latest news in companies

Teragonia Triples Annual Revenue as Private Equity Demand Surges

Teragonia Triples Annual Revenue as Private Equity Demand Surges

New York, Wednesday, 28 January 2026.
Teragonia reported a 220% revenue surge in 2025, tripling its annual recurring figures. The AI platform now serves a private equity network managing nearly $400 billion in assets.

Amazon Slashes 16,000 Corporate Jobs to Fuel Massive AI Investment

Amazon Slashes 16,000 Corporate Jobs to Fuel Massive AI Investment

Seattle, Wednesday, 28 January 2026.
Confirmed following an internal email error, these cuts bring recent reductions to 30,000, strategically shifting resources to support a projected $125 billion investment in artificial intelligence infrastructure.

McGrath Group Exits Harley-Davidson Retail with Final Iowa Closure

McGrath Group Exits Harley-Davidson Retail with Final Iowa Closure

Davenport, Wednesday, 28 January 2026.
Marking a strategic exit, the McGrath group closed its final Harley-Davidson location in Iowa, adding to a growing list of retail closures that saw 11 showrooms shutter in 2025.

Ex1 Taps Retired Vice Admiral to Guide Defense Technology Strategy

Ex1 Taps Retired Vice Admiral to Guide Defense Technology Strategy

Washington, Wednesday, 28 January 2026.
Ex1 appoints Vice Admiral Tiongson to its Board, leveraging his management of a $12 billion Coast Guard portfolio to bolster strategic decision-making for its federal technology subsidiaries.

MONEYME Targets Multi-Billion Dollar Growth via Strategic Credit Card Partnership with Luxury Escapes

MONEYME Targets Multi-Billion Dollar Growth via Strategic Credit Card Partnership with Luxury Escapes

Sydney, Wednesday, 28 January 2026.
MONEYME aims to capture a share of Australia’s $40 billion credit market by powering a new card for Luxury Escapes, instantly accessing over 9 million potential premium customers.

Meta Commits $6 Billion to Corning for AI Data Center Expansion

Meta Commits $6 Billion to Corning for AI Data Center Expansion

Menlo Park, Wednesday, 28 January 2026.
This strategic $6 billion partnership for AI-ready fiber optics propelled the 175-year-old glassmaker to its best market day in decades, signaling a critical infrastructure shift toward power-efficient data transmission.

Tesla Retires Model S and X to Manufacture Optimus Robots at Fremont

Tesla Retires Model S and X to Manufacture Optimus Robots at Fremont

Austin, Thursday, 29 January 2026.
Marking a definitive pivot to autonomy, Tesla will cease Model S and X production in Q2 2026, repurposing the factory to manufacture one million Optimus robots annually.

IonQ Brings Chip Manufacturing In-House with $1.8 Billion SkyWater Acquisition

IonQ Brings Chip Manufacturing In-House with $1.8 Billion SkyWater Acquisition

College Park, Tuesday, 27 January 2026.
This strategic move creates the industry’s first vertically integrated quantum platform, accelerating IonQ’s roadmap to test 200,000-qubit chips by 2028.

Amazon Pivots Grocery Strategy, Closing Fresh and Go Chains to Expand Whole Foods

Amazon Pivots Grocery Strategy, Closing Fresh and Go Chains to Expand Whole Foods

Seattle, Tuesday, 27 January 2026.
Amazon shutters 72 tech-centric stores, citing unscalable economics for its cashierless experiment. The strategic pivot consolidates physical retail under Whole Foods while aggressively expanding same-day delivery networks.

Reddit Shares Slide as Analysts Warn of Slower Growth in 2026

Reddit Shares Slide as Analysts Warn of Slower Growth in 2026

San Francisco, Tuesday, 27 January 2026.
Shares fell 9% today after reports highlighted that only 59% of advertisers are beating ROI targets—down from 76%—signaling potential revenue headwinds from large U.S. agencies.