latest news in companies

Czech Court Orders Tech Giant to Pay Record Fine for Unfair Market Practices

Czech Court Orders Tech Giant to Pay Record Fine for Unfair Market Practices

Prague, Tuesday, 1 September 2026.
A Prague court ordered Google to pay 400 million Czech koruna in damages to local platform Heureka, marking the largest antitrust compensation ever awarded in the country.

John Ternus Takes Over as Apple CEO to Lead Artificial Intelligence Push

John Ternus Takes Over as Apple CEO to Lead Artificial Intelligence Push

Cupertino, Tuesday, 1 September 2026.
John Ternus officially becomes Apple CEO today, replacing Tim Cook, whose 15-year leadership added $32 million in market value per hour. Ternus must now navigate Apple’s critical artificial intelligence expansion.

MapQuest Tops App Store Charts After Defying Executive Renaming Order

MapQuest Tops App Store Charts After Defying Executive Renaming Order

Washington, Tuesday, 1 September 2026.
MapQuest surged to the top free app on the U.S. Apple App Store on September 1, 2026, driven by a 50-fold usage spike after refusing to rename Lake Ontario.

Chobani Commits $1.2 Billion to Expand Pennsylvania Dairy Manufacturing

Chobani Commits $1.2 Billion to Expand Pennsylvania Dairy Manufacturing

Allentown, Tuesday, 1 September 2026.
Chobani is investing $1.2 billion in Pennsylvania to establish a dairy plant creating 900 jobs. Remarkably, the facility will process 30% of the state’s total annual milk production.

Oracle Prepares New Workforce Cuts as Artificial Intelligence Spending Soars

Oracle Prepares New Workforce Cuts as Artificial Intelligence Spending Soars

Austin, Tuesday, 1 September 2026.
Oracle is planning further global workforce reductions to fund massive artificial intelligence infrastructure investments, following 21,000 job cuts that previously fueled a record $55.7 billion capital expenditure surge.

KBR Secures $1.1 Billion Government Contract to Expand National Weather Tracking

KBR Secures $1.1 Billion Government Contract to Expand National Weather Tracking

Washington, Tuesday, 1 September 2026.
KBR won a $1.1 billion federal contract to enhance national weather forecasting, securing major long-term revenue just months before spinning off its government technology division in 2027.

Tech Giants Lock In Memory Chip Supply As Artificial Intelligence Demand Surges

Tech Giants Lock In Memory Chip Supply As Artificial Intelligence Demand Surges

Boise, Tuesday, 1 September 2026.
Hyperscalers have committed $22 billion—including $18 billion in upfront cash deposits—to secure Micron’s advanced memory capacity, as data center demand for artificial intelligence hardware exceeds supply by 50%.

SpaceX Begins Manufacturing Power Plant Components to Bypass Grid Delays

SpaceX Begins Manufacturing Power Plant Components to Bypass Grid Delays

Hawthorne, Tuesday, 1 September 2026.
SpaceX is opening a Texas foundry to manufacture natural gas turbine components internally, aiming to accelerate power availability by 18 months for its expanding AI operations.

Xcite Uranium Begins Drilling Program at Historical Lorado Site

Xcite Uranium Begins Drilling Program at Historical Lorado Site

Saskatoon, Tuesday, 1 September 2026.
Xcite Uranium launched a 1,200 m drilling program at Saskatchewan’s Lorado Project, targeting highly prospective conductor zones near a mine that historically produced 95,000 tonnes of uranium ore.

Wall Street Forecasts Major Growth for Duolingo Following Key Upgrade

Wall Street Forecasts Major Growth for Duolingo Following Key Upgrade

Pittsburgh, Tuesday, 1 September 2026.
On September 1, 2026, Duolingo shares rose nearly 5% after Evercore ISI doubled its price target to $210, citing a Netflix-style growth trajectory and minimal threat from artificial intelligence.