Electronic Arts is one step closer to going private. Shareholders have officially approved a $55 billion acquisition offer from a consortium of investors, setting the stage for regulatory review.
Kanto-PPC’s U.S. arm is building a major chemical manufacturing campus in Casa Grande, Arizona. The facility is a direct play to supply the massive new fabs being built by TSMC, Intel, and Micron with high-purity materials.
Total Wireless is launching a new program that offers free phones and built-in financing, a move that directly mimics postpaid carrier plans. The key difference is that the monthly payments are integrated directly into your existing prepaid bill.
A new law restructuring graduate student loans is about to create a two-tiered education system. By capping federal aid and eliminating Grad PLUS loans, it forces many into the predatory private market, with devastating consequences for key professions.
A late-stage trial for gene therapy AMT-130 showed it slowed Huntington’s disease progression by about 75%. But delivering it requires major brain surgery, and the FDA now has questions about the study’s design, clouding its approval path.
Bank of America CEO Brian Moynihan states that artificial intelligence investments are beginning to have a tangible, positive impact on the U.S. economy. He forecasts strong growth and sees limited systemic risk from a potential AI sector pullback.
In a major blow to renewable energy, the Trump administration has suspended leases for five large-scale offshore wind projects. The move, citing national security, halts construction immediately with no specified end date.
Instacart is shutting down a program that showed customers different prices for the exact same item. The move comes after a critical report and a recent $60 million settlement with the FTC over deceptive practices.
iRobot, the maker of Roomba, has filed for Chapter 11 bankruptcy. The company is being taken over by its China-based manufacturer, Picea. But CEO Gary Cohen insists warranties will be honored and apps will keep working.
The AI hype in Silicon Valley is hitting a wall with actual customers. According to two CEOs, businesses want practical tools, not buzzwords, and they’re still keeping a human in the loop.
