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28 June 2026

Corporate Power

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Latest in Corporate Power
Quantic Dream Employees Strike to Prevent Star Wars Eclipse Layoffs and Project Collapse
Corporate Power

Quantic Dream Employees Strike to Prevent Star Wars Eclipse Layoffs and Project Collapse

Quantic Dream workers staged a strike demanding the reversal of planned layoffs that threaten both their jobs and the future of the unfinished Star Wars Eclipse game.

Elon Musk Targets Acquisition of SpaceX-Linked Optics Startup to Boost AI Infrastructure
Corporate Power

Elon Musk Targets Acquisition of SpaceX-Linked Optics Startup to Boost AI Infrastructure

Elon Musk seeks to acquire Mesh Optical Technologies, a SpaceX-founded optics startup, deepening his influence over AI data center components amid swift FTC antitrust scrutiny.

OpenAI Mulls Postponing IPO Following SpaceX Market Performance
Corporate Power

OpenAI Mulls Postponing IPO Following SpaceX Market Performance

OpenAI is reportedly considering delaying its initial public offering to next year after evaluating SpaceX’s recent stock market debut and its implications.

Apple hikes prices on Macs and iPads amid rising AI-driven component costs
Corporate Power

Apple hikes prices on Macs and iPads amid rising AI-driven component costs

Apple raised prices on multiple Macs, iPads, and home devices due to soaring AI-related memory and storage expenses, marking an unusual mid-cycle adjustment.

OpenAI Considers Postponing IPO Amid Market Volatility and Investor Skepticism
Corporate Power

OpenAI Considers Postponing IPO Amid Market Volatility and Investor Skepticism

OpenAI reportedly plans to delay its initial public offering until next year as market turbulence and SpaceX’s post-IPO decline raise concerns about investor demand.

Hub International Moves Closer to US IPO with Confidential SEC Filing
Corporate Power

Hub International Moves Closer to US IPO with Confidential SEC Filing

Hub International, one of North America’s largest insurance brokers, filed confidentially for a US initial public offering, signaling progress toward a public market debut.

Framework Ventures Launches $400 Million Fund to Back Blockchain, AI, and Robotics Innovations
Corporate Power

Framework Ventures Launches $400 Million Fund to Back Blockchain, AI, and Robotics Innovations

Framework Ventures has raised $400 million in a fourth fund, broadening its focus to include artificial intelligence and robotics alongside blockchain technologies.

China’s Tech IPO Market Gains Momentum as Government Prioritizes AI and Semiconductor Firms
Corporate Power

China’s Tech IPO Market Gains Momentum as Government Prioritizes AI and Semiconductor Firms

China’s tech initial public offerings have surged with nearly 50 companies filing, supported by Beijing’s strategic push into AI and semiconductor sectors.

Firefly Aerospace Expands Autonomous Space Tech with Acquisition of AI Navigation Firm
Corporate Power

Firefly Aerospace Expands Autonomous Space Tech with Acquisition of AI Navigation Firm

Firefly Aerospace has acquired Space-ng to bolster autonomous navigation and vision systems for upcoming lunar, Mars, and national security missions.

ByteDance Pursues $20 Billion Offshore Loan to Ramp Up AI Investments
Corporate Power

ByteDance Pursues $20 Billion Offshore Loan to Ramp Up AI Investments

ByteDance is negotiating its largest-ever $20 billion offshore loan to expand spending on AI data centers, chips, and infrastructure amid escalating technology competition.

BitGo Cuts 15% of Workforce to Refocus on Trading, Stablecoins, and AI
Corporate Power

BitGo Cuts 15% of Workforce to Refocus on Trading, Stablecoins, and AI

BitGo has laid off nearly 15% of its staff as part of a strategic shift toward trading, stablecoins, settlement, and AI-driven infrastructure within the crypto industry.

Albertsons Integrates Sponsored Ads into AI-Powered Grocery Search for Seamless Shopping
Corporate Power

Albertsons Integrates Sponsored Ads into AI-Powered Grocery Search for Seamless Shopping

Albertsons partners with Criteo to embed sponsored products within its AI conversational search, enhancing product discovery and advertiser reach at critical purchase moments.