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.
Mystery e-motorcycle maker eyes Cebu plant in economic forum reveal
An unnamed Asia-based electric motorcycle manufacturer is considering establishing its first production plant in Cebu, with the CEO set to announce details at…
MediumOlympic runner Jenny Simpson survives cardiac event, ends running career
Three-time Olympian Jenny Simpson collapsed during a June run in North Carolina, revealing a rare heart condition. A fortunate encounter with a pediatric physi…
HighAditya Birla Fashion Acquires 51% Stake in Masaba Gupta's Label for Rs 90 Crore
Aditya Birla Fashion acquired a 51% stake in Masaba Gupta's designer label for Rs 90 crore, targeting Rs 500 crore revenue in five years as part of its premium…
HighHuang Rejects 'Loser' Premise on China: Nvidia's Market Share Growing
Nvidia CEO Jensen Huang dismisses the idea that the company will inevitably lose China's market to domestic rivals, arguing computing ecosystems are structural…
HighJyoti CNC Automation Posts 28% Revenue Growth to ₹576 Cr in Q3 FY26
Jyoti CNC Automation delivered strong Q3 FY26 results with consolidated revenue of ₹576 crores (28.1% YoY growth) and EBITDA margin expansion to 26.8%. The com…
HighRapid Nutrition Launches Premium Pantry Using AI to Drive Owned-Brand Growth
Rapid Nutrition PLC expands owned-brand portfolio with Premium Nutrition Pantry launch across wellness hubs, leveraging AI-driven customer analytics to identif…
HighCoke, Pepsi Launch QR Codes for Beverage Ingredient Transparency
Major beverage companies including Coca-Cola and PepsiCo are rolling out QR codes linking to ingredient information, responding to consumer demand for transpar…
HighSpaceX Acquires AI Coding Startup Cursor for $60 Billion
SpaceX has acquired Bay Area AI coding startup Cursor for $60 billion, creating four multibillionaire cofounders in their mid-20s and significantly expanding S…
HighNFON AG Bets on AI Monetization to Reverse Revenue Decline in H2 2026
NFON AG reported Q1 2026 revenue decline but expects H2 recovery through AI monetization and efficiency measures. The company maintains investment in AI-driven…
HighXbox Founder Warns New CEO Will Quietly Wind Down Gaming Division for AI Focus
Xbox founder Seamus Blackley claims new CEO Asha Sharma will gradually wind down the gaming division as Microsoft prioritizes AI over traditional business unit…
MediumWARDOGS Hits 2M Sales in 5 Days, Peaks at 428K Players Amid Crunch Controversy
British studio Bulkhead's WARDOGS sold 2M copies in 5 days on Steam Early Access, peaking at 428K concurrent players and outpacing established shooters, though…
HighGameStop Shows Operational Progress, But Meme Volatility Makes It a Speculative Play
GameStop achieved GAAP profitability through aggressive cost-cutting and interest income, but renewed meme-driven volatility from Keith Gill's tweet triggered…
HighWendy's CEO Admits Quality Took Backseat, Pledges Turnaround
Wendy's CEO acknowledges food quality hasn't been a priority and commits to changes, while hiring McDonald's former CMO to lead marketing and customer growth e…
HighFTC Sues Hims & Hers Over Unlawful Health Data Sharing With Meta, Snap
The US FTC filed an exclusive lawsuit against Hims & Hers for allegedly sharing user health information with Meta and Snap without proper consent, alongside de…
HighDelhi court fines Google $31,600 for trademark abuse in ads—what startups need to know
Delhi High Court ruled Google liable for trademark infringement via Google Ads keywords, rejecting its intermediary defense. The precedent threatens conquest a…
HighMiddle East tensions to drive up cosmetics costs for Australian consumers
Australians face rising cosmetic costs due to crude oil supply disruptions from Middle East conflict. Price increases will persist even if regional stability r…
HighVicki Brady takes Telstra helm after Penn's restructuring tenure
Telstra CFO Vicki Brady will become CEO on September 1, replacing Andy Penn who led the company through major restructuring and the pandemic. Brady brings expe…
