latest news in companies
Why Larry Ellison Pledged $50 Billion in Oracle Shares for Personal Loans
Austin, Friday, 18 September 2026.
Oracle co-founder Larry Ellison pledged $50 billion in company stock as loan collateral, allowing him to raise vast personal liquidity tax-free without sacrificing voting power or selling shares.
Why Healthcare AI Uses Up to 4,600 Times More Energy Than Specialized Systems
Washington, Thursday, 17 September 2026.
A September 2026 Plainvue report reveals general-purpose healthcare AI consumes up to 4,600 times more energy than purpose-built systems, raising significant environmental, data privacy, and compliance concerns.
Take-Two Interactive Unveils Original Soundtrack Album to Drive Video Game Revenue
New York, Thursday, 17 September 2026.
Take-Two Interactive announced a 34-track original album launching alongside its upcoming video game on November 19, 2026, marking an unprecedented cross-media strategy to maximize major release revenue.
U.S. Defense Contract Awarded to Develop Domestic Alternatives for Infrared Technology
Orlando, Thursday, 17 September 2026.
LightPath Technologies secured a defense prototype contract to develop domestic alternatives for critical infrared systems, helping eliminate foreign supply dependencies ahead of strict 2027 federal restrictions.
Nokia Partners With Microsoft to Boost Mobile Network Performance Using Artificial Intelligence
Espoo, Thursday, 17 September 2026.
Nokia partnered with Microsoft to automate telecom networks through artificial intelligence. The collaboration reduces data preparation time from weeks to minutes, sending Nokia’s shares up nearly five percent.
PGA Tour Rejects Fast-Track Returns for Golfers After LIV Golf Bankruptcy
Ponte Vedra Beach, Thursday, 17 September 2026.
Following LIV Golf’s recent bankruptcy, the PGA Tour rejected fast-track reinstatement for departing stars, forcing players like Jon Rahm, owed $7.5 million, to earn back their tour status.