Latest in Managed Companies
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AI play Pure Storage soars 24% after touting it won a contract with an unnamed big tech company
Pure Storage shares rallied 24% after announcing a contract with a top tier hyperscaler.CNBC - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
OpenAI partners with defense company Anduril
OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."CNBC - Dec. 4 -
Fantasy Football RB Report: Can managers trust anyone in the Chiefs or Chargers backfield?
Fantasy football analyst Pranav Rajaram breaks down the latest RB trends — including the evolving situation with Isiah Pacheco's return in Kansas City.Yahoo Sports - Dec. 4 -
Dead & Company announce new Sphere residency in Las Vegas
The jam band will return to the state-of-the-art dome-shaped venue in March 2025.Los Angeles Times - Dec. 4 -
Volkswagen Says Urgent Measures Needed to Save Company
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...The Wall Street Journal - Dec. 4 -
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Lobbying World: YouTube taps new federal affairs manager
Andrew Meyer has joined YouTube as manager of federal affairs. He was most recently legislative director for Rep. Greg Pence (R-Ind.). Will Lemke is joining Monument Advocacy as vice president of ...The Hill - Dec. 4 -
Does Shohei Ohtani still owe his manager Dave Roberts a new Porsche?
Los Angeles Dodgers manager Dave Roberts joked that Shohei Ohtani may still owe him a new Porsche, which the Japanese superstar seemed to hint at early in 2024 seasonABC News - Dec. 4 -
Donald Trump Jr. joins e-commerce company, sending its shares up 270%
PublicSquare, which describes itself as catering to "patriotic Americans," is adding the son of President-elect Donald Trump Jr. to its board.CBS News - Dec. 3 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
FTC takes action against location data companies accused of unlawfully using consumer info
The Federal Trade Commission announced that it is taking action against two location data companies after it said that they unlawfully tracked and sold private consumer information.NBC News - Dec. 3 -
German company caught smuggling chemical plant to Iran
Aiotec GmbH agrees $14.5mn settlement with US after disguising shipment of dismantled polypropylene facilityFinancial Times - Dec. 3 -
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chipsABC News - Dec. 3 -
How has the French far right managed to cancel a Black anti-racism scholar for ‘racism’? | Rokhaya Diallo
An event at the European parliament featuring the French academic Maboula Soumahoro was axed after French MEPs objected. Maboula Soumahoro is a renowned French scholar and public intellectual. The ...The Guardian - Dec. 3 -
New Video Claims NZXT PC Rental Program Is "A Scam," Company Says It's Looking Into It
A new report alleges that PC hardware company NZXT's PC rental program is "shady and manipulative." The video from Gamers Nexus (via The Verge ) accuses NZXT of changing prices and parts between ...GameSpot - Dec. 2 -
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Ryan Poles to remain Bears general manager and lead search for new head coach
Chicago Bears president Kevin Warren said Ryan Poles will remain the general manager and serves as the point person in the search for a head coach to replace the fired Matt EberflusABC News - Dec. 2 -
The AI Version of Panasonic’s Founder Revives His Management Expertise for a New Audience
The chatty digital replica of Kōnosuke Matsushita, who started the electronics giant in 1918, offers an online path to lessons from the man once called the ‘god of management.’Inc. - Dec. 2 -
Is OpenAI Getting Into the Advertising Business? The Company Is Sending Mixed Messages
The AI giant’s CFO says it’s looking into ads, but adds that it has no active plans as yet.Inc. - Dec. 2