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.
Inti Creates Announces Azure Striker Gunvolt Trilogy Enhanced for Nintendo Switch 2
Inti Creates announced Azure Striker Gunvolt Trilogy Enhanced for Nintendo Switch 2 with new story mode, alongside a new spin-off game in the franchise.
HighApple's New CEO Targets Expansion of Streaming Entertainment Business
Apple's incoming CEO plans to expand the company's movie and TV streaming services, building on recent progress in content production and distribution.
HighAmanpour warns of editorial risks as Paramount Skydance eyes CNN
CNN's Christiane Amanpour expresses concern about Paramount Skydance's acquisition of Warner Bros Discovery, citing ideological realignment at CBS News and pot…
HighAustralian shares hit record high for second day as miners, tech lead rally
Australian shares reached a second consecutive record high, driven by strong performances in mining, healthcare, and tech sectors amid robust earnings and risi…
HighRapid Nutrition Scales AI-Powered Platform Across Consumer and Investor Operations
Rapid Nutrition PLC expands AI-powered agentic infrastructure across investor and consumer operations following Australian wellness platform acquisition, enabl…
MediumApple launches £1,999 foldable iPhone under new CEO's leadership
Apple unveiled its first foldable iPhone priced at £1,999, marking the first major design change in nearly 20 years under new CEO John Ternus. The device enter…
HighSouth Korea's KHNP partners with Philippine energy firm on nuclear expansion
Korea Hydro & Nuclear Power and Philippine energy company AboitizPower signed an MoU to explore nuclear technology cooperation and feasibility studies for pote…
HighAmneal Pharmaceuticals Shows 80% Annual Gains; Fair Value Debate Centers on $17 Target
Amneal Pharmaceuticals (AMRX) shows 79.9% 1-year returns with analysts valuing it at $17.00 against current $13.17 price, citing GLP-1 partnerships and interna…
MediumKone to Acquire TK Elevator in $34.4B Mega-Merger
Finland's Kone is acquiring German rival TK Elevator in a €29.4 billion deal, creating the world's largest elevator company. The transaction faces internal res…
HighAnthropic pitches $30 trillion revenue potential to investors
Anthropic is expected to present investors with projections showing over $30 trillion in potential revenue, according to Wall Street Journal reporting on the A…
MediumiPhone 18 lineup to split launch, debut foldable model in fall 2026
Apple is planning a major shift in iPhone launch strategy with the iPhone 18 Pro models debuting fall 2026 alongside its first foldable iPhone, followed by sta…
MediumHuang credits humility as secret to Nvidia's AI dominance
Nvidia CEO Jensen Huang attributes the company's success to humble leadership and hands-on engagement across all organizational levels, a philosophy rooted in…
HighParamount Pauses Warner Acquisition Amid Legal Challenges
Paramount announced it will pause its acquisition of Warner Bros while facing legal challenges from a dozen states and the Writers Guild of America over merger…
HighPickleball Inc. secures $225M investment, unifies sport's major leagues
A $225 million investment establishes Pickleball Inc., merging two major professional leagues under one company as the sport experiences explosive growth with…
HighCracker Barrel divests Maple Street Biscuit, closes 16 locations
Cracker Barrel has sold Maple Street Biscuit Company and closed 16 locations as part of a strategic restructuring that includes a sale-leaseback deal to update…
HighCasino operator defends Primm closure as financially unsustainable amid family backlash
Affinity Interactive's CEO defends closing Primm Valley Resort & Casino, the last of three iconic Nevada properties, citing unsustainable losses despite years…
HighDOJ Approves Paramount-Warner Bros. Discovery Merger Despite State AG Concerns
The Justice Department has approved Paramount's acquisition of Warner Bros. Discovery despite state attorneys general raising concerns beyond traditional antit…
