Author
Archer Aviation Acquires Boeing Companies to Expand Autonomous Aviation
Trending

Archer Aviation Acquires Boeing Units to Expand AI & Defense

Archer Aviation Inc. and Boeing announced the definitive agreement. According to the deal, Archer will acquire three Boeing-owned companies, including Wisk Aero, SkyGrid, and Insitu, to become much bigger in AI, autonomous aircraft, drones and defense technology.

Read More...
Shailesh Jejurikar Appointed to Lead the P&G Board as Chairman
Trending

P&G Names Shailesh Jejurikar as Chairman of the Board

The Procter & Gamble Company announced the appointment of Shailesh Jejurikar as its new chairman of the board of directors, effective August 1, 2026. He will take on his new position in addition to his previous role as President and Chief Executive Officer (CEO).

Read More...
Uber Expands its Footprint with $14.8 Billion Acquisition
Trending

Uber to Take Control of Tabalat in $14.8 Billion Deal

In order to expand its footprint in new territories, Uber has made a bid to buy Delivery Hero, the German food delivery company that owns most of Talabat, the food delivery app listed in Dubai. The offer values Delivery Hero at about $14.8 billion, and if it goes through, it would make Uber the biggest food delivery player outside China, a monicker it has been longing for quite some time now.

Read More...
White House to Push New Pledge Keeping AI Data Center Costs Off Household Electricity Bills
Trending

White House to Launch New AI Data Center Power Pledge

The White House is set to bring together utility and data center developers to make a voluntary pledge. The idea behind the move is to ensure that rapid growth in electricity demand doesn’t drive up the power bills for households and businesses. The initiative is set to be announced in the upcoming weeks, with several companies expected to participate and to pledge to protect existing ratepayers from bearing the costs of AI expansion.

Read More...
WizCommerce Raises $8.3 million from Blume Ventures
Trending

WizCommerce Secures $8.3 Million in Fresh Funding Round

WizCommerce, an AI-native sales and e-commerce platform for wholesale distributors, has raised $8.3 million in a convertible round from existing investors, led by Blume Ventures with roughly $3 million in investment, while the rest came from Alpha Wave, Peak XV Partners, Z47, and 100X.VC. 

Read More...
Four States Seek $1.4 Trillion Penalty for Meta in Social Media Youth Safety
Trending

Four States Seek $1.4 Trillion in Penalties, Meta Says

The United States government is planning to invest $250 million in the I-Pulse Inc. startup to develop semiconductor chips and special electricity technology.
I-Pulse Inc. was co-founded by Robert Friedland, a billionaire well-known in the mining (metal extraction) business, and the company has laboratories in New Mexico.

Read More...