Business
SpaceX is preparing to compete in a Pentagon contest focused on autonomous drone technology and this move says more about business strategy than battlefield hardware. For years, SpaceX built its identity around rockets, satellite launches, and its rapidly expanding Starlink network. Now, the company appears ready to step deeper into
Business
OpenAI, the company behind ChatGPT, is reportedly using a version of its own AI tool to track down employees who leak confidential information. It sounds almost like something out of a tech thriller: artificial intelligence investigating humans inside the very company that created it. According to reports, whenever a news
Business
Paramount Skydance is fighting for its future, and it appears to be doing so with a growing sense of urgency. As Netflix pushes forward with its aggressive expansion strategy and its proposed blockbuster tie-up with Warner Bros. Discovery continues to dominate headlines, Paramount Skydance has reportedly been working the phones
Business
Bill Ackman is making headlines again, and this time, his money is going straight into Mark Zuckerberg’s camp. The billionaire hedge fund manager has reportedly invested $2 billion in Meta, the parent company of Facebook, Instagram and WhatsApp. It’s a bold move, even by Ackman’s standards. And
Business
A massive data breach at Conduent, a major government services contractor, has exposed the personal information of nearly 25 million Americans including roughly half the population of Texas, raising fresh concerns about how sensitive data is handled by companies that work closely with state and federal agencies. The breach, which
Business
Kroger is getting ready for a big leadership change, and it’s one that could shape the future of grocery shopping for millions of Americans. According to reports, the grocery giant plans to name Greg Foran, a former Walmart executive and current airline CEO, as its next chief executive. If
Business
The Washington Post is heading into yet another moment of change after CEO Will Lewis announced he is stepping down. His exit doesn’t come with dramatic accusations or a sudden scandal, but it lands at a time when the paper and the entire news industry are under serious strain.
Business
Netflix is facing one of the most serious challenges in its history, and it’s not coming from a rival streaming service. The U.S. Department of Justice has quietly launched a sweeping review of Netflix’s business, probing whether the streaming giant has become an anticompetitive monopoly just as
Business
Nike, one of the world’s most recognisable sportswear brands, is now facing a federal investigation that could have wide-reaching implications for corporate diversity policies across the United States. The US Equal Employment Opportunity Commission (EEOC) has launched a formal probe into allegations that Nike discriminated against white employees in
Business
Alphabet, Google’s parent company, just made it clear it’s not tiptoeing into artificial intelligence it’s sprinting. The tech giant says it plans to spend as much as $185 billion this year, nearly double what analysts had expected, as it goes all-in on AI. The announcement landed with
Business
Elon Musk has taken another bold step toward reshaping the future of technology. In a move that stunned both Silicon Valley and Wall Street, his rocket company SpaceX, has acquired his artificial intelligence startup xAI, merging two of his most ambitious ventures into a single powerhouse. The deal creates a
Business
Bob Iger, the man who reshaped Disney into a global entertainment powerhouse, is preparing to step down as chief executive before his contract ends later this year, according to reports. While nothing has been formally announced, people close to the matter say Iger has already begun signaling to allies that