HighArkane Studios Founder Inquires About Buyout as Microsoft Considers Studio Sale
Arkane Studios founder publicly asked Xbox CEO how much Microsoft wants for the studio, signaling potential interest in acquiring the company back after report…
MediumMusk Quotes Scripture in Clash With Pope Over $1 Trillion Tesla Pay Plan
Pope Leo XIV criticized Elon Musk's potential rise as world's first trillionaire, citing extreme CEO-to-worker pay ratios of 600:1. Musk responded with a Bible…
MediumSpirit Airlines Collapse Reignites Debate Over Antitrust Merger Blocking
The Biden administration's antitrust enforcement blocked JetBlue's acquisition of Spirit Airlines, resulting in Spirit's failure and 17,000 job losses in the u…
HighMarketing Chief Mike Sena Reframes Cebuana Lhuillier as Holistic Financial Partner
Marketing leader Mike Sena is repositioning Cebuana Lhuillier from a pawnshop to a comprehensive financial services provider, using storytelling to make financ…
HighSeven stocks to watch as Dalal Street eyes positive Friday open
Multiple Indian stocks face trading focus on December 22 following corporate announcements including Adani Green's $1B renewable investment, LIC's 10-year publ…
HighBlankfein's 'Streetwise': From Brooklyn Streets to Goldman's Top
Lloyd Blankfein's autobiography 'Streetwise' chronicles his rise from Brooklyn poverty to Goldman Sachs CEO, emphasizing street intelligence and outsider persp…
HighByju's Founder Sentenced to Six Months in Singapore Jail for Contempt
Byju Raveendran, founder of Indian edtech unicorn Byju's, received a six-month jail sentence from a Singapore court for contempt of court over disobeyed asset-…
HighVolkswagen to eliminate 100,000 jobs by 2030 in historic industry restructuring
Volkswagen will cut 100,000 jobs (15% of workforce) by decade's end, the largest restructuring in automotive history, while investing billions in technology an…
HighOPPO Find N foldable smartphone set for December 15 launch
OPPO is launching its first foldable smartphone, the Find N, on December 15, featuring a retractable camera, improved display crease technology, and high refre…
HighOne Life Studios expands Southeast Asia reach with 60 microdrama sales, new co-production plans
One Life Studios secured licensing deals across Southeast Asia, selling 60 microdrama titles and historical dramas to regional platforms while developing two p…
HighBCP awards 4M shares to executives after record profits, CEO Maya gets 870K
BCP's CEO Miguel Maya and executive board received approximately 4 million shares valued at €0.9616 each as variable compensation for 2025 and deferred payment…
HighXbox Explores 'Radically Different' Console Models as Industry Rethinks Hardware Strategy
Xbox is exploring unconventional console business models to address rising hardware costs, with Project Helix targeting a 2027 holiday release as the company a…
MediumKT SAT Pivots to 'Total Space Solution Provider' with Multi-Orbit Strategy
KT SAT announced its evolution from satellite capacity provider to integrated space solution provider, emphasizing multi-orbit connectivity, sovereign networks…
MediumParag Parikh Flexi Cap Fund Boosts ITC, Power Grid Stakes; Adds TCS, Indus Towers
Parag Parikh Flexi Cap Fund increased holdings in 12 stocks including ITC and Power Grid, while adding Indus Towers and TCS as new positions in November, maint…
HighInterDigital's 49% Net Margin Masks Lumpy Earnings Despite Bullish Analyst Targets
InterDigital reported Q1 2026 results with net profit margins near 49%, up from 41.3% a year prior, though quarterly earnings remain volatile despite strong li…
HighGreg Abel faces critical test as Berkshire Hathaway charts post-Buffett era
Greg Abel faced his first major public test as Berkshire Hathaway's leader at the annual shareholder meeting, with Warren Buffett's absence significantly impac…
HighSpaceX shares plunge US$1 trillion, catching NZ investors in IPO hype cycle
