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Nvidia CEO Jensen Huang to Attend APEC Summit in South Korea
Nvidia CEO Jensen Huang plans to meet “global leaders and top Korean executives” when he attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in South Korea this month.

By The Financial District
Oct 21, 20251 min read


Microsoft Pushes AI Updates in Windows 11
Microsoft is encouraging users to “talk to their laptops” as it rolls out new artificial intelligence (AI) updates for Windows 11 while urging customers to move away from Windows 10.

By The Financial District
Oct 20, 20251 min read


Massaging Trump’s Ego, Promising Investments Led to Deal with AstraZeneca
AstraZeneca CEO Pascal Soriot looked relaxed standing in the Oval Office as U.S. President Donald Trump unveiled a medicine deal aimed at lowering drug prices for millions of Americans.

By The Financial District
Oct 20, 20252 min read


OpenSea Resurrects Itself as One-Stop Shop for Crypto Trading
Few firms have felt the collapse of the NFT market more than the once-dominant OpenSea, which was forced to lay off more than half of its staff in early November 2023.

By The Financial District
Oct 20, 20251 min read


Automation Causes Nestlé to Slash 16,000 Jobs
Nestlé will cut around 16,000 jobs worldwide over the next two years as it seeks to reduce costs through automation.

By The Financial District
Oct 18, 20251 min read


Walmart Allows Purchases via ChatGPT
You’ll soon be able to purchase items from Walmart directly through ChatGPT — the latest push to incorporate shopping into OpenAI’s chatbot.

By The Financial District
Oct 18, 20251 min read


Warner Bros Rebuffs Paramount Takeover Approach: Reuters
Warner Bros. Discovery has rebuffed Paramount Skydance’s initial takeover approach as too low.

By The Financial District
Oct 18, 20251 min read


Albertsons Shares Soar
After a rough patch, shares of Albertsons soared 14% at one point this week as the grocer raised its sales and profit outlooks in its second-quarter earnings.

By The Financial District
Oct 18, 20251 min read


Another Airline Files for Bankruptcy, Cancels All Flights
While the start of 2025 brought optimism over strong travel demand, the projections have not held true for every airline.

By The Financial District
Oct 18, 20252 min read


Kaiser Health Care Workers Launch Historic Five-Day, Multi-State Strike
Unionized health care workers have begun a historic five-day, multi-state strike outside Kaiser Permanente hospitals, demanding safer staffing levels as well as better pay and benefits.

By The Financial District
Oct 17, 20251 min read


Bankrupt Spirit Airlines Cancels Purchase of Airbus Jets
A sizeable order for Airbus aircraft, which also included purchase options, has been canceled by Spirit Airlines.

By The Financial District
Oct 17, 20251 min read


Connectivity Meets Clean Energy
When connectivity meets clean energy, the result is progress. That spirit defines the new partnership between AdventEnergy Inc., the retail electricity supply arm of Aboitiz Power Corporation, and DITO Telecommunity.

By The Financial District
Oct 16, 20252 min read


SoftBank Group to Acquire Swiss Firm’s Robotics Division for $5.38 Billion
SoftBank Group Corp. said it will acquire the robotics business of Swiss industrial automation company ABB Ltd. for $5.38 billion by 2026, as part of its push to expand in robotics and artificial intelligence (AI).

By The Financial District
Oct 16, 20251 min read


MVP’s Power Play: Cooperation, Not Competition
The Manuel V. Pangilinan-led Manila Electric Company, or Meralco, is showing that reliable power can be both a business and a nation-building mission.

By Gerry Urbina
Oct 15, 20254 min read


Stellantis’ Q3 Shipments Rise 13%, Led by North America
Stellantis said its global vehicle shipments rose 13% year-over-year in the third quarter, driven by new models and strong North American demand—a sign of recovery after several quarters of declining sales.

By The Financial District
Oct 15, 20251 min read


Microsoft Forecasts Show Data Center Crunch Persisting Into 2026
Microsoft Corp.’s data center crunch will continue for longer than the company previously outlined, underscoring the software giant’s struggles to keep up with cloud demand.

By The Financial District
Oct 14, 20251 min read


Intel Launches Breakthrough 18A PC Chip to Beat Competition
Intel has revealed new details about its upcoming Panther Lake processor, the company’s first PC chip built on its next-generation 18A manufacturing process.

By The Financial District
Oct 14, 20251 min read


Din Tai Fung Is Now the Top-Earning U.S. Restaurant Chain
Twenty-five years ago, a 19-table outpost of a popular Taiwanese restaurant set up shop in a suburban Los Angeles strip mall.

By The Financial District
Oct 14, 20251 min read


Dell Shares Surge 9%
Shares of legacy computer giant Dell have closed at an all-time high, surging 9% after the company nearly doubled its long-term guidance on increased demand for its data center offerings.

By The Financial District
Oct 14, 20251 min read


China Blacklists Firm That Exposed Huawei Chip Secrets
China has added prominent research firm TechInsights to its Unreliable Entity List, shutting out the Canadian teardown specialist that helped expose the inner workings of Huawei Technologies Co.’s AI chips.

By The Financial District
Oct 14, 20251 min read


Nvidia Stock Climbs to Record Amid Reported UAE Chip Export Approval
Nvidia's stock has risen to a record high, up around 1.8%, after Bloomberg reported that the U.S. government has approved the export of several billion dollars’ worth of the tech giant’s chips to the United Arab Emirates (UAE).

By The Financial District
Oct 14, 20251 min read


Hacker Group Claims Asahi Group Ransomware Attack
A hacker group has claimed responsibility for last week’s cyberattack on Japanese beverage giant Asahi Group Holdings Ltd., saying it has stolen employee information and internal documents.

By The Financial District
Oct 14, 20251 min read


Musk's X Settles Ex-Twitter Execs’ $128-M Severance Pay Lawsuit
Elon Musk and X Corp. have reached a settlement in a lawsuit filed by four former top Twitter executives — including former CEO Parag Agrawal — who claimed they were denied $128 million in promised severance pay after Musk acquired the social media company and fired them.

By The Financial District
Oct 13, 20251 min read


CBS Buys The Free Press Website, Names Founder Bari Weiss CBS News Editor-in-Chief
Paramount said that it has bought the commentary website The Free Press and installed its founder, Bari Weiss, as the editor-in-chief of CBS News.

By The Financial District
Oct 13, 20251 min read
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