latest news in companies

Meta to Close Horizon Worlds VR Platform Amid Shift Toward Mobile and AI

Meta to Close Horizon Worlds VR Platform Amid Shift Toward Mobile and AI

Menlo Park, Wednesday, 18 March 2026.
Following billions in operating losses, Meta will shut down its flagship virtual reality platform, Horizon Worlds, on June 15, 2026, pivoting the social network entirely to mobile.

Bain Capital Backs 125-Year-Old HVAC Leader Duravent to Fuel Market Expansion

Bain Capital Backs 125-Year-Old HVAC Leader Duravent to Fuel Market Expansion

Detroit, Wednesday, 18 March 2026.
Bain Capital has invested an undisclosed sum into 125-year-old HVAC manufacturer Duravent Group, partnering with Egeria to accelerate the climate technology leader’s expansion through strategic industry acquisitions.

Disney Enters a New Era as Josh D'Amaro Takes Charge as Chief Executive

Disney Enters a New Era as Josh D'Amaro Takes Charge as Chief Executive

Burbank, Wednesday, 18 March 2026.
Succeeding Bob Iger today, new Disney CEO Josh D’Amaro transitions from leading a $36 billion parks division to the monumental task of revitalizing the entertainment giant’s stagnant stock.

Real Estate Giants Spark a Technology Race to Capture Early Homebuyers

Real Estate Giants Spark a Technology Race to Capture Early Homebuyers

New York, Wednesday, 18 March 2026.
As major real estate firms expand search tools, innovative video platforms are disrupting the market by capturing prospective homebuyers before they even begin their traditional property searches.

Defending the Enterprise: The Industry Challenge to Stop Rogue AI Attacks

Defending the Enterprise: The Industry Challenge to Stop Rogue AI Attacks

New York, Wednesday, 18 March 2026.
Because traditional security cannot stop autonomous AI, ONUG is challenging tech vendors to neutralize simulated rogue AI attacks, establishing crucial new defenses for modern corporate infrastructure.

Jury Decides if Elon Musk Misled Investors During 2022 Twitter Buyout

Jury Decides if Elon Musk Misled Investors During 2022 Twitter Buyout

San Francisco, Wednesday, 18 March 2026.
A San Francisco jury is currently deliberating whether Elon Musk intentionally tanked Twitter’s stock price with his 2022 ‘on hold’ tweet to renegotiate his $44 billion buyout.

Canadian Imperial Bank of Commerce Optimizes Financial Strategy Amid Easing Inflation

Canadian Imperial Bank of Commerce Optimizes Financial Strategy Amid Easing Inflation

Toronto, Wednesday, 18 March 2026.
Driven by cooling inflation, CIBC is strategically restructuring with a US$20 billion funding plan, offering investors a compelling 8% estimated upside amid stabilizing economic trends.

Federal Regulators Greenlight Microsoft Cloud Infrastructure Despite Severe Internal Security Warnings

Federal Regulators Greenlight Microsoft Cloud Infrastructure Despite Severe Internal Security Warnings

Washington, Wednesday, 18 March 2026.
Federal regulators authorized a widespread Microsoft cloud product for government use despite internal experts citing severe data protection concerns and a complete lack of confidence in its security posture.

Rocket Lab Shares Drop Following $1 Billion Stock Sale Announcement

Rocket Lab Shares Drop Following $1 Billion Stock Sale Announcement

Long Beach, Wednesday, 18 March 2026.
Rocket Lab’s stock dropped nearly 5% after announcing a massive $1 billion stock sale, balancing aggressive commercial space expansion against immediate investor concerns over shareholder dilution.

Ondas and Heidelberg Launch Central Hub for European Drone Defense in Germany

Ondas and Heidelberg Launch Central Hub for European Drone Defense in Germany

Berlin, Wednesday, 18 March 2026.
Merging US-Israeli innovation with German manufacturing, Ondas and Heidelberg launched ONBERG today to mass-produce autonomous drone defense systems, directly addressing Europe’s urgent need for sovereign security and infrastructure protection.