latest news in companies

Reddit Shares Slide as Analysts Warn of Slower Growth in 2026

Reddit Shares Slide as Analysts Warn of Slower Growth in 2026

San Francisco, Tuesday, 27 January 2026.
Shares fell 9% today after reports highlighted that only 59% of advertisers are beating ROI targets—down from 76%—signaling potential revenue headwinds from large U.S. agencies.

GM Projects Strong 2026 Profits and Buybacks Following Costly Electric Vehicle Pivot

GM Projects Strong 2026 Profits and Buybacks Following Costly Electric Vehicle Pivot

Detroit, Tuesday, 27 January 2026.
General Motors overcame a $3.3 billion quarterly loss driven by electric vehicle write-offs to authorize a new $6 billion share buyback, signaling strong confidence in its 2026 profitability.

MicroVision Secures Luminar Assets in Strategic $33 Million Deal

MicroVision Secures Luminar Assets in Strategic $33 Million Deal

Redmond, Tuesday, 27 January 2026.
MicroVision prevails in a bankruptcy auction to acquire Luminar’s LiDAR business for $33 million, outbidding competitors to consolidate the market and expand its autonomous technology portfolio.

Vodafone Business Secures Major Four-Year Deal to Modernize Centrica’s UK Operations

Vodafone Business Secures Major Four-Year Deal to Modernize Centrica’s UK Operations

London, Tuesday, 27 January 2026.
Leveraging Generative AI and advanced automation, this four-year strategic alliance with CGI will overhaul Centrica’s digital infrastructure across 80 UK sites. The deal aims to streamline operations for 30,000 devices while introducing combined energy and connectivity packages for British Gas and Hive customers.

Dave Watrous Takes Helm at AM Technical Solutions to Drive Global Expansion

Dave Watrous Takes Helm at AM Technical Solutions to Drive Global Expansion

Austin, Tuesday, 27 January 2026.
After overseeing $30 billion in capital projects under Kelly McAndrew, AM Technical Solutions appoints Dave Watrous as CEO to spearhead the firm’s next phase of global operational growth.

Apple TV+ Bolsters Star-Studded Cast with Richard Gere for 'The Off Weeks'

Apple TV+ Bolsters Star-Studded Cast with Richard Gere for 'The Off Weeks'

Cupertino, Tuesday, 27 January 2026.
Apple secures Richard Gere to star alongside Jessica Chastain and Ben Stiller in “The Off Weeks,” reinforcing its strategy of leveraging top-tier talent to dominate the streaming landscape.

Geely Begins Road Testing Solid-State Batteries with 650-Mile Range Potential

Geely Begins Road Testing Solid-State Batteries with 650-Mile Range Potential

Hangzhou, Tuesday, 27 January 2026.
Geely advances next-generation solid-state battery technology to road testing this year, promising a breakthrough 650-mile range that significantly outperforms current lithium-ion standards and addresses range anxiety.

Zijin Mining Acquires Allied Gold for $4 Billion Amid Record Bullion Rally

Zijin Mining Acquires Allied Gold for $4 Billion Amid Record Bullion Rally

Toronto, Monday, 26 January 2026.
With gold surpassing US$5,000 per ounce, Zijin Mining secures Allied Gold’s African portfolio in a C$5.5 billion all-cash deal, capitalizing on thawing Canada-China trade relations.

Structural Pier Damage Disrupts Royal Caribbean and Norwegian Itineraries in Mexico

Structural Pier Damage Disrupts Royal Caribbean and Norwegian Itineraries in Mexico

Mahahual, Monday, 26 January 2026.
Structural damage to Costa Maya’s pier forced Royal Caribbean’s Grandeur of the Seas to abandon its January 22 docking, highlighting critical infrastructure vulnerabilities in key Caribbean transit hubs.

SpaceX Takes Over Critical GPS Mission from United Launch Alliance

SpaceX Takes Over Critical GPS Mission from United Launch Alliance

Cape Canaveral, Monday, 26 January 2026.
SpaceX prepares to launch the Space Force’s GPS III-9 satellite. Underscoring market shifts, this payload was reassigned from a United Launch Alliance Vulcan rocket due to scheduling delays.