latest news in companies

Converse Apologizes and Pulls Ad Campaign After Outrage Over Racist Imagery

Converse Apologizes and Pulls Ad Campaign After Outrage Over Racist Imagery

Boston, Sunday, 20 September 2026.
Facing severe public backlash and a 31 percent revenue drop, Nike subsidiary Converse pulled advertisements resembling Ku Klux Klan robes and lynchings, issuing a formal apology.

Leaked Specifications Suggest AMD's Upcoming Processor Beats Nvidia's Top Model

Leaked Specifications Suggest AMD's Upcoming Processor Beats Nvidia's Top Model

Santa Clara, Sunday, 20 September 2026.
Leaked data indicates AMD’s upcoming flagship graphics chip outperforms Nvidia’s top model by up to 25% in high-end tasks, driven by AI processing units operating 18 times faster.

AMD Shares Surge as Rising Cloud Service Rates Signal Strong AI Chip Demand

AMD Shares Surge as Rising Cloud Service Rates Signal Strong AI Chip Demand

Santa Clara, Sunday, 20 September 2026.
Advanced Micro Devices stock jumped over 6% after cloud provider Nebius announced a 25% price hike for AMD processors, reassuring investors of robust, sustained demand for AI hardware.

UL Solutions Expands Product Testing Capabilities as Shares Trade Near Yearly Lows

UL Solutions Expands Product Testing Capabilities as Shares Trade Near Yearly Lows

New York, Sunday, 20 September 2026.
Despite opening a major facility expansion in Arkansas to meet safety certification demand, UL Solutions stock has dropped 16.5% over the past month, trading near $64.03.

Why Cutting Costs With AI Will Not Keep You Ahead

Why Cutting Costs With AI Will Not Keep You Ahead

New York, Sunday, 20 September 2026.
Relying on artificial intelligence solely to cut expenses fails to build long-term advantage. Top-performing companies reinvest efficiency gains into faster innovation, employee capability, and customer-driven growth.

DraftKings Faces Backlash for Using Artificial Intelligence to Target High-Loss Gamblers

DraftKings Faces Backlash for Using Artificial Intelligence to Target High-Loss Gamblers

Boston, Sunday, 20 September 2026.
A recent investigation revealed that DraftKings uses predictive algorithms to identify high-loss gamblers, specifically targeting vulnerable users with promotions to increase betting frequency rather than offering protection.

Aaron Sorkin Explores Social Media Governance in New Facebook Drama

Aaron Sorkin Explores Social Media Governance in New Facebook Drama

New York, Sunday, 20 September 2026.
Aaron Sorkin’s new film The Social Reckoning re-examines Meta’s internal whistleblower leaks, highlighting how platform algorithms directed 64% of extremist group members, renewing pressure on corporate oversight.

Organic Baby Food Maker Once Upon a Farm Goes Public with Multi-Million Dollar Debut

Organic Baby Food Maker Once Upon a Farm Goes Public with Multi-Million Dollar Debut

New York, Sunday, 20 September 2026.
Once Upon a Farm raised $140 million in its February 2026 public market debut. Co-founder Jennifer Garner’s active 7% stake highlights strong investor interest in sustainable consumer brands.

SpaceX Expands Global Internet Network With 81st Launch Of The Year

SpaceX Expands Global Internet Network With 81st Launch Of The Year

Vandenberg, Sunday, 20 September 2026.
SpaceX successfully launched 27 internet satellites into orbit on Saturday, marking its 81st satellite mission this year as the company continues rapidly expanding its global broadband service.

TotalEnergies Secures $1.8 Billion Partnership to Expand Energy Infrastructure

TotalEnergies Secures $1.8 Billion Partnership to Expand Energy Infrastructure

Paris, Sunday, 20 September 2026.
TotalEnergies has secured a $1.8 billion infrastructure deal in Africa, boosting its global footprint as the company’s stock surges more than 41% year-to-date.