latest news in companies

Hop-on Secures Electronic Trading Approval to Support Digitalage Growth

Hop-on Secures Electronic Trading Approval to Support Digitalage Growth

New York, Tuesday, 13 October 2026.
Hop-on, Inc. achieved DTC FAST and DWAC eligibility, modernizing its trading infrastructure. This removes legacy operational hurdles, positioning the company to scale its Digitalage creator monetization platform.

Paramount Acquires First Movie Theater in Landmark Pacific Palisades Deal

Paramount Acquires First Movie Theater in Landmark Pacific Palisades Deal

Los Angeles, Tuesday, 13 October 2026.
Paramount Pictures has acquired its first physical movie theater, taking over the lease for the historic Bay Theater from Netflix to launch a premier dine-in cinema experience later this year.

Workday Buys C1.ai to Secure Corporate AI Agents and Human Employees

Workday Buys C1.ai to Secure Corporate AI Agents and Human Employees

Pleasanton, Tuesday, 13 October 2026.
While 95% of large U.S. companies deploy autonomous AI agents, only 21% can govern them securely. Workday’s acquisition of C1.ai unifies identity management across human and digital workforces.

Apple Unveils $149 HomePod Mini 2 with Delayed Artificial Intelligence Features

Apple Unveils $149 HomePod Mini 2 with Delayed Artificial Intelligence Features

Cupertino, Tuesday, 13 October 2026.
Apple unveiled the $149 HomePod mini 2 featuring an upgraded S10 chip and new audio capabilities, though its marquee Siri AI features will not be available at launch.

Mattel Shares Surge as Takeover Interest Triggers Analyst Upgrade

Mattel Shares Surge as Takeover Interest Triggers Analyst Upgrade

El Segundo, Tuesday, 13 October 2026.
Seaport Global upgraded Mattel to a Buy rating with a $20 target, as takeover offers from suitors like Authentic Brands signal significant underappreciated value in the toy maker.

Amazon Web Services Modernizes Serverless Cloud Computing to Speed Up Applications

Amazon Web Services Modernizes Serverless Cloud Computing to Speed Up Applications

Seattle, Tuesday, 13 October 2026.
AWS introduced Lambda Web Functions, enabling standard web apps to run natively without code changes. Crucially, billing shifts to active CPU time, ignoring idle waiting periods for database queries.

Meta Sues British Regulator to Block Multi-Billion-Dollar Fine Calculations

Meta Sues British Regulator to Block Multi-Billion-Dollar Fine Calculations

London, Tuesday, 13 October 2026.
Meta launched High Court proceedings on October 13, 2026, challenging Ofcom’s power to base penalties on global revenues, a ruling that could redefine international tech regulation.

Oil Producer Faces Deepening Losses and Liquidity Strain Despite Permian Drilling Progress

Oil Producer Faces Deepening Losses and Liquidity Strain Despite Permian Drilling Progress

Houston, Tuesday, 13 October 2026.
Heavy derivative losses dragged EON Resources’ quarterly revenue down to $968,193 while operating losses reached $6.2 million, leaving the firm with just $129,772 in cash and ongoing going-concern warnings.

Citigroup Profits Jump 40 Percent on Strong Investment Banking

Citigroup Profits Jump 40 Percent on Strong Investment Banking

New York, Tuesday, 13 October 2026.
Citigroup reported a 40 percent surge in third-quarter net income to $5.25 billion, beating Wall Street estimates through strong investment banking growth, even as credit card profits declined.

Regulators Target Martin Shkreli Over Alleged Drug Industry Ban Violation

Regulators Target Martin Shkreli Over Alleged Drug Industry Ban Violation

Washington, Tuesday, 13 October 2026.
US regulators asked a court to hold Martin Shkreli in contempt, alleging he violated a lifetime industry ban by trading over 60 drug stocks and promoting investments online.