GameStop has made an offer to acquire eBay for $56 billion, which comes as part of GameStop CEO Ryan Cohen’s plan to transform the online marketplace into a “legit competitor to Amazon,” he tells The Wall Street Journal. In an announcement on Monday, eBay says it will “carefully review” the unsolicited proposal, adding that it […]
The ultra-low-cost air carrier Spirit Airlines shut down operations after 34 years in business and canceled all flights at 3AM ET on Saturday morning. Its website now redirects to spiritrestructuring.com, instructing fliers not to go to airports, with air traffic control records capturing controllers and pilots signing off to each other as its last flights […]
Rivian reported its first quarter earnings of 2026, providing us a closer look at the company’s financial health as it kicks off production for the crucial R2 electric vehicle. We’ve already got Rivian’s production and delivery statement from the first three months of the year. The company sold 10,365 vehicles in Q1, representing 20 percent […]
Meta is planning to pump billions more into AI investments this year, despite noting that millions of users have seemingly started to abandon its platforms. In an earning call on Wednesday, Meta reported that figures for “Family daily active people” – the term Meta has coined for all collective users of Facebook, Instagram, WhatsApp, or […]
Google Search queries hit an “all time high” in the first quarter of 2026, according to a statement from CEO Sundar Pichai published as part of Alphabet’s earnings on Wednesday. “Our AI investments and full stack approach are lighting up every part of the business,” Pichai says. “Search had a strong quarter with AI experiences […]
If you want to know whether the AI bubble is bursting, there’s only one publicly traded company that will tell you: Oracle. That’s right, the database company. Oracle has burned its boats and pivoted to AI, but not in any kind of usual way. It is not a foundation model builder like OpenAI or Anthropic, […]
The bright yellow livery of Spirit Airlines may soon disappear from the skies. The country’s seventh-largest airline has been in financial trouble for years: It hasn’t turned a profit since 2019 and filed for bankruptcy twice in the last two years. Despite all that, its leaders predicted that the airline could exit bankruptcy and return […]
Earlier this month, millions of OpenClaw users woke up to a sweeping mandate: The viral AI agent tool, which this year took the worldwide tech industry by storm, had been severely restricted by Anthropic. Anthropic, like other leading AI labs, was under immense pressure to lessen the strain on its systems and start turning a […]
With an IPO looming for Elon Musk’s SpaceX / xAI / X combo platter of companies, SpaceX has announced an odd arrangement to either acquire the automated programming platform Cursor for $60 billion or pay a fee of $10 billion. Buying this startup that’s focused on AI coding could help xAI’s tools compete with market […]
The great SpaceX IPO is looming, allowing outside investors – including regular Joe Schmoes, or retail investors – to buy a stake in one of the buzziest and most controversial companies on the planet for the first time. Depending on who you ask, it’s either the best investment opportunity you’ll see this decade or a […]