The legendary 3M policy that birthed Post-it Notes is being eclipsed. Today’s leading companies are building formal, funded systems to turn employee ideas into real businesses, creating an innovation engine startups can’t easily match.
In a bold proposal, former President Donald Trump is seeking an unprecedented boost in annual military spending to $1.5 trillion. He claims the revenue from his signature tariffs will cover the cost, but the numbers don’t seem to add up.
In a major move, Accenture is acquiring UK-based AI company Faculty, a direct competitor to Palantir. The deal adds 400 employees and positions Accenture to capture more enterprise AI spend, potentially turning a partner into a rival.
Paramount Skydance is using the market’s tepid response to Comcast’s spin-off of Versant Media as fresh ammunition in its hostile takeover campaign for Warner Bros Discovery. The math suggests Warner’s planned spin-off, Discovery Global, could be worth less than $2 a share.
Alphabet’s market value closed at $3.89 trillion on Wednesday, edging past Apple for the first time since 2019. In a separate drama, a potential Netflix-Warner Bros. Discovery deal is reportedly facing a broader-than-expected regulatory review.
Ubisoft has abruptly shut down its Halifax studio, resulting in 71 layoffs. The closure comes just 20 days after the studio’s developers successfully voted to unionize with CWA Canada. Ubisoft claims the decision was made “well before” the union vote.
NASA is finally putting real money behind its next giant space telescope, the Habitable Worlds Observatory. But with a launch target in the 2040s, the agency faces major design decisions and a race against its own history of delays.
For the eighth time, Warner Bros. Discovery has formally rejected a takeover bid from David Ellison’s Paramount Skydance. The board is sticking with its Netflix merger, calling Paramount’s offer risky and undervalued.
A wave of “AI fatigue” is causing a major rotation in the stock market. After a three-year, 78% run led by tech giants, money is now flowing into the other 493 companies in the S&P 500.
Chinese regulators have started a review of Meta’s $2 billion deal to buy AI startup Manus. The focus is on whether technology developed by the Chinese-founded company before it moved to Singapore violates export rules. This could potentially derail one of Mark Zuckerberg’s biggest AI bets.
