latest news in companies

Brazilian Court Orders Microsoft to Restore Hacked Xbox Account and Game Library

Brazilian Court Orders Microsoft to Restore Hacked Xbox Account and Game Library

Sao Paulo, Saturday, 11 July 2026.
A Brazilian court ordered Microsoft to restore a hacked user’s Xbox account, rejecting the company’s demand that they repurchase their digital library and challenging global digital ownership standards.

Popular Entertainment Tracker TV Time to Shut Down and Delete All User Data

Popular Entertainment Tracker TV Time to Shut Down and Delete All User Data

Los Angeles, Saturday, 11 July 2026.
Whip Media is shutting down TV Time on July 15, 2026, permanently deleting 26 million users’ watch histories after a strategic pivot toward AI-driven enterprise tools.

Eli Lilly Diversifies Beyond Weight-Loss Drugs with Four-Billion-Dollar Vaccine Push

Eli Lilly Diversifies Beyond Weight-Loss Drugs with Four-Billion-Dollar Vaccine Push

Indianapolis, Saturday, 11 July 2026.
Eli Lilly is acquiring three vaccine developers for four billion dollars, shifting its strategy toward infectious diseases as obesity rates begin to level out in wealthy nations.

Disney Faces Costly Setback as Live-Action Moana Underperforms in Theaters

Disney Faces Costly Setback as Live-Action Moana Underperforms in Theaters

Los Angeles, Saturday, 11 July 2026.
Budgeted at $250 million, Disney’s live-action Moana is debuting to an underwhelming $40 million, signaling severe audience fatigue with the studio’s strategy of remaking its animated classics.

New Software Lets Industrial Robots Learn Without Costly AI Chips

New Software Lets Industrial Robots Learn Without Costly AI Chips

San Francisco, Saturday, 11 July 2026.
NeuraFrame’s new technology allows industrial robots to execute complex tasks using cheap, standard hardware, cutting automation costs by replacing massive onboard AI models with portable memory packs.

Lewis Hamilton Drives Ferrari Back into Formula One Championship Contention

Lewis Hamilton Drives Ferrari Back into Formula One Championship Contention

Maranello, Saturday, 11 July 2026.
Seven-time champion Lewis Hamilton has emerged as a 2026 title contender with Ferrari, attributing his dramatic performance turnaround to custom technical updates and deep organizational trust.

Severe Storms Ground Hundreds of Flights at Charlotte's Major Airport Hub

Severe Storms Ground Hundreds of Flights at Charlotte's Major Airport Hub

Charlotte, Saturday, 11 July 2026.
Intense Friday storms triggered a federal ground stop at Charlotte’s airport, delaying nearly 500 flights and cutting power to over 21,000 residents across the Carolinas.

Disney Launches Major Global Marketing Campaign for Next Avengers Film to Boost Revenues

Disney Launches Major Global Marketing Campaign for Next Avengers Film to Boost Revenues

Burbank, Saturday, 11 July 2026.
Disney has launched a massive promotional campaign in Shanghai for Avengers: Doomsday, aiming to revive its multi-billion-dollar box office momentum by uniting characters from three distinct Marvel universes.

SpaceX Successfully Tests 33 Engines Ahead of Next Starship Launch

SpaceX Successfully Tests 33 Engines Ahead of Next Starship Launch

Brownsville, Saturday, 11 July 2026.
SpaceX’s successful engine test in Texas clears the path for its upcoming orbital flight, marking a pivotal step toward drastically reducing global space cargo costs.

Valve Prepares for New Virtual Reality Headset Launch With Store Updates

Valve Prepares for New Virtual Reality Headset Launch With Store Updates

Bellevue, Saturday, 11 July 2026.
With massive hardware shipments arriving and a new compatibility page live on its store, Valve is poised to launch its highly anticipated wireless virtual reality headset this summer.