When shareholder activists attack a company, its rivals may feel the heat too and change their ways
Shareholder activists are investors who leverage their ownership in a company to push for change.
Jul 7, 2026
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Samsung expects 1,800% operating profit leap on AI boom
South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.
Jul 7, 2026
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Business
Microsoft cuts 4,800 jobs as it revamps Xbox
Microsoft said Monday it was eliminating about 4,800 jobs—roughly 2% of its global workforce—in a cost-cutting move that will deliver a sweeping restructuring of its struggling Xbox gaming division.
Jul 6, 2026
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Business
Sky strengthens UK streaming offer with ITV deal
Sky television on Monday said it had agreed to buy ITV's media and entertainment business for up to £1.6 billion ($2.1 billion), creating a heavyweight in UK streaming.
Jul 6, 2026
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Business
AI race weakens climate pledges at Google, Amazon
Google and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intelligence infrastructure that is pushing the tech giants further from their carbon-neutrality ...
Jul 3, 2026
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Business
New database for subsurface energy storage could be boon for natural gas industry
Researchers at the University of Texas at Austin have produced a new analysis of underground natural gas storage sites around the country. The analysis can help guide future expansion of natural gas storage capacity, optimize ...
Jul 2, 2026
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Business
EU top court upholds record 4.1 bn euro Google fine
The EU's top court on Thursday upheld a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anticompetitive practices related to its Android operating system.
Jul 2, 2026
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Business
Airlines maintain flight frequencies despite increased competition from high-speed rail
The liberalization of the high-speed rail market in Spain in 2020 led to an increase in passenger numbers compared with its competitor, air travel. Airlines responded to this increased competition by reducing seat capacity ...
Jul 2, 2026
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Business
India asks Meta to hold WhatsApp username rollout over fraud fears
India has asked Meta to hold off launching its username feature on WhatsApp in the world's most populous country, citing concerns over fraud and impersonation, media reports said Thursday.
Jul 2, 2026
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Business
'Job forever': Trade schools are all the rage in the AI era
Long looked down upon, skilled trades are booming in the United States, especially among young adults drawn by strong demand—even as artificial intelligence (AI) eats into service-sector jobs.
Jul 2, 2026
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