latest news in companies
Strategic Partnership Launches Multifaceted Tech and Energy Hub in South Miami-Dade
Homestead, Wednesday, 4 March 2026.
This development establishes South Miami-Dade’s first micro-datacenter and EV hub, leveraging federal incentives to support over 50 startups and foster economic equity in a Targeted Urban Area.
Landmark Transaction by BXP and Partners Establishes Digital Rights as Monetizable Assets
Boston, Wednesday, 4 March 2026.
In a historic industry first, BXP and partners have formally recognized “Digital Rights” as a distinct asset class. This transaction treats virtual overlays akin to air rights, potentially redefining global real estate valuation strategies.
Oracle Data Center Outage Disrupts TikTok US Service for Second Time Since January
Austin, Tuesday, 3 March 2026.
A failure at Oracle’s Ashburn data center has stalled TikTok US traffic, marking the second significant service disruption since the platform’s ownership restructuring just two months ago.
CrowdStrike Exceeds Fourth Quarter Targets as Annual Recurring Revenue Tops $5 Billion
Austin, Tuesday, 3 March 2026.
Cybersecurity leader CrowdStrike Holdings (CRWD) delivered a solid performance for its fiscal fourth quarter ending January 31, 2026, driven by accelerating enterprise demand for AI-integrated security solutions. The company reported adjusted earnings per share of $1.12 on revenue of $1.31 billion, surpassing Wall Street’s expectations of $1.10 and $1.30 billion, respectively. A pivotal highlight was the company’s Annual Recurring Revenue (ARR) climbing 24% year-over-year to breach the $5.25 billion mark, underscored by a record $1.01 billion in net new ARR for the fiscal year. Despite these robust figures and the company achieving its first GAAP-profitable quarter, the market reaction remained tempered. Management provided fiscal year 2027 revenue guidance of $5.87 billion to $5.93 billion, which landed roughly in line with analyst consensus. This suggests a stable yet measured outlook, indicating that while CrowdStrike is executing effectively, investors remain cautious regarding future growth velocity.
Moderna Agrees to $950 Million Settlement to End Global Patent Litigation
Cambridge, Tuesday, 3 March 2026.
In a significant move to clear its legal horizon, Moderna has agreed to pay $950 million to Arbutus Biopharma and Genevant Sciences, resolving worldwide disputes over the lipid nanoparticle technology used in its COVID-19 vaccines. While the deal eliminates future royalties, the total payout could swell by an additional $1.3 billion depending on the outcome of a federal appeal regarding government-contractor liability, potentially marking one of the largest patent settlements in pharmaceutical history.
Wildlight Entertainment to Permanently Shut Down Highguard Servers on March 12
Los Angeles, Tuesday, 3 March 2026.
Wildlight Entertainment confirms Highguard’s permanent shutdown on March 12, 2026. Despite Tencent backing and Apex Legends pedigree, the shooter collapsed in just 45 days, leaving the studio with under 20 employees.