EA Announces Another Wave of Layoffs Amid Organizational Restructuring
Electronic Arts is cutting jobs across multiple departments as it adjusts its operations to better align with shifting player demands, according to insider reports.
Corporate Power
Latest in Corporate Power
Corporate Power
Corporate Power
MoonPay Expands into AI-Driven Finance with Entendre Acquisition
MoonPay has acquired Entendre to integrate AI accounting agents into stablecoin finance operations, aiming to streamline and automate complex workflows for high-volume businesses.
Corporate Power
Lucid Motors Cuts 18% of Workforce and Eliminates COO Role to Streamline Operations
Lucid Motors announced an 18% workforce reduction and the elimination of its COO position amid efforts to align production with demand and reduce costs.
Corporate Power
SpaceX Expands Capital Strategy with Bond Market Entry Amid AI and Starship Investments
Shortly after a major IPO, SpaceX issued its first senior unsecured notes to secure long-term financing for AI and rocket projects, signaling a shift toward sustained industrial growth.
Corporate Power
Adam Schiff Questions Legitimacy of DOJ Investigation into Governor Gavin Newsom
Senator Adam Schiff expressed skepticism about the Department of Justice probe into Governor Gavin Newsom, highlighting past abuses under previous administrations.
Corporate Power
SharkNinja’s CEO Launches Company-Wide AI Hackathon to Accelerate Innovation
SharkNinja halted regular operations for four days to immerse employees in an AI hackathon, aiming to bridge skill gaps and boost creativity across all levels.
Corporate Power
SanDisk Innovates with NAND and Compute Chip Integration Amid HBM Supply Constraints
Facing critical high-bandwidth memory shortages, SanDisk proposes stacking NAND Flash and compute units on a single chip to boost AI and HPC performance.
Corporate Power
Santander Expands AI Access to All Employees Aiming for $1.15 Billion Business Boost
Santander rolls out artificial intelligence tools to its entire workforce of 185,000, targeting over $1 billion in business value through enhanced efficiency and customer experience.
Corporate Power
Lawsuit Alleges Toyota Charity Misused EV Project to Benefit For-Profit Startup
A nonprofit suing Toyota claims its electric vehicle concept for African farmers was transferred without consent to a Kenyan startup backed by a Toyota-affiliated foundation.
Corporate Power
Sony Shifts Focus from PC Releases to AI Integration in Latest Strategy Report
Sony’s recent business report omits plans for PC game releases while emphasizing expanded AI use to boost development and personalize the PlayStation experience.
Corporate Power
Elastic Strengthens Reliability Tools with Acquisition of Deductive AI
Elastic has expanded its troubleshooting capabilities by acquiring Deductive AI, a startup offering AI-driven fault diagnosis for tech infrastructure, in a deal reportedly up to $85 million.
Corporate Power
Chinese Military-Linked Investors Secretly Acquired SpaceX Stakes Before IPO
A newly revealed investor list shows that individuals connected to Chinese military contractors purchased stakes in SpaceX prior to its IPO, raising concerns about sensitive technology access.