Several Chinese corporations and Adidas are granting employees a full or half day off next Monday to watch the Fifa World Cup final between Spain and Argentina at MetLife Stadium, with Adidas celebrating its sponsorship of both teams.
A poll shows 69% of Americans want AI firms to transfer 50% of their stock to a public sovereign wealth fund, amid tech layoffs and corporate profit growth. Senator Bernie Sanders has proposed similar legislation.
Palantir has released a nine-point manifesto advocating "AI sovereignty," urging corporations to retain proprietary data in-house rather than outsourcing to commercial Large Language Model (LLM) providers. CEO Alex Karp criticized "tokenmaxxing" and the untrustworthiness of elite AI labs.
US Vice President JD Vance faced backlash for stating his Catholic faith supports opposing "low-wage foreigners" due to concerns about undercutting American workers' wages. Critics pointed out his wife, Usha Vance, is a practicing Hindu of Indian-American heritage.
US Vice President JD Vance faced backlash for stating his Catholic faith opposes "low-wage foreigners" entering the US, with critics highlighting his wife's Hindu faith and questioning his interpretation of Christian teachings. Vance argued his faith supports policies prioritizing American workers' dignity.
German startups are entering the burgeoning nuclear fusion market, aiming to compete with US and Chinese dominance. Despite significant investment in other nations, Germany's strong research ecosystem and laser-based technology offer potential advantages. A prototype reactor is planned for 2037, with commercial plants by the early 2040s.
Dell Technologies shareholders overwhelmingly approved moving the company's legal base from Delaware to Texas, with 97% voting in favor. CEO Michael Dell expressed pride in the move, citing Texas's talent and environment. This follows a trend of companies relocating to Texas for its business-friendly climate.
Royalty Pharma, the world's largest biopharmaceutical royalty buyer, established its first Asia-Pacific base in Hong Kong. This move aims to capitalize on record Chinese biotech out-licensing deals and offers an alternative financing method amidst US investment restrictions and geopolitical uncertainties.
97% of Dell Technologies shareholders approved relocating the company's legal base from Delaware to Texas, aligning with its headquarters and largest US employee base.
Dell Technologies shareholders approved moving the company's legal base from Delaware to Texas with 97% approval, aligning its legal home with its Austin headquarters and largest employee base, following similar moves by other tech and energy giants.
Major global corporations, including Amazon, AirTrunk, ABB, CPP Investments, Saint-Gobain, and Google, are committing billions of dollars in new investments to India. These commitments, totaling over $100 billion, signal India's increasing importance as a long-term growth market for cloud computing, AI, digital infrastructure, and manufacturing, despite global economic uncertainties.
Google whistleblower Zach Vorhies claims AI corporations like OpenAI and Anthropic have scraped internet data to create monopolies, aided by the US government's 'lawfare' against free alternatives. He suggests Chinese AI firms might challenge this dominance by driving down costs.
US seed patents, allowing corporations to control over 70% of corn and soybean seed sales, are stifling innovation and diverting taxpayer subsidies intended for farmers into corporate profits. The DOJ has stated these patents obstruct competition and research in agriculture.
Tunisia's approval of five renewable energy concessions to foreign multinationals is criticized for deepening energy dependency and transferring public wealth, rather than solving the country's $3.8bn energy deficit. Critics argue for public control, domestic industrial capacity, and regional cooperation.
Le président argentin Javier Milei propose de créer une nouvelle catégorie légale, la "corporation non humaine", pour les entités opérées par IA. Ce projet vise à faire de l'Argentine un eldorado de l'IA avec une fiscalité avantageuse et une responsabilité limitée.
Elon Musk, the world's wealthiest man, commands a sprawling business empire including SpaceX, Tesla, Neuralink, The Boring Company, and X (formerly Twitter). SpaceX recently debuted on Wall Street with the largest IPO in history, despite financial losses, while Tesla faces EV competition. Other ventures focus on AI, brain-computer interfaces, and tunneling.
Russian large companies are increasingly sourcing software, tech products, and components from SMEs, a trend discussed at SPIEF 2026. This shift aims to boost the SME sector's contribution to GDP, which is currently around 20%, significantly lower than in the US.
Colorado Governor Jared Polis vetoed a bill that would have banned companies from using surveillance pricing for wages and consumer goods, citing it as overly broad. Consumer advocates expressed disappointment, while business groups supported the veto.
Russian large companies are increasingly sourcing software, tech products, and components from SMEs, a trend discussed at SPIEF 2026. This shift aims to boost the SME sector's contribution to GDP, which lags behind its employment share.
Economist Mariana Mazzucato's new book proposes a "new economics of collective action" for "mission-led government," advocating for an economy aligned with the common good, rather than just chasing profit. She critiques current economic models and suggests radical reforms for equitable value sharing and public benefit.
The Congressional Black Caucus called on over 250 major U.S. corporations to oppose Republican-led redistricting efforts aimed at eliminating majority-Black U.S. House districts, citing these as attempts to silence Black voices at the ballot box.
17 local development corporations, including Seoul Housing & Communities Corporation (SH), have launched the 'Local Development Corporation Public Project Council' to jointly address common issues in public project compensation, relocation, and conflict management. SH will serve as the first chairman.
The Senate Banking Committee is set to markup the Clarity Act, a comprehensive crypto market structure bill, amidst intense lobbying from both the crypto industry and traditional financial institutions, particularly over stablecoin regulations.
The administration of US President Donald Trump is inviting American CEOs from Boeing, Mastercard, Citigroup and other major corporations to join his delegation to China next week, according to multiple sources. Trump is visiting China on May 14 and 15 after his scheduled visit for March 31 was postponed following the US-Israeli strikes on Iran. Boeing, Mastercard and Citigroup declined to comment, but sources said several CEOs had received invitations from the White House. A full list of...
