D.R. Horton Adopts Prophetic’s AI Zoning Platform to Accelerate Homebuilding Amid National Housing Shortage
D.R. Horton, the largest homebuilder in the United States, is partnering with Portland-based startup Prophetic to speed up land identification and development through an AI-driven zoning analysis tool. The company…
Despite High-Profile Exits, Only 28 Companies Have Left Delaware This Year
The number of companies choosing to leave Delaware remains small, despite public pressure from Elon Musk and recent high-profile departures. Coinbase became the latest to move its state of incorporation,…
Starbucks Faces New Strike as Labor Dispute Over Pay and Staffing Pressures Turnaround Efforts
Starbucks is confronting another strike from unionized baristas at a moment when the company is attempting to revive sales through faster service, store updates, and a renewed emphasis on its…
Skims Reaches $5 Billion Valuation After Raising $225 Million in New Funding
Skims, the shapewear company co-founded by Kim Kardashian, has secured $225 million in new investment, pushing its valuation to $5 billion. The funding round, which includes backing from a Goldman…
Deepwatch Cuts Dozens of Jobs as Company Shifts Resources Toward AI Automation
Cybersecurity company Deepwatch has laid off dozens of employees as part of a restructuring effort tied to expanding its investment in AI and automation. The company, which develops an AI-powered…
Anthropic Commits $50 Billion to U.S. Data Centers in Partnership With Fluidstack
Anthropic has announced a $50 billion data center buildout across the United States through a new partnership with U.K.-based neocloud provider Fluidstack, marking its largest infrastructure investment to date. The…
Foxconn’s Q3 Profit Rises 17% on Surging AI Server Demand, Beating Expectations
Foxconn, the world’s largest contract electronics manufacturer and a major supplier to Nvidia and Apple, reported a 17% year-on-year rise in third-quarter profit, fueled by robust demand for artificial intelligence…
Guinness Maker Diageo Names Former Tesco Chief Sir Dave Lewis as CEO Amid Declining Sales
Drinks conglomerate Diageo, the maker of Guinness, Johnnie Walker, and Smirnoff, has appointed Sir Dave Lewis, the former chief executive of Tesco, to lead the company as it struggles with…
Grab to Invest Up to $410 Million in Remote Driving Startup Vay
Singapore-based technology conglomerate Grab is set to invest as much as $410 million in Vay, a German startup specializing in remote-controlled car rentals. The deal, announced Monday, begins with an…
Shein Gains Momentum Among Young Shoppers as Primark Faces Pressure to Stay Relevant
As online retailers such as Shein and Vinted continue to capture the attention of younger consumers, Primark is seeing signs of strain on the UK high street. The retailer reported…
Meta’s Ad Revenue Under Scrutiny as Report Links Billions to Scam Promotions
Meta is reportedly earning billions of dollars each year from advertisements promoting scams and illegal products across Facebook, Instagram, and WhatsApp, according to a Reuters investigation. Internal company estimates cited…
Tesla Shareholders Approve Elon Musk’s $1 Trillion Pay Package, Restoring His Path to Greater Control
Tesla shareholders have voted to approve CEO Elon Musk’s compensation package, a deal that could be worth up to $1 trillion in company stock if all performance milestones are met.…
DoorDash Stock Falls 9% After Missing Earnings and Announcing Major Spending Plans
DoorDash shares fell 9% on Thursday after the company reported third-quarter earnings that missed analyst expectations and said it plans to spend “several hundred million dollars” on new projects and…
Microsoft Introduces New Employee Channel to Report Ethical Concerns After Middle East Backlash
Microsoft is giving its more than 200,000 employees a formal way to raise ethical or human rights concerns about how the company’s technology is used, following weeks of internal unrest…
Epic Games CEO Hails Google Antitrust Settlement as Milestone for Android Openness
Epic Games CEO Tim Sweeney praised Google’s proposed settlement in the companies’ ongoing antitrust dispute, calling it a “comprehensive solution” that strengthens Android’s vision as an open platform. The deal,…
Amazon Sends Cease-and-Desist Letter to Perplexity Over AI Shopping Agent
Amazon has issued a legal threat to Perplexity, demanding that the AI search startup remove its agentic browser, Comet, from operating on Amazon’s online store. The dispute centers on Perplexity’s…
Trump Re-Nominates Jared Isaacman to Lead NASA After Earlier Withdrawal
President Donald Trump announced on Tuesday that he is re-nominating Jared Isaacman, founder of Shift4 and a private astronaut, to head NASA, months after previously withdrawing the nomination. The decision,…
Goldman Sachs Leads $100 Million Funding Round for MoEngage to Drive Global AI Expansion
MoEngage, a customer engagement platform serving consumer brands in 75 countries, has raised $100 million in Series F funding, led by Goldman Sachs Alternatives and joined by new investor A91…
Microsoft Signs $9.7 Billion Deal With Australia’s IREN for AI Cloud Expansion
Microsoft has signed a $9.7 billion, five-year agreement with Australia’s IREN to secure additional AI cloud computing capacity, continuing its global push to expand infrastructure supporting artificial intelligence services. The…