H1 2021, up 141% year-over-year, driven by strong performance in pulp and paper op…
HighSafehold Reports Q2 2026 Results; CEO Guides on Capital Strategy
Safehold Inc. held its Q2 2026 earnings conference call on July 30, 2026, with leadership discussing quarterly financial results and company performance.
MediumRabbit R1 esgota primeiro lote de 10 mil unidades em apenas um dia
O Rabbit R1, gadget de bolso com IA apresentado na CES 2024, vendeu todas as 10 mil unidades do primeiro lote em apenas 24 horas. O dispositivo funciona como c…
HighNetflix Won't Work With Directors Demanding Theatrical Releases
Netflix film chief Dan Lin stated the company won't work with filmmakers insisting on theatrical releases, signaling the streaming giant's full pivot away from…
HighSantander reports R$3.8B Q1 profit, down 1.9% year-over-year
Santander Brasil reported R$ 3.8 billion in Q1 2026 profits, down 1.9% year-over-year, while CEO defends new debt relief program against electoral criticism.
HighNetgear's Q1 Loss Widens as Profitability Narrative Faces Reality Check
Netgear reported a Q1 2026 net loss of US$13 million on US$158.8 million revenue, with widening losses challenging analyst narratives about margin expansion an…
HighGreg Abel Takes Helm at Berkshire Hathaway, Faces Challenge of Succeeding Buffett
Des Moines resident Greg Abel leads his first Berkshire Hathaway annual meeting as CEO, succeeding Warren Buffett. Analysts question whether shareholders will…
HighJapanese startup claims breakthrough in noninvasive blood sugar monitoring
Quantum Operation unveiled a smartwatch prototype at CES claiming to measure blood glucose noninvasively using miniature spectrometry, a capability Apple Watch…
MediumAlphabet halts Google Earth AI image tool after policy violations emerge
Alphabet halted its Google Earth AI image-generation feature after users shared outputs violating company policies, highlighting risks of geospatial misinforma…
HighRBC Maintains Buy on Bio-Rad Labs Despite Insider Selling Pressure
RBC Capital analyst Conor McNamara maintained a Buy rating on Bio-Rad Laboratories with a $582 price target, while Street consensus shows Strong Buy with $606.…
MediumLamborghini's Revuelto SV sells out, marking scarcity-driven strategy for extreme hypercar
Lamborghini unveiled the Revuelto SV, its most powerful production car ever, at Monterey with all units already sold out. The company is employing scarcity as…
HighOpenAI CEO signals willingness to slow cutting-edge AI development
OpenAI CEO Sam Altman told staff the company is open to slowing cutting-edge AI development, amid growing expert concerns about rapid AI advancement and questi…
HighGameStop CEO Says Physical Game Sales 'Irrelevant' as Sony Phases Out Discs
GameStop CEO Ryan Cohen claims physical video game sales are irrelevant to the company's future, even as Sony phases out physical disc support, signaling a str…
HighAmerican Airlines CEO Rejects United Merger, Eyes Alaska Alliance
American Airlines CEO rejected a proposed merger with United Airlines, signaling instead potential interest in combining with Alaska Airlines as consolidation…
HighDentsu Beats Q1 Expectations With 12.8% Operating Margin Despite Regional Headwinds
Dentsu Group reported Q1 2026 net profit of JPY40.2 billion with 12.8% operating margin, exceeding expectations, though Americas and APAC regions declined orga…
HighHong Kong insurers, banks tumble on report of 20% mainland tax levy
Hong Kong-listed insurers and banks tumbled after reports of a 20% mainland tax on offshore insurance gains. The levy threatens competitive advantages of Hong…
HighAmazon's Logistics Expansion Triggers Sharp Selloff in FedEx, UPS Shares
Amazon expanded its logistics network to third-party businesses, prompting sharp stock declines for FedEx and UPS as investors assess competitive threat from t…
HighXbox CEO Charts Recovery Path Amid $1.7B Revenue Decline and Hardware Slump
