Latest in Companies Erasing Open
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Stellantis idles plants in Mexico and Canada due to tariffs
DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company ...NBC News - 17h -
Women Created Half of New Businesses Registered in 2024, a Milestone
Payroll company Gusto’s annual report found women launched 49 percent of all new companies in 2024, with minority entrepreneurship and first-year profitability levels also on the rise.Inc. - 15h -
A European startup scrubs its attempt to launch an orbital rocket on its first test flight
A private European aerospace company has scrubbed the first test flight of its orbital launch vehicleABC News - Mar. 24 -
How A.I. Chatbots Like ChatGPT and DeepSeek Reason
Companies like OpenAI and China’s DeepSeek offer chatbots designed to take their time with an answer. Here’s how they work.The New York Times - Mar. 26 -
How Unity plans to bring AI and other updates into its Unity 6 game engine | Matt Bromberg interview
Unity CEO Matthew Bromberg wants to bring stability and trust back to the company's relations with game developers.VentureBeat - Mar. 27 -
ESPN's L.A.-based 'SportsCenter' is leaving and heading east
ESPN employees will have the option to go to the company's studios in Bristol, Conn., if they want to keep their jobs.Los Angeles Times - Mar. 27 -
The New Space Economy: What Business Leaders Need to Know
The private sector is revolutionizing space exploration. Here’s how forward-thinking companies can capitalize on this cosmic shift.Inc. - 6d -
Elon Musk Has a Chef for His Tesla Diner
Eric Greenspan, a developer of delivery-only restaurants, is reported to be the choice as the company faces political blowback.The New York Times - 6d -
CoreWeave’s Splashy IPO Wobbles, But That’s Not Stopping Its Founders
The company says it still sees tremendous avenues for growth, even if investors don’t quite see that yet.Inc. - 6d -
FCC Orders Investigation Into Disney’s DEI Practices
The chairman, Brendan Carr, sent a letter to the company accusing it of violating equal employment opportunity regulations.The New York Times - 6d -
Trump commutes sentence of Ozy Media founder Carlos Watson just before prison surrender
Ozy had falsely claimed to have deals with Google and Oprah Winfrey before the company and CEO Watson were criminally charged.CNBC - 5d -
Creators of DRAFTED focused on changing narrative for Latina women in sports
DRAFTED, the first culture-driven media company focusing on Latina sports, was officially launched in 2023.CBS News - 4d -
China’s WeRide warns driverless tech profitability ‘difficult to predict’
Nasdaq-listed autonomous vehicle company says government regulation and local partners are key to ending years of lossesFinancial Times - 4d -
CoreWeave tests investor appetite for AI
The company closed flat after a volatile trading debut and concerns over its business modelFinancial Times - 4d -
AI was enemy No 1 during the Hollywood strikes, now it's being used in Oscar-winning films
Tech companies say AI will make productions cheaper and faster - but many in Hollywood think it will replace their jobs.BBC News - 4d -
Europe must act to stop tech start-ups leaving to list in US, Swedish PM warns
Ulf Kristersson calls for EU capital markets union to put halt to exodus of homegrown companiesFinancial Times - 4d -
Wood Group to restate acounts after information withheld from auditors
Engineering company expects to suspend share trading at end of April because of work needed to prepare 2024 accountsFinancial Times - 4d -
Massive warsaw grouper reeled from depths in rare 'Gulf of America' catch
A Florida-based sportfishing company said it dropped a bait "hundreds of feet" into gulf waters to entice the massive grouper to bite.Yahoo Sports - 3d -
British Steel’s auditors warn of ‘material uncertainty’ as it battles to survive
Company had £736mn of debt at end of 2023, much of it from entities controlled by its Chinese parent JingyeFinancial Times - 3d -
As WWE hits London, Triple H insists Netflix doesn't call the shots
The WWE's chief content officer speaks to BBC Newsbeat about the company's partnership with Netflix.BBC News - 3d -
Buses in Wales to be brought under public control
Ministers have promised a "simpler" network replacing a system where bus companies set their own timetables.BBC News - 3d -
NYSE’s Texas platform debuts with Trump’s social media stock
Shares of the president’s company fell on the state’s market amid a broad sell-off fuelled by his trade agendaFinancial Times - 3d -
Aston Martin shares pop as Canadian billionaire Lawrence Stroll invests more cash
Stroll's stake in the company is poised to increase to roughly 33% from about 27.7% as part of the transaction.CNBC - 3d -
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.CNBC - 3d -
OpenAI funding round could be cut by $10B if for-profit conversion doesn't occur by year-end
OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into a for-profit entity by Dec.NBC News - 3d -
Chef Robotics raises $20.6 million to continue building AI robot arms
Chef Robotics has raised $20.6 million in a Series A funding round led by Avataar Ventures, the company told CNBC.CNBC - 3d -
The Power of a Big, Hairy, Audacious Goal: How to Choose Yours
Over the years, I’ve identified five types of goals that successful companies use to set their long-term direction.Inc. - 3d -
Richard Carlson, Journalist Who Led Voice of America, Dies at 84
The father of the conservative commentator Tucker Carlson, he won a Peabody Award for television reporting that uncovered a car company’s fraud.The New York Times - 3d -
Isomorphic Labs, Google’s A.I. Drug Business, Raises Money From Thrive
The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer.The New York Times - 3d -
Primark CEO Resigns After ‘Error of Judgment’
Paul Marchant has left the clothing retailer after “an allegation made by an individual about his behavior,” the company said.The New York Times - 3d -
Trump Family Starts Bitcoin Mining Venture in Further Push Into Crypto
Eric Trump and Donald Trump Jr. are investing in a Bitcoin-mining company called American Bitcoin, created by the merger of two firms.The New York Times - 3d -
The Proud Boys and Militias Come to Tesla’s Defense
After weeks of “Tesla Takedown” protests, extremist groups are showing up to back Elon Musk’s beleaguered car company.Wired - 3d -
Pension Protection Fund vows to invest more in ‘juicy’ UK assets
Britain’s £32bn lifeboat scheme says it will invest in infrastructure and scale-up companies if allowed to growFinancial Times - 3d -
I Struck Out With Tinder and OpenAI’s New Dating Game
The two companies are working together to help you practice ‘cringeworthy moments.’ The result? Lots of rejection.Inc. - 3d -
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.CNBC - 2d -
As Trump’s Tariffs Stoke Economic Uncertainty, the Fed Debates Its Next Steps
The central bank’s outreach to companies has taken on new significance as the outlook for growth and inflation gets cloudier.The New York Times - 2d