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Pepsi launches 5 limited-edition soda flavors
TheStreet82d agoneutral
Pepsi launches 5 limited-edition soda flavors

While Coca-Cola and PepsiCo remain the titans of the beverage industry, they now face significantly increased competion for consumers. Energy drinks and functional beverages now fight for shelf space alongside traditional sodas. In addition, Keurig Dr. Pepper's Dr. Pepper has become the second-best ...

Microsoft Stock Moves Higher After Ackman Announces New Stake
The Wall Street Journal82d agoneutral
Microsoft Stock Moves Higher After Ackman Announces New Stake

Shares of Microsoft rose more than 3% Friday, bucking the trend on a down day for tech stocks. The move followed the announcement from investor Bill Ackman that his Pershing Square has taken a new stake in the software giant in a bet Microsoft's investments in AI aren't reflected in its stock price. Microsoft shares are down 12% this year and have lost about a quarter of their value since they peaked last fall.

US wireless carriers to launch joint venture to address rural 'dead zones'
Reuters84d agoneutral
US wireless carriers to launch joint venture to address rural 'dead zones'

Verizon, AT&T ‌and T-Mobile said ‌on Thursday that they ​agreed in principle to form a new joint venture ‌that ⁠seeks to address long-time coverage gaps ⁠especially in rural areas by ​using ​satellite-based ​technologies. The largest ‌U.S. wireless companies said the plan seeks to end nearly all dead zones ‌without mobile ​service. The ​plan also aims ‌to ensure redundant ​connectivity ​during natural disasters and improved ​network ‌performance.

OpenAI unveils PE-backed joint venture to accelerate AI adoption
Pitchbook86d agoneutral
OpenAI unveils PE-backed joint venture to accelerate AI adoption

OpenAI has formally unveiled OpenAI Deployment Company, a new venture aimed at accelerating corporate AI adoption. The initiative is backed by a mix of asset managers, private equity managers and consultancy firms and comes at a time when pressure from AI disruption is calling for a fundamental rethink of the industry’s traditional playbook. The new JV launches with more than $4 billion in initial capital backed by a consortium of investment and consulting firms, led by TPG. Advent International

KFC launches wallet-friendly family dinner menu
TheStreet89d agoneutral
KFC launches wallet-friendly family dinner menu

Diners have always turned to fast-food chains for wallet-friendly options, but as the affordability crisis continues, value menus have become increasingly important to consumers. Value menus are the top factor diners look for when deciding where to eat, a recent YouGov report found. Some 66% of ...

Sony, TSMC plan new Japan joint venture for next-generation image sensors
Reuters90d agoneutral
Sony, TSMC plan new Japan joint venture for next-generation image sensors

Taiwan Semiconductor Manufacturing Co and Sony Semiconductor Solutions said on Friday ‌they plan to form a new joint venture ‌in Japan to develop and manufacture next-generation image sensors. The venture will combine ​Sony’s sensor design expertise with TSMC’s manufacturing and process technology strengths, deepening a long-standing partnership of the two companies. It will be majority-owned by Sony, and will set up development and ‌production lines in ⁠the Japanese company's new fabrication plant in Koshi City in the Kumamoto region.

Target executive unveils bold new plan to win back customers
TheStreet90d agoneutral
Target executive unveils bold new plan to win back customers

Target keeps making moves to win back shoppers, and the latest one is especially bold and trend-following, as the retailer expands its social commerce presence. To regain customers’ trust, Target is giving shoppers more power. While the last few years have been challenging for many retailers, ...

Krispy Kreme announces new limited-time offer at a pivotal time
TheStreet90d agoneutral
Krispy Kreme announces new limited-time offer at a pivotal time

Krispy Kreme announced earnings on Thursday, May 7, coinciding with the launch of its newest limited-time offering. It's a pivotal time for the doughnut brand, which saw its stock price free-fall in early 2025 after poor earnings and shifting customer trends. Krispy Kreme operated 235 of its ...

Bloomberg91d agoneutral
Google Launches $100 Fitbit Air Without a Screen to Rival Whoop

(Bloomberg) -- Alphabet Inc.’s Google on Thursday launched the Fitbit Air, a $100 screenless fitness band aimed squarely at taking on Whoop Inc. and other makers of health and fitness wearables that forgo displays. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSony

Anthropic unveils 'dreaming' feature to help its AI agents self-improve
Reuters92d agoneutral
Anthropic unveils 'dreaming' feature to help its AI agents self-improve

SAN FRANCISCO, May 6 () - Artificial intelligence lab Anthropic on Wednesday touted a new ‌feature for its Claude AI, which it ‌calls "dreaming." Available as a research preview, "dreaming" comes with its software for ​managing agents, or AI programs that perform tasks with little human involvement.

Corning Stock Spikes on Fiber Partnership With Nvidia
Barrons.com92d agobullish
Corning Stock Spikes on Fiber Partnership With Nvidia

FEATURE Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Shares of Corning, the glassmaker, jumped 15% in premarket trading.

Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms
Reuters92d agobullish
Exclusive-Rivian mulls making its own lidar sensors, possibly in partnership with Chinese firms

Rivian Automotive is considering making its own lidar sensors and could do so in partnership with a Chinese firm, CEO ‌RJ Scaringe said in an interview with Reuters on Tuesday. Rivian said that a version of its R2 vehicles coming later this year would include lidar sensors, which help self-driving vehicles gain a three-dimensional view of the road. Rivian did not disclose who would supply it with lidar sensors, which on demonstration vehicles were much smaller than the large, spinning units found on the streets of San Francisco and other cities in ‌robotaxis designed by Alphabet's Waymo.