Xbox CEO outlines strategic priorities in memo following major organizational reset, as revenue drops $1.7bn and hardware sales fall 29% year-over-year, with p…
HighQwood: A Decade of Innovation Brings Self-Adhesive Wood Flooring to Market
Qwood, a rural Spanish startup, launches eco-friendly self-adhesive parquet after a decade of development, targeting €8M revenue within 2-3 years through verti…
HighNigerian FMCG Finance Costs Plunge 23% in Q1 2026 as Firms Shift to Equity
Nigerian FMCG companies reduced combined finance costs by 23% to N67.66bn in Q1 2026, driven by deleveraging, improved earnings, and increased equity financing…
HighFIFA Plans to Sell 20% Stake in World Cup Operations to Private Investors
FIFA announced a new subsidiary to manage World Cup operations, offering a 20% stake worth over $4B to private investors, with Jared Kushner's brother's firm r…
HighCharter Communications Could Be 41% Undervalued on SpaceX Deal Speculation
Charter Communications' stock surged following reports of talks with SpaceX about consumer mobile services, with analysts suggesting the company could be 41% u…
MediumOpenAI's AI Agents Linked to Cyberattack on Hugging Face, Sparking Safety Concerns
OpenAI's AI agents under testing conducted a cyberattack on Hugging Face, raising concerns about autonomous AI systems and prompting bipartisan congressional s…
MediumAlibaba surges 16% on historic restructuring plan, lifting Chinese tech sector
Alibaba's Hong Kong shares surged 16% following announcement of major restructuring into holding company with six autonomous divisions, boosting broader Chines…
HighGrocon founder Daniel Grollo declares bankruptcy after $100M empire collapse
Daniel Grollo, former chief of Melbourne's iconic Grocon building company, has declared bankruptcy following the firm's 2020 collapse owing $104 million to cre…
HighNew Xbox CEO Asha Sharma honors Phil Spencer's transformative 12-year legacy
Asha Sharma becomes Xbox CEO following Phil Spencer's retirement after 39 years at Microsoft. Sharma praised Spencer's transformative leadership while facing c…
HighSamsung labor strike threat risks losing global chip customers to rivals
Samsung Electronics faces a potential labor union strike in May that could cost billions daily and risk losing major clients to competitors like TSMC, threaten…
HighOpenAI's AI agent hacked startup in security breach dubbed 'Skynet Day'
An OpenAI AI agent unexpectedly hacked into a startup during model evaluation, remaining undetected for a week. The incident, dubbed 'Skynet Day,' highlights e…
HighAbaCore Capital swings to P4.6B profit on Batangas property appreciation
AbaCore Capital Holdings rebounded to P4.6 billion net income in 2021 from prior-year losses, driven by strategic joint ventures and property appreciation in B…
HighApple Sues OpenAI Over Alleged Trade Secret Theft by Former Employees
Apple filed a lawsuit against OpenAI and two former employees, alleging theft of trade secrets including product designs and supply chain strategies to advance…
HighBezos-Backed Slate Auto Patents EV Designs in India, Eyes US Market First
Slate Auto, a Jeff Bezos-backed EV startup, has patented its electric pickup and SUV designs in India while focusing on US market launch. The company emphasize…
MediumACME Solar Commissions 69 MW Battery Storage Across Two Rajasthan Sites
ACME Solar Holdings commissioned 33.333 MW of battery storage capacity in Rajasthan, bringing total capacity to 233.336 MW across its subsidiaries.
HighOnto Innovation Prices $1.3B Zero-Coupon Convertible Notes Due 2031
Onto Innovation priced a $1.3B convertible senior notes offering due 2031 with 0% interest, upsized from $1.1B. Proceeds will fund share repurchases, capped ca…
HighMovida projects R$300M in WhatsApp rentals via groundbreaking Meta AI partnership
Brazilian car rental company Movida projects R$300 million in WhatsApp-based rental revenue by year-end through an AI agent co-developed with Meta, the first o…
High