latest news in companies

Why Larry Ellison Pledged $50 Billion in Oracle Shares for Personal Loans

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.

Toys R Us Launches Massive Store Expansion Ahead of Holiday Season

Toys R Us Launches Massive Store Expansion Ahead of Holiday Season

New York, Friday, 18 September 2026.
Toys “R” Us is opening 120 new US stores for the 2026 holiday season, driven by a surging toy market where adult consumers now account for 55% of all sales.

Air Force Explores Buying New F-16 Fighters After Two-Decade Pause

Air Force Explores Buying New F-16 Fighters After Two-Decade Pause

Washington, Thursday, 17 September 2026.
The U.S. Air Force is evaluating purchasing new F-16G fighters for the first time since 2005 to bridge fleet shortages caused by F-35 delivery delays.

Why Healthcare AI Uses Up to 4,600 Times More Energy Than Specialized Systems

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.

Olenox Mined 15.63 Bitcoin in August as Energy Strategy Advances

Olenox Mined 15.63 Bitcoin in August as Energy Strategy Advances

Dallas, Thursday, 17 September 2026.
Olenox Industries mined 15.63 Bitcoin in August 2026. The company is transitioning to local natural gas generation to lower power costs below $0.02 per kilowatt-hour for computing.

Take-Two Interactive Unveils Original Soundtrack Album to Drive Video Game Revenue

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.

Circle Launches Arc Blockchain to Reduce Dependency on Reserve Yields

Circle Launches Arc Blockchain to Reduce Dependency on Reserve Yields

Boston, Thursday, 17 September 2026.
Circle launched its Arc mainnet on September 16, 2026, targeting revenue diversification after drawing over 95% of its Q2 2026 income from stablecoin reserve interest rates.

U.S. Defense Contract Awarded to Develop Domestic Alternatives for Infrared Technology

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

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

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.