HighStellantis, Nissan eye Marelli assets in bankruptcy restructuring talks
Stellantis and Nissan are negotiating to acquire specific assets from Marelli Holdings, a troubled auto-parts supplier undergoing Chapter 11 bankruptcy restruc…
HighKeysight Appoints Intel's Michelle Holthaus to Board
Keysight Technologies appointed Michelle J. Holthaus, Intel's chief revenue officer, to its Board of Directors. Holthaus brings 25+ years of experience in sale…
HighBT's Kirkby navigates turnaround amid questions over credit for 80% share rise
BT's first female CEO Allison Kirkby has overseen an 80% share price rise in two years, though questions remain about how much credit she deserves versus her p…
HighMonopoly Manufacturer Faces Dice Shortage in U.S. Production Push
A company manufacturing Monopoly board games in America faced production delays due to inability to source dice, highlighting supply chain vulnerabilities in c…
MediumInnodata Names Rahul Singhal as Next CEO in Orderly Succession
Innodata announced a planned CEO succession effective September 2026, with President Rahul Singhal becoming CEO while Jack Abuhoff transitions to Executive Cha…
HighTempsens IPO fully subscribed in an hour with 77% GMP
Tempsens Instruments' ₹650-crore IPO achieved full subscription in one hour with 77% GMP, indicating strong investor demand for the thermal engineering and spe…
HighVir Biotech Outlines Dual Value Drivers: Near-Term HDV Data, Long-Term Oncology Platform
Vir Biotechnology presented its multi-pathway value creation strategy at BofA's healthcare conference, highlighting near-term potential from HDV and longer-ter…
HighXbox CEO admits Game Pass 'too expensive,' plans service overhaul
Xbox CEO Asha Sharma acknowledged in a leaked memo that Game Pass has become too expensive for players, signaling plans to evolve the service into a more flexi…
HighDisney Q1 FY2026: Revenue Growth Offset by Margin Pressures Across Entertainment
Disney reported Q1 FY2026 revenues of $26.0B (+5% YoY) but segment operating income declined 9% to $4.6B, with streaming profitability improving while traditio…
HighXpeng plants European flag with aggressive German SUV launch
Xpeng unveiled its Mona L03 SUV in Munich, signaling serious European expansion plans with aggressive pricing and production targets. The Chinese automaker aim…
HighVeronica Beard Promotes President Stephanie Unwin to CEO
Stephanie Unwin, president of Veronica Beard since 2013, has been promoted to CEO, formalizing her leadership of the luxury fashion brand's expansion into new…
HighMeta troca comando do WhatsApp e coloca fundador de fintech indiana no cargo
Meta substituiu Will Cathcart por Kunal Shah, fundador da fintech Cred, na liderança do WhatsApp, investindo US$ 900 milhões para reforçar a estratégia de paga…
HighHybrid-electric aircraft developer files for bankruptcy
A technology company developing hybrid-electric aircraft has filed for bankruptcy, marking a setback for sustainable aviation innovation.
MediumKevin Owens Returns from 16-Month Injury Layoff, Wins SummerSlam Title Shot
Kevin Owens made a dramatic return to WWE after 16 months recovering from a neck injury, defeating Sami Zayn in a triple-threat match at SummerSlam to earn a t…
HighSony's Bungie Acquisition Unravels as Destiny 2 Winds Down, Triggering Major Layoffs
Sony-owned Bungie faces significant layoffs following Destiny 2's final update, marking an unprecedented collapse of a major gaming acquisition valued at $800M.
HighWNBA's political focus overshadows sport amid player conflicts and eligibility debates
Fox News opinion piece argues WNBA's focus on political activism has created internal conflicts, citing treatment of Caitlin Clark, Sophie Cunningham's trans a…
MediumOregon AG Withdraws Delay Motion on Paramount-Warner Bros. Merger
Oregon's Attorney General withdrew its motion to delay the Paramount and Warner Bros. Discovery merger, clearing a regulatory hurdle for the deal's progression.
