latest news in companies

Cerebras Signs Major Deal to Power Cloud Startup Gimlet Labs

Cerebras Signs Major Deal to Power Cloud Startup Gimlet Labs

Sunnyvale, Monday, 28 September 2026.
Cerebras Systems will supply 100 megawatts of AI computing hardware to Gimlet Labs, expanding specialized chip infrastructure to meet surging demand for rapid artificial intelligence inference processing.

MongoDB Stock Drops as Executive Leaves to Head New Meta Division

MongoDB Stock Drops as Executive Leaves to Head New Meta Division

New York, Monday, 28 September 2026.
MongoDB shares plummeted 24% following Chief Executive CJ Desai’s abrupt resignation after less than a year to lead Meta’s newly launched enterprise artificial intelligence business line.

China May Allow Tech Giants to Buy New Nvidia Artificial Intelligence Chips

China May Allow Tech Giants to Buy New Nvidia Artificial Intelligence Chips

Santa Clara, Monday, 28 September 2026.
China may permit companies like ByteDance to purchase Nvidia’s new RTX Pro 5500 chips, with ByteDance weighing a one-million-unit order to address severe domestic artificial intelligence hardware shortages.

Meta's New Artificial Intelligence Agent Automates Daily Consumer Financial Decisions

Meta's New Artificial Intelligence Agent Automates Daily Consumer Financial Decisions

Menlo Park, Monday, 28 September 2026.
Meta’s new Muse AI agent threatens corporate recurring revenues by automating tasks like cancelling unused subscriptions—an action consumers are four times more likely to take when explicitly prompted.

Electric Car Maker BYD Boosts Production and Global Reach Amid Changing Market Demand

Electric Car Maker BYD Boosts Production and Global Reach Amid Changing Market Demand

Shenzhen, Monday, 28 September 2026.
Electric vehicle maker BYD expands global production and factory hiring despite stock fluctuations, leveraging strong international demand and reaching charging infrastructure goals ahead of schedule in late September 2026.

Technology Provider Nerds On Site Achieves Record Revenue After Financial Restructuring

Technology Provider Nerds On Site Achieves Record Revenue After Financial Restructuring

Toronto, Monday, 28 September 2026.
Nerds On Site achieved a record CAD 13.44 million in fiscal 2026 revenue, driven by two consecutive profitable quarters and a dramatic 95% reduction in operating losses.

Rising Diesel Costs Drive Fleet Operators Toward Electric Freight Trucks

Rising Diesel Costs Drive Fleet Operators Toward Electric Freight Trucks

Austin, Monday, 28 September 2026.
With US diesel averaging $6.53 per gallon—a 74% year-over-year surge—fleet operators face operating costs of $0.80 per mile for diesel versus $0.20 to $0.30 for electric trucks.

Planon Recognized as a Smart Building Industry Leader

Planon Recognized as a Smart Building Industry Leader

Nijmegen, Monday, 28 September 2026.
Planon was named a visionary leader in smart building software by Frost & Sullivan, praised for its single, unified platform rather than patchwork company acquisitions.

UBS Considers Moving Headquarters Abroad to Avoid Stricter Banking Rules

UBS Considers Moving Headquarters Abroad to Avoid Stricter Banking Rules

Zurich, Sunday, 27 September 2026.
Reports reveal UBS is exploring foreign merger options that could relocate its headquarters outside Switzerland, as the banking giant faces potential new capital requirements of up to $42 billion.

How Mystery Thrillers Are Driving Netflix's Massive Subscriber Retention

How Mystery Thrillers Are Driving Netflix's Massive Subscriber Retention

Los Gatos, Sunday, 27 September 2026.
Netflix is doubling down on Harlan Coben’s mystery series to boost retention, highlighted by I Will Find You drawing 24 million views in its first four days.