latest news in companies
Elon Musk Shifts Strategy to Build Massive Chip Factory After Industry Rejections
Austin, Tuesday, 20 October 2026.
After Intel, TSMC, and Micron rejected direct buyout offers, Elon Musk pivoted to building a $16.8 billion Texas chip plant using strategic partnerships to drive his artificial intelligence ambitions.
Super Micro Computer Secures Massive AI Orders but Trades at a Surprising Discount
San Jose, Tuesday, 20 October 2026.
Despite securing over $60 billion in server orders, Super Micro Computer trades at a steep discount due to legal and export control concerns, creating a sharp divide among investors.
Federal Aviation Administration Certifies Long-Delayed Boeing Jet
Washington, Tuesday, 20 October 2026.
The Federal Aviation Administration officially approved Boeing’s 737 MAX 10 for commercial service on Tuesday, unlocking over 1,500 pending orders and marking a key step in the manufacturer’s recovery.
Toei Animation and Sony Partner to Open First Official One Piece Store in North America
Los Angeles, Tuesday, 20 October 2026.
Toei Animation and Sony Group will open the first U.S. One Piece Mugiwara Store in Los Angeles on November 6, 2026, featuring exclusive merchandise and interactive customer experiences.
Early Investment in Artificial Intelligence Startup Prepares Former Google Chief for Multi-Billion-Dollar Payout
San Francisco, Tuesday, 20 October 2026.
Former Google chief Eric Schmidt’s early investment in artificial intelligence developer Anthropic could yield up to $20 billion as the company prepares for a record-breaking public listing.
Cosmos Health Expects Record Revenue Driven by Fast Growth in Online Subscriptions
Chicago, Tuesday, 20 October 2026.
Cosmos Health reaffirmed its 2026 outlook exceeding $90 million in revenue, powered by strong pharmaceutical manufacturing and a 42% surge in U.S. online subscriptions over just five days.
Clean Energy Giant Buys Historic California Fuel Refinery to Power Future Flights
Paramount, Tuesday, 20 October 2026.
On 20 October 2026, XCF Global agreed to acquire America’s first renewable jet-fuel facility near Los Angeles, targeting $600 million in sales following a 12-month operational restart.
Ticketmaster Hires Former Amazon Executive as Tech Lead to Drive Artificial Intelligence Shift
Los Angeles, Tuesday, 20 October 2026.
Ticketmaster appointed former Amazon executive Jim Freeman as Chief Technology Officer to lead an artificial intelligence transformation aimed at enhancing platform security and defeating automated ticket scalping bots.