General Motors is pushing for real scale in domestic supply chains, moving beyond announcements to actual production. The company has invested over $60 billion since 2020 and employs nearly 90,000 U.S. workers. But scaling faces major hurdles in financing, permitting, and workforce development.
Timothy Walsh began his KPMG career feeding paper into a copy machine. Now as CEO, he’s overseeing a massive office transformation designed to make the firm irresistible to young talent in a hybrid work era.
An MIT report found just 20% of organizations have even piloted AI, and only 5% have fully deployed solutions. But companies like Impel, Forethought, and Grammarly are proving there’s a better way to adopt AI that actually works for businesses.
Nintendo’s Switch 2 has officially sold over 10 million units in its first four months on the market. The console reached 10.36 million sales as of September 30th, nearly matching the Wii U’s entire lifetime performance.
Google and Epic Games have settled their long-running antitrust lawsuit, proposing major changes to Android and Google Play. The agreement would allow third-party app stores and payment systems while capping Google’s fees at 9-20%. Judge James Donato will review the proposal this week.
SMS fraud losses are projected to drop from $80 billion in 2025 to $71 billion in 2026. Improved operator security and declining message volumes are making life harder for scammers. But new threats like RCS messaging and sophisticated Chinese smishing groups remain concerning.
Tesla’s annual meeting will decide whether to approve Elon Musk’s potentially $1 trillion compensation plan and an investment in his AI startup xAI. The vote comes amid concerns about Musk’s divided attention and Tesla’s corporate governance. Shareholders face high-stakes decisions that could shape
Businesses are rapidly shifting toward keeping payments within their own ecosystems rather than sending money to external bank accounts. This represents a fundamental power shift where platforms aim to own both the payment and the customer relationship.
SoftBank Group shares plummeted 10% on Wednesday, wiping $13.1 billion from Masayoshi Son’s net worth. The drop reflects growing investor skepticism about AI companies meeting sky-high growth expectations after disappointing results from key players.
The UK retailer confirmed the massive financial impact of an April cyber attack that prevented online clothing and furniture sales for nearly two months. M&S believes Russian criminal group Dragon Force was behind the breach that also led to customer data theft.
