Nike has sold its digital collectibles subsidiary RTFKT, marking a full retreat from its blockchain ambitions. Separately, President Trump directed Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds to lower housing costs ahead of the midterms.
Jensen Huang’s comments about energy-efficient AI chips have sent shares of Johnson Controls and Modine Manufacturing tumbling. The market is quickly re-pricing bets tied to AI’s massive power demands.
In a Fortune op-ed, the CEO of SolarWinds details the intense, seven-month negotiation to take the company private in a $4.4 billion deal. He shares the leadership principles—credibility, balance, stamina, and persistence—that he says made the transaction a success.
In a major consolidation move, cybersecurity firm ThreatModeler has acquired its largest competitor, IriusRisk, for over $100 million. The combined company boasts around $50 million in annual recurring revenue and serves roughly 300 customers, primarily large enterprises. The deal unites two leaders
A new Life is Strange game, ‘Life is Strange: Reunion,’ was briefly rated by European board PEGI before being taken down. The listing suggests a dramatic new story featuring Max Caulfield and Chloe Price. This comes just months after the release of the last game, Double Exposure.
Zhipu AI has become the first major Chinese generative AI startup to go public, raising $558 million in a Hong Kong IPO. The stock saw massive retail demand and a big pre-debut pop, testing investor faith in China’s ability to challenge U.S. AI leaders.
Amazon is formalizing its performance review process around a simple, pointed question for corporate staff: what did you accomplish? This marks a significant cultural shift under CEO Andy Jassy, moving from vague self-reflection to demanding concrete results.
A new OpenAI report reveals a surge in Americans using ChatGPT for medical and insurance advice, just as enhanced ACA subsidies expire. The AI is tracking up to 2 million health-related queries weekly. But relying on it for diagnoses is dangerously unreliable.
According to a new report, Revolut is in talks to acquire the Turkish fintech bank FUPS. This move aligns with the company’s aggressive strategy to expand its global banking footprint.
According to Polygon, Nintendo’s 2026 is shaping up to mirror the Switch’s second year in 2018, but with bigger potential. The year could see major releases like Fire Emblem: Fortune’s Weave, a new Pokémon RPG, and a new Mario game to build crucial momentum for the Switch 2.
