OpenAI goes for-profit, Nvidia takes Nokia stake, Uber plans robotaxi fleet. Plus: Adobe, Apple, Microsoft, Myanmar, PayPal, Skyworks, Western Union.
As OpenAI restructures, Microsoft locks in long-term gains
October 28, 2025
OpenAI completes for-profit restructuring and grants Microsoft a 27% stake in the company
October 28, 2025
Everyone thinks AI is replacing factory workers, but Amazon’s layoffs show it’s coming for middle management first
OpenAI has become a public benefit corporation, giving Microsoft a 27% stake and long-term access to key research methods
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SoftBank buys ABB Robotics, Verizon takes on Starlink, Discord breach. Plus: AstraZeneca, Google Pixel, Paramount Skydance, Temu.
Amazon 1-hour delivery; Google intelligence. Plus: OpenAI, Apple, Perplexity, Mastercard, Nvidia, Paypal.
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