latest news in companies

Microsoft Partners with BioCirc to Store Carbon Beneath the North Sea

Microsoft Partners with BioCirc to Store Carbon Beneath the North Sea

Redmond, Wednesday, 20 May 2026.
Under a newly signed seven-year agreement, bioenergy firm BioCirc will capture and permanently store 650,000 metric tons of carbon deep beneath the Danish North Sea for Microsoft.

South Korea's OCI Holdings Targets Texas Grid Volatility with Major Battery Facility

South Korea's OCI Holdings Targets Texas Grid Volatility with Major Battery Facility

San Antonio, Wednesday, 20 May 2026.
OCI Holdings has initiated a 480-megawatt-hour battery facility in Texas. Launching in 2027, this strategic investment stabilizes grid volatility while capturing up to 40% in US tax incentives.

Blacks Network Pursues One Million Dollars to Build a Global Afrocentric Streaming Platform

Blacks Network Pursues One Million Dollars to Build a Global Afrocentric Streaming Platform

Los Angeles, Wednesday, 20 May 2026.
Bypassing traditional venture capital, Blacks Network seeks one million dollars on Wefunder to build a global Afrocentric streaming hub, capitalizing on the booming trend of community-driven alternative financing.

Digital Health Innovator Perx Divides Global Operations to Accelerate Regional Expansion

Digital Health Innovator Perx Divides Global Operations to Accelerate Regional Expansion

Sydney, Wednesday, 20 May 2026.
Digital health firm Perx is splitting its operations in a unique dual transaction, selling its U.S. business to Clutch and merging its Australian division with Navigator to accelerate growth.

Workplace Fatality Investigation Delays SpaceX's Crucial Starship V3 Launch

Workplace Fatality Investigation Delays SpaceX's Crucial Starship V3 Launch

Brownsville, Wednesday, 20 May 2026.
SpaceX postponed the debut of its 124-meter Starship V3 to May 21 after a worker fatality, exposing severe regulatory and safety challenges threatening its rapid testing cadence.

Meta's Strategic Pivot: 8,000 Jobs Cut to Finance a $145 Billion AI Vision

Meta's Strategic Pivot: 8,000 Jobs Cut to Finance a $145 Billion AI Vision

Menlo Park, Tuesday, 19 May 2026.
Despite record profits, Meta will lay off 8,000 employees on May 20 to help finance a staggering $145 billion investment in artificial intelligence infrastructure.

Laser Photonics Unveils Anti-Drone Defense Prototype to Military Leaders at SOF Week

Laser Photonics Unveils Anti-Drone Defense Prototype to Military Leaders at SOF Week

Orlando, Tuesday, 19 May 2026.
Today at SOF Week, Laser Photonics showcased its directed-energy anti-drone prototype to key military commands, positioning the firm for strategic growth within the expanding defense technology sector.

Liberty Latin America Taps Industry Veteran to Steer Caribbean Operations Toward Profitability

Liberty Latin America Taps Industry Veteran to Steer Caribbean Operations Toward Profitability

Denver, Tuesday, 19 May 2026.
Liberty Latin America appointed telecom veteran Ignacio Roman to helm Puerto Rico and USVI operations, leveraging his vast experience to drive the recovering company toward projected 2026 profitability.

Disney Brings Major 2026 Music Festivals to Global Streaming Audiences

Disney Brings Major 2026 Music Festivals to Global Streaming Audiences

Burbank, Tuesday, 19 May 2026.
In a strategic push for subscriber engagement, Disney will simulcast major 2026 music festivals like Lollapalooza globally across Disney+ and Hulu, merging digital streaming with real-time live entertainment.

Intelligent Protection Management Launches Secure Artificial Intelligence Platform for Businesses

Intelligent Protection Management Launches Secure Artificial Intelligence Platform for Businesses

New York, Tuesday, 19 May 2026.
Launched today, May 19, 2026, IPM’s new secure artificial intelligence platform features a unique no-code environment, driving enterprise expansion following a 15.2% quarterly revenue growth.