SpaceX shares have fallen from over US$200 to around US$135 following its record IPO, erasing nearly US$1 trillion in value and demonstrating how IPO hype can…
HighLIV Golf faces September deadline as player admits tour 'time might run out'
LIV Golf player Ian Poulter warns the Saudi-backed breakaway tour faces a hard September 1 deadline to secure $300 million in funding, suggesting time may be r…
HighMusk Denies Altman's Roadster Refund Claims Amid OpenAI Legal Battle
Elon Musk denied Sam Altman's claims about a Tesla Roadster refund delay, stating the refund was processed within 24 hours. The dispute reflects escalating ten…
HighMelbourne startup develops low-risk brain implant to restore speech for neurological patients
Australian startup Fluent is developing a less-invasive brain-computer interface that can decode speech intent from motor cortex signals, potentially restoring…
HighMSG Sports shares surge 16% on Knicks-Rangers spinoff exploration
Madison Square Garden Sports shares surged 16% to record highs after approving exploration of a spinoff separating the New York Knicks NBA franchise from the N…
HighTelstra admits knowing time-system risks as CEO apologizes for nationwide outage
Telstra CEO apologizes for nationwide outage caused by time-system failure, admitting the company knew of risks. Investigation underway into potential death li…
HighCookie Run: Crumble Debuts at No. 1 in App Store Popularity, No. 3 in Revenue
Devsisters' new idle RPG 'Cookie Run: Crumble' reached No. 1 in popularity and No. 3 in revenue on the App Store launch day, with strong international performa…
HighDisney CEO D'Amaro Eyes Growth Opportunities as Rivals Emulate Company's Model
Disney CEO Josh D'Amaro outlines expansion opportunities and competitive positioning, noting parks exceeded expectations while acknowledging investor dissatisf…
HighEA Launches Dedicated Advertising Division to Embed Brands Into Games
Electronic Arts established EA Advertising, a dedicated division to embed brand advertisements directly into gameplay and live experiences, expanding the compa…
HighBleeqUp Ranger AI glasses debut xMEMS Labs' Cowell microtweeter for premium audio
BleeqUp's new AI sports glasses feature xMEMS Labs' Cowell solid-state microtweeter, marking the first commercial use of the ultra-thin speaker technology in A…
HighXbox signals radical shift from traditional console sales model amid rising costs
Microsoft's Xbox CEO Asha Sharma acknowledges console prices exceeding $1,000 are unsustainable for mass markets, signaling the company will introduce "radical…
HighIDEXX Laboratories Stock Seen 23.6% Undervalued, But Premium P/E Ratio Signals Risk
IDEXX Laboratories trades at $573 with analyst models suggesting 23.6% undervaluation to $750, but elevated P/E ratio of 41.3x raises questions about growth ex…
MediumIndra shelves Escribano merger, refocuses on sector relations
Spanish defense contractor Indra has suspended its merger with Escribano to rebuild sector relationships. CEO Ángel Simón prioritizes acquiring EM&E before Oct…
HighPlayStation Boycott Protesters Flood Sony's Phantom Blade Zero Showcase
Gaming protesters flooded Sony's Phantom Blade Zero showcase with 'No Disc No Buy' comments, escalating a planned PlayStation boycott over the company's shift…
HighPokémon Champions reveals competitive gameplay, confirms 2026 launch
Game Freak unveiled Pokémon Champions, a competitive battle-focused title launching in 2026 on Nintendo Switch and mobile, featuring stadium battles, ranked ma…
HighWater CEO defends £860k pay rise despite parasite outbreak, customer service failures
South West Water's CEO Susan Davy defended her 58% pay increase to £860,000 despite the company's cryptosporidium outbreak and poor environmental performance,…
HighRicoh Named CDP Supplier Engagement Leader for Sixth Straight Year
Ricoh has been recognized as a 2025 CDP Supplier Engagement Leader for the sixth consecutive year, reflecting its commitment to decarbonization across its supp…
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