latest news in companies
XeleratedFifty Acquires Terrascope to Advance Global Supply Chain Sustainability
Singapore, Friday, 27 February 2026.
Boasting a 100% SBTi validation rate, Terrascope joins XeleratedFifty to scale AI-driven carbon management, helping enterprises navigate complex supply chains and tightening global regulations.
STMicroelectronics Deploys Technology to Standardize Smartphone-Based Digital Access
Geneva, Friday, 27 February 2026.
Leveraging the newly released Aliro 1.0 standard, STMicroelectronics now provides the essential infrastructure to transform smartphones into universal, secure digital keys for immediate industry adoption.
Netflix Withdrawal Sparks Senate Showdown Over Paramount’s Warner Bros. Takeover
Washington D.C., Friday, 27 February 2026.
Netflix has officially abandoned its pursuit of Warner Bros. Discovery, conceding the media giant to David Ellison’s Paramount Global after refusing to match a superior $31-per-share counterbid. While the market cheered the withdrawal—sending Netflix shares surging 15%—the focus has immediately shifted to Washington. Senator Cory Booker has summoned Ellison to testify before the Senate Antitrust Subcommittee on March 4, escalating scrutiny over consolidation in Hollywood. The deal, valued at over $110 billion including debt, faces a complex political landscape: while Democrats probe the merger’s antitrust implications, Ellison’s recent appearance at the State of the Union alongside Trump allies suggests a strategic pivot to court conservative regulators. With a shareholder vote set for March 20, the acquisition now hinges on navigating this intense legislative pressure.
Duolingo Shares Fall 22% as Weak Future Guidance Overshadows Revenue Growth
Pittsburgh, Thursday, 26 February 2026.
Despite 35% revenue growth, Duolingo shares crashed 22.5% as disappointing 2026 guidance overshadowed strong fourth-quarter results, signaling investor caution regarding future tech profitability.