latest news in companies

Did Artificial Demand Protect High Prices in the Tech Boom?

Did Artificial Demand Protect High Prices in the Tech Boom?

Santa Clara, Saturday, 14 November 2026.
Reports suggest Nvidia funded artificial intelligence startups to absorb excess chips and maintain pricing, leaving roughly $200 billion worth of advanced silicon sitting idle across underpowered corporate warehouses.

Elevance Health Forecasts Double-Digit Profit Expansion as Key Insurance Margins Rebound

Elevance Health Forecasts Double-Digit Profit Expansion as Key Insurance Margins Rebound

Indianapolis, Saturday, 14 November 2026.
Elevance Health projects at least 12% profit growth in 2027, driven by disciplined pricing and anticipated margin recoveries in Medicaid following its projected 2026 performance low.

Global Microsoft System Breakdown Threatens Corporate Cloud Dependency

Global Microsoft System Breakdown Threatens Corporate Cloud Dependency

Redmond, Saturday, 14 November 2026.
A massive 22-hour Microsoft service outage disrupted over 430 million users worldwide, triggering an estimated $7 billion in economic losses and sparking urgent reviews of single-vendor corporate risks.

How Banco do Brasil Plans to Unlock Global Investment for Green Projects

How Banco do Brasil Plans to Unlock Global Investment for Green Projects

Antalya, Saturday, 14 November 2026.
By joining the IDB Group’s ReInvest+ platform, Banco do Brasil will connect its sustainable loan portfolio to international institutional investors managing more than $100 trillion in assets.

Global Workday System Failure Locks Out Thousands of Companies

Global Workday System Failure Locks Out Thousands of Companies

Pleasanton, Saturday, 14 November 2026.
A routine backup test triggered a massive Workday outage on Friday, locking out 11,500 enterprise clients and halting vital payroll and healthcare enrollment access globally.

Barstool Sports Enforces Player Ban Following Golf Tournament Controversy

Barstool Sports Enforces Player Ban Following Golf Tournament Controversy

New York, Saturday, 14 November 2026.
Dave Portnoy banned influencer Salim Sirur from the 2027 Internet Invitational after extreme intoxication derailed the four-million-dollar championship, highlighting governance risks in monetizing creator-led sports entertainment.

How Studio Marketing Turns Star Power into Box Office Gold

How Studio Marketing Turns Star Power into Box Office Gold

London, Saturday, 14 November 2026.
Ahead of its December 2026 release, Warner Bros. is pairing charity pranks with brand deals like CeraVe to maximize audience reach and protect theatrical margins against fierce blockbuster competition.

Did Circular Deals Prop Up the Artificial Intelligence Boom?

Did Circular Deals Prop Up the Artificial Intelligence Boom?

Santa Clara, Saturday, 14 November 2026.
Nvidia faces allegations of artificially prolonging processor scarcity by committing hundreds of billions to venture-backed startups that pledged to buy surplus chips major cloud providers no longer wanted.

Why Spotify Hired an NBA Superstar to Curate Your Next Playlist

Why Spotify Hired an NBA Superstar to Curate Your Next Playlist

New York City, Saturday, 14 November 2026.
Spotify named two-time NBA MVP Shai Gilgeous-Alexander its first-ever guest editor, leveraging athlete influence through a monthly curated 50-track playlist to deepen user engagement and drive culture-led streaming growth.

SpaceX Cuts Video Generation Staff to Prioritize High-Yield AI Coding Tools

SpaceX Cuts Video Generation Staff to Prioritize High-Yield AI Coding Tools

Austin, Saturday, 14 November 2026.
Facing steep compute expenses, SpaceX eliminated roughly 60 roles from its Grok Imagine video unit to focus capital on automated coding and profitable enterprise software.