Samsung is reportedly stuck trying to price the upcoming Galaxy S26 series. Passing on higher manufacturing costs could hurt sales, while absorbing them would crush profits. The company is already selling its new Galaxy Z TriFold at a loss.
The Trump administration has halted five major offshore wind projects along the East Coast, citing unspecified national security concerns. Dominion Energy has filed a lawsuit, calling the move “arbitrary and capricious” and warning it threatens power for new data centers.
Elon Musk’s legacy is spawning a new generation of founders. Former SpaceX employees have launched 18+ startups, collectively raising billions from top-tier VCs. This “mafia” is poised to reshape entire industries.
The social media landscape is shifting fast. TikTok is now a major retail force with 200,000 UK businesses, while the US takes a hard line on foreign pressure on platforms. Meanwhile, Jaguar’s combustion engine era officially ends.
Sapporo Holdings is offloading its real estate division to private equity giants KKR and PAG in a deal worth over 400 billion yen. The move comes after a lengthy campaign by activist investors pushing the brewer to shed non-core assets. The new owners aim to boost profits by attracting new tenants.
Marissa Mayer is back with a new AI venture called Dazzle. After shutting down her previous startup, Sunshine, she’s raised an $8 million seed round at a $35 million valuation to build what she hopes is a world-changing personal assistant.
Brett Harrison, former president of FTX US, has secured $35 million in funding for his new startup, Architect Financial Technologies. The firm’s exchange, AX, offers perpetual futures on traditional assets like stocks and forex, but not cryptocurrencies.
Eight years after its acquisition, Whole Foods and Amazon still aren’t aligned on Microsoft software, an internal review found. Deloitte recommended a 24-month integration to fix security and productivity gaps.
Larry Ellison is personally guaranteeing his son David’s renewed bid for Warner Bros. Discovery. This comes as their recent acquisition of Paramount and CBS has led to a major scandal over a spiked “60 Minutes” story, raising alarms about media integrity under their ownership.
Instacart has abruptly ended a program that allowed retailers to run AI-driven price tests on its platform. The move comes after a Consumer Reports investigation found price swings of up to 23% for identical items. The company says all customers at the same store will now see the same prices.
