latest news in companies

SpaceX Prepares to Launch New Military Communication Satellites

SpaceX Prepares to Launch New Military Communication Satellites

Washington, Saturday, 10 October 2026.
SpaceX is launching 21 defense satellites to expand the Pentagon’s space network, enhancing real-time global communication and missile tracking for military operations.

Teva Stock Reaches New High Following Approval for Breakthrough Schizophrenia Treatment

Teva Stock Reaches New High Following Approval for Breakthrough Schizophrenia Treatment

Tel Aviv, Saturday, 10 October 2026.
Teva Pharmaceutical shares surged to a 52-week high of $42.02 following FDA approval of Weltruza, the first once-monthly under-the-skin schizophrenia treatment requiring no post-injection monitoring.

Samsung Cuts Smartphone Production as Soaring Chip Costs Eliminate Profits

Samsung Cuts Smartphone Production as Soaring Chip Costs Eliminate Profits

Seoul, Saturday, 10 October 2026.
Samsung is reducing smartphone production by up to 30% in late 2026 as a 175% surge in memory chip prices eliminates profits across its mobile device lineup.

NASA Invites Private Companies to Build Next Generation of Space Stations

NASA Invites Private Companies to Build Next Generation of Space Stations

Washington, Saturday, 10 October 2026.
NASA officially invited private industry to submit proposals for commercial space stations to replace the aging ISS by 2030, offering selected companies at least $100 million in guaranteed funding.

Microsoft Chief Urges Human Shutdown Controls for Powerful Artificial Intelligence

Microsoft Chief Urges Human Shutdown Controls for Powerful Artificial Intelligence

Redmond, Sunday, 11 October 2026.
Microsoft CEO Satya Nadella wants emergency kill switches on advanced artificial intelligence, warning that companies must treat powerful models like potential insider threats to prevent rogue actions.

Pentagon Execution Plan Triggers Policy Dilemma for Streaming Platforms

Pentagon Execution Plan Triggers Policy Dilemma for Streaming Platforms

Washington, Friday, 9 October 2026.
Major tech platforms remain silent as the U.S. government plans to livestream the December execution of Fort Hood shooter Nidal Hasan, raising complex content policy issues.

New PFAS-Free Solvent Launch Helps Manufacturers Replace Phased-Out 3M Cleaning Stock

New PFAS-Free Solvent Launch Helps Manufacturers Replace Phased-Out 3M Cleaning Stock

Minneapolis, Friday, 9 October 2026.
Best Technology launched a PFAS-free cleaning solvent today, offering electronics and medical device manufacturers a critical alternative as stockpiles of discontinued 3M Novec fluids run out.

Paramount Expands Franchise Strategy With New Avatar Animated Series

Paramount Expands Franchise Strategy With New Avatar Animated Series

Los Angeles, Friday, 9 October 2026.
Paramount+ has ordered “Avatar Kuruk: Wave of Chaos,” leveraging established intellectual property to drive streaming subscriber growth through the franchise’s first action-comedy installment.

Folio3 Shifts Focus to Help Manufacturers Connect Online Storefronts directly with Back-Office Systems

Folio3 Shifts Focus to Help Manufacturers Connect Online Storefronts directly with Back-Office Systems

San Mateo, Friday, 9 October 2026.
Folio3 eCommerce has sharpened its focus on enterprise B2B integrations, helping manufacturers link storefronts directly to back-office ERPs—a strategy that previously boosted client sales values by up to 2.3 times.

Hurricane Isaias Hits Gulf Coast, Threatening Power Outages and Offshore Energy

Hurricane Isaias Hits Gulf Coast, Threatening Power Outages and Offshore Energy

Tallahassee, Friday, 9 October 2026.
Making landfall on October 9, 2026, record-late Hurricane Isaias shut down 63 percent of Gulf oil production and threatened severe power grid disruption across the U.S. Southeast.