latest news in companies
Lighthouse Unveils AI Automation Tool to Streamline Hotel Guest Responses
New York, Thursday, 12 March 2026.
Launched today, Lighthouse’s Review Agent automates hotel guest responses using generative AI. Notably, 88% of early replies utilized single-click automation, highlighting a vital shift in modern hospitality management.
VidAu Launches Artificial Intelligence Tools to Convert Single Photos Into Video Advertisements
San Francisco, Thursday, 12 March 2026.
Released today, VidAu’s new tools use advanced artificial intelligence to instantly transform a single product photo into a full-motion video advertisement, revolutionizing how businesses capture social media trends.
Overwatch Co-Creator Jeff Kaplan Unveils Independent Studio Following Ultimatum at Activision Blizzard
Los Angeles, Thursday, 12 March 2026.
Driven away by Activision Blizzard’s threats to lay off 1,000 employees, Overwatch co-creator Jeff Kaplan has launched independent studio Kintsugiyama, debuting a new survival shooter later in 2026.
Job Cuts Hit Electronic Arts' Battlefield Studios Following Landmark Sales Success
Redwood City, Thursday, 12 March 2026.
Despite a historic launch selling seven million copies, Electronic Arts is laying off Battlefield developers, highlighting a strict corporate focus on margin expansion over workforce retention.
Target's $12 Billion Diversity Backlash: Why the Consumer Boycott Persists
Minneapolis, Thursday, 12 March 2026.
A year-long consumer boycott over Target’s diversity program cuts continues despite some organizers declaring victory. Costing the retailer $12 billion, this sustained backlash highlights severe financial and reputational risks.
Puget Sound Energy Requests 30 Percent Rate Hike to Fund Clean Energy Transition
Bellevue, Thursday, 12 March 2026.
Highlighting the rising cost of going green, Puget Sound Energy is requesting a 30 percent rate increase in Washington, citing state clean energy mandates as the primary financial driver.
Microsoft Unveils Project Helix: A First Look at the Next-Generation Xbox
San Francisco, Thursday, 12 March 2026.
Microsoft unveiled Project Helix, its next-generation Xbox. Powered by a custom AMD chip, this upcoming console aims to disrupt the market by seamlessly playing both PC and console games.