latest news in companies

NFL Owners Approve Record $9.6 Billion Sale of Seattle Seahawks

NFL Owners Approve Record $9.6 Billion Sale of Seattle Seahawks

Seattle, Wednesday, 26 August 2026.
NFL owners unanimously approved the $9.6 billion sale of the Seattle Seahawks to venture capitalist Vinod Khosla’s family, marking the highest purchase price for a franchise in league history.

Microsoft Launches Disc Conversion to Accelerate All-Digital Gaming Strategy

Microsoft Launches Disc Conversion to Accelerate All-Digital Gaming Strategy

Redmond, Wednesday, 26 August 2026.
Microsoft has introduced an Xbox initiative allowing gamers to convert physical discs into digital licenses starting August 31, 2026. Using unique laser-written identifiers, this move streamlines storefront sales, slashes retail supply chain costs, and signals a broader shift toward digital-only console hardware.

Breakthrough Carbon Film Could Extend Moore's Law

Breakthrough Carbon Film Could Extend Moore's Law

New York, Wednesday, 26 August 2026.
Researchers have developed an ultra-thin 0.8-nanometer carbon film that dramatically improves insulation, offering a solution to physical limits and enabling faster, more energy-efficient computer chips.

Esports Organization M80 Expands into Call of Duty League with Boston Team Purchase

Esports Organization M80 Expands into Call of Duty League with Boston Team Purchase

Boston, Wednesday, 26 August 2026.
M80 acquired the Boston Breach, rebranding as M80 Boston, capitalizing on the Call of Duty League’s record-breaking 2026 viewership gains ahead of a major autumn game release.

Electric Bike Platform Opens Public Investment Round to Scale Operations

Electric Bike Platform Opens Public Investment Round to Scale Operations

Seattle, Wednesday, 26 August 2026.
Following its February 2026 acquisition of Rad Power Bikes—a brand with $1.2 billion in historical sales—Rad Life Mobility launched a public crowdfunding campaign today to fund platform expansion.

Apple Sets September Product Unveiling for First Foldable Phone Under New Leadership

Apple Sets September Product Unveiling for First Foldable Phone Under New Leadership

Cupertino, Wednesday, 26 August 2026.
Apple will host its annual product event on September 9, introducing its first foldable phone as incoming Chief Executive Officer John Ternus takes leadership of the tech giant.

FDA Approves Breakthrough Drug Doubling Pancreatic Cancer Survival

FDA Approves Breakthrough Drug Doubling Pancreatic Cancer Survival

Washington, Wednesday, 26 August 2026.
The FDA approved daraxonrasib, the first gene-targeting drug for advanced pancreatic cancer. Clinical trials revealed the daily pill doubled patient survival time compared to standard chemotherapy.

Flock Safety CEO Calls for Federal Surveillance Rules Amid Backlash

Flock Safety CEO Calls for Federal Surveillance Rules Amid Backlash

Atlanta, Wednesday, 26 August 2026.
Flock Safety’s CEO is advocating for national regulations on police surveillance technology as the $8.3 billion firm faces mounting public backlash, vandalism, and bipartisan legislative pushback over privacy concerns.

Billionaire Investor Considers Buying Fast-Food Chain After Six Quarters of Falling Sales

Billionaire Investor Considers Buying Fast-Food Chain After Six Quarters of Falling Sales

Dublin, Wednesday, 26 August 2026.
Activist investor Nelson Peltz is exploring taking Wendy’s private following six consecutive quarters of declining U.S. sales, as the chain closed 289 domestic locations during early 2026.

Meta Settles Historic Social Media Addiction Lawsuit for $16.7 Billion

Meta Settles Historic Social Media Addiction Lawsuit for $16.7 Billion

Sacramento, Wednesday, 26 August 2026.
Meta agreed to pay $16.7 billion to resolve state lawsuits claiming its platforms foster teen addiction, committing to mandatory product changes like daily limits within months.