latest news in companies

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.

State Laws Increasingly Force Subscription Companies to Allow Simple Online Cancellations

State Laws Increasingly Force Subscription Companies to Allow Simple Online Cancellations

New York, Saturday, 14 November 2026.
Seventeen U.S. jurisdictions now legally mandate easy online subscription cancellation, intensifying compliance risks for major recurring-revenue platforms facing heightened state enforcement and active federal litigation.

Why Budget Airlines Are Rushing to Add Premium First-Class Cabins

Why Budget Airlines Are Rushing to Add Premium First-Class Cabins

Denver, Friday, 13 November 2026.
Frontier Airlines has launched first-class bookings starting at $129, joining budget competitors in a strategic pivot toward premium seating to capture higher-margin travelers willing to pay for comfort.

Virgin Galactic Faces Severe Selloff Over Funding Dilution

Virgin Galactic Faces Severe Selloff Over Funding Dilution

New York, Friday, 13 November 2026.
With liquidity falling to $184 million against intense quarterly cash burn, a planned $250 million stock offering sent Virgin Galactic shares plunging to new lows ahead of its 2027 launch.

Why United Airlines Is Pushing for a Massive Industry Merger

Why United Airlines Is Pushing for a Massive Industry Merger

Chicago, Friday, 13 November 2026.
United Airlines chief Scott Kirby argues consolidation is necessary as rising costs threaten profitability, projecting that six out of ten domestic carriers will lose money this year.