OpenAI, the creator of ChatGPT and a prominent player in artificial intelligence, recently announced its plans to transform its corporate structure by establishing a public benefit corporation (PBC). This strategic pivot aims to facilitate access to significant investment capital required for...

The conflict between TikTok and the U.S. government has reignited as President-elect Donald Trump takes a surprising stance, urging the Supreme Court to delay enforcing a law that mandates ByteDance, TikTok's Chinese parent company, to sell the app to an American entity or face a nationwide ban....

As 2025 approaches, Google is strategically positioning itself to navigate the rapidly evolving landscape of artificial intelligence (AI) while addressing mounting regulatory scrutiny. At a recent strategy meeting on December 18, 2024, CEO Sundar Pichai emphasized the critical importance of the...

In a significant development within the tech industry, Apple has requested to participate in the upcoming U.S. antitrust trial against Google, aiming to protect its substantial revenue-sharing agreements with the search giant. This move underscores the intricate dependencies and competitive...

Brazilian authorities have suspended the construction of a new electric vehicle (EV) factory by Chinese automaker BYD in the northeastern state of Bahia after uncovering labor conditions described as akin to slavery. The incident underscores ongoing challenges faced by multinational companies...

The proposed $15 billion acquisition of U.S. Steel by Japan's Nippon Steel has become a critical point of contention, with U.S. President Joe Biden now tasked with making a final decision. The deal, which has faced opposition due to its potential implications for national security and economic...

Xerox, the iconic office equipment manufacturer, announced on Monday that it will acquire Lexmark International, a printer and printing software company, in a $1.5 billion deal. This acquisition, which brings Lexmark back into U.S. ownership, is a significant step for Xerox as it seeks to bolster...

In a move that could reshape the global automotive landscape, Honda and Nissan announced on Monday that they are in talks to merge by 2026, marking a pivotal moment for Japan's auto industry. The proposed merger, which would create the world's third-largest auto group after Toyota and Volkswagen,...

The ongoing battle over Nippon Steel’s $14.9 billion bid for U.S. Steel has drawn attention to the intersection of national security, political influence, and economic competition in the global steel industry. As the Committee on Foreign Investment in the United States (CFIUS) prepares to decide...

Volkswagen (VW), Europe’s largest car manufacturer, is grappling with significant operational and financial challenges as it confronts intense competition, market stagnation, and the slow adoption of electric vehicles (EVs). In a bid to stabilize its future, VW recently announced substantial...

FedEx has announced a major restructuring decision by spinning off its freight trucking division, FedEx Freight, into a separate publicly traded company. This decision marks a pivotal shift in FedEx's operations as it seeks to streamline its business model and concentrate on its core parcel...