HighJio Launches Bundled Home Packs Starting at Rs 400 With TV, Wi-Fi, and OTT Options
Reliance Jio introduced 3-in-1 JioHome Packs starting at Rs 400/month, offering flexible combinations of TV, Wi-Fi, and OTT streaming services with free instal…
HighSamsung Strike Looms as Labor Talks Collapse, Threatening Chip Supply
Samsung Electronics' largest labor union called a general work stoppage after rejecting management's response to a mediation proposal, risking disruption at th…
HighKitchen Startup to $1 Trillion: Understanding the Valuation Leap
A company founded informally in a kitchen has reached a $1 trillion valuation, illustrating the potential for unconventional startups to achieve massive market…
MediumNSFW AI Startup Receives 100K+ Applications for Unusual 'Masturbation Consultant' Role
Joi AI's unconventional job posting for 10 'masturbation consultants' to test audio features went viral, attracting over 100,000 applications and highlighting…
HighNepal flash floods death toll nears 160; over 750 missing as rescue efforts intensify
A glacial collapse triggered catastrophic flash floods in Nepal's Bhotekoshi River, killing nearly 160 people with over 750 missing, including 133 Indian natio…
HighSchools Deploy Pepper-Spray Drones to Counter Active Shooters
Schools in Colorado, Florida, and Georgia are piloting armed drones designed to locate and neutralize active shooters within seconds using pepper spray, strobe…
HighGreg Abel, Buffett's Designated Successor, Balances Boardroom Power with Iowa Hockey Dad Life
Greg Abel, a low-key Canadian executive, is designated to succeed Warren Buffett as CEO of Berkshire Hathaway. Friends describe him as a hardworking, analytica…
HighTokyo's nightlife reverts to cash as credit processor Zentoshin collapses
Zentoshin, a major credit-card processor, filed for sudden bankruptcy, forcing Tokyo bars and restaurants to revert to cash payments and disrupting Japan's rec…
HighNvidia smashes Q1 forecasts with $91B guidance, but stock slides in after-hours trading
Nvidia reported record $81.6B quarterly revenue with 85% YoY growth and projected $91B for next quarter, exceeding analyst expectations. The company authorized…
HighHPE Raises AI Forecasts as Supply Constraints Weigh on Stock
HPE increased its AI demand forecasts but shares fell due to supply chain concerns, signaling investor worry about execution despite strong demand outlook.
HighFisker's 11,000 owners build open-source alternative after bankruptcy collapse
After Fisker's June 2024 bankruptcy left 11,000 Ocean owners without software support, the Fisker Owners Association emerged as an open-source alternative, rev…
HighBlue Origin Expands Cape Canaveral Operations After New Glenn Explosion
Blue Origin is constructing a second launch pad at Cape Canaveral's Launch Complex 36 following damage from a New Glenn rocket explosion, advancing its expansi…
HighDel Monte Reports Q2 2026 Results; CEO Outlines Growth Strategy
Del Monte Corporation held its Q2 2026 earnings call on July 29, 2026, with leadership discussing financial results and company performance through investor re…
HighDario Amodei pede pausa global no desenvolvimento de IA em carta histórica
Dario Amodei, fundador da Anthropic, divulgou carta histórica propondo desaceleração no avanço da inteligência artificial, posição apoiada por líderes como Alt…
HighStripe acquires OpenRouter for $7.5B, expanding AI ambitions beyond payments
Stripe announced a $7.5 billion acquisition of OpenRouter, an AI infrastructure startup, marking the payments giant's major expansion into artificial intellige…
HighMonitor maker KTC signals price hikes ahead as PC component costs surge
KTC, a major mini-LED monitor manufacturer, announced upcoming price increases due to rising PC component costs and supply chain disruptions, advising customer…
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