Topic
corporate strategy
60 stories related to this topic, newest first.
The Vergetechnology12 hrs ago
OnePlus to Leave US and European Markets, Oppo to Announce
OnePlus and parent Oppo plan to announce the brand's exit from the US and Europe within days. The move follows repeated reports of staff departures and operational reviews since January.
rte.ieworld16 hrs ago
Volkswagen plans to cut 100,000 jobs
Volkswagen is considering cutting up to 100,000 positions, including 50,000 additional roles, according to an internal memo from its chief executive. The automaker faces pressure from a competitive car market and its stock has reached a 16-year low.
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benzinga.combusiness7 days ago
Cracker Barrel Reports Higher Revenue and Raises Annual Outlook
The restaurant chain posted better-than-expected revenue in its latest quarter and increased its full-year forecast. Shares have risen 100 percent this year after the company reversed earlier design and menu changes.
winnipegfreepress.comfinance9 days ago
Ride-hailing company delays food delivery expansion in five markets
The company will not enter five of seven planned new markets this year. Officials cited a shift in priorities while pursuing another acquisition.
fonearena.comfinance12 days ago
Microsoft plans third layoff round in a year, targeting under 5,500 roles
The company will cut fewer than 5,500 positions next week from sales, consulting, and Xbox units. The reductions follow two prior rounds totaling 15,000 jobs since May 2025.
CoinDeskbusiness14 days ago
Strategy Adopts Digital Credit Framework With $2 Billion Buybacks and 12% Dividend
Strategy approved a Digital Credit Capital Framework on June 29 authorizing up to $1 billion each in preferred securities and Class A common stock repurchases. The company also raised its preferred stock dividend rate to 12 percent effective July 1.
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Yonhapworld15 days ago
Samsung Group Says It Will Broaden Use of Existing 3.5 Trillion Won Supplier Fund
Samsung Group said Monday it will increase financial support for suppliers and help roughly 6,700 partners expand overseas. The steps form part of efforts to build sustainable growth across its supply chain.
business15 days ago
Coinbase CEO Outlines Five Steps to Cut AI Spending While Raising Usage
Coinbase CEO Brian Armstrong detailed five tactics to lower AI costs on Friday. The steps include defaulting to cheaper open-weight models from Chinese labs and giving engineers visibility into their token spend. Business Insider reported the post came less than two months after…
thehindu.combusiness17 days ago
Equinor to End Japan Offshore Wind Work but Keep Other Japan Investments
Equinor announced on June 26, 2026, that it is exiting Japan's offshore wind market. The Norwegian company will close its Tokyo office by the end of 2026 and redirect efforts toward integrated power markets.
pymnts.comai22 days ago
Anthropic CEO Discusses Business Model Alignment With Values
Anthropic CEO Dario Amodei stated in a Bloomberg interview that companies should avoid business models conflicting with their values. The remarks address corporate decision-making in the artificial intelligence sector.
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bstrategyhub.comtechnology24 days ago
Allbirds Sells Shoe Business for $43 Million, Raises $100 Million, and Renames to Smartbird to Enter AI Infrastructure
The former shoe company sold its business, raised $100 million, and named Nadia Carlsten CEO to build single-tenant AI compute clusters.
newser.comai26 days ago
Allbirds Renames to Smartbird and Names New CEO
Allbirds changed its name to Smartbird and appointed Nadia Carlsten as CEO. The move follows an earlier rebrand and asset sale as the company shifts focus to AI infrastructure.
washingtonpost.combusiness27 days ago
Hays Sells Operations in Six European Countries, Reviews Seven More Markets
Recruitment firm Hays completed the sale of businesses in six European countries to Meraki Capital. The company is reviewing operations in seven additional markets as it narrows focus to 16 core countries amid slower hiring conditions.
bstrategyhub.combusiness27 days ago
Leaked Volkswagen Survey Shows All Nine Board Members Back Radical Strategy Change
All nine board members back a radical strategy shift and criticize the company's approach in China and North America, according to an internal survey obtained by @FirstSquawk.
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foxnews.combusiness30 days ago
GM Shuts Down Cruise Robotaxi Unit and Shifts Autonomy Work to Personal Vehicles
General Motors ended its dedicated robotaxi division in 2024 after spending $10 billion. The company is now directing resources toward Super Cruise and plans eyes-off highway driving in 2028.
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business30 days ago
General Motors Ends Cruise Robotaxi Unit and Shifts Resources to Personal-Vehicle Autonomy Features
GM spent $10 billion on Cruise before shutting the robotaxi business in 2024. The company now plans eyes-off highway driving for 2028 and says the technology could later support robotaxi services.
Substrate placeholder — needs reviewworld32 days ago
SK hynix Reviews External AI Tools Including Microsoft Copilot and ChatGPT
CEO Kwak Noh-jung said Thursday the company will introduce external generative AI in non-core areas while maintaining security safeguards. The move follows Samsung Electronics' announcement earlier this week.
business33 days ago
Paramount Merges Streaming Teams, Hires AI and Ad Executives, and Prepares to Redeploy Product Staff
Paramount merged technical streaming teams in March and hired three former Google and Amazon executives. The moves come as the company advances its convergence project ahead of a potential Warner Bros. Discovery acquisition.
Bloombergworld33 days ago
MTN to Spin Off Nigeria and Uganda Fintech Units as Part of Mobile-Money Reorganization
MTN is separating its Nigerian and Ugandan financial-technology operations to open minority stakes to Mastercard and other buyers.
businesstoday.infinance35 days ago
Bank CEO Says Firm Would Remain in Acquisition Bid If Rival Offer Emerges
A bank chief executive stated the company would continue pursuing a takeover if a competing bid appears. The executive also addressed the structure of the offer and another potential target.
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cnet.comai35 days ago
Samsung to Roll Out Generative AI Across All Affiliates and Operations Starting June 2026
The company will roll out external generative AI tools to every affiliate this month and apply the technology to eight core business functions under direct oversight from affiliate CEOs.
videogameschronicle.comai35 days ago
Microsoft AI CEO says superintelligence is near and partnership with OpenAI has evolved
Microsoft AI CEO Mustafa Suleyman said the company restructured its AI operations after a new contract with OpenAI last October. He said Microsoft is now training its own frontier models and building a dedicated superintelligence team.
technology26 days agoUpdated
Intel Shares Rise 15% After Report Google, Nvidia Considering It as Backup Chip Supplier
The Information reported that Google and Nvidia are considering Intel as a backup chip manufacturer. Intel stock rose 15 percent after the disclosure.
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+2ai36 days ago
Apple Reorganizes AI Efforts and Accelerates Siri Overhaul Following 2025 Review
Bloomberg reported that Apple executives held emergency discussions in early 2025 over lagging AI development. The company is now accelerating efforts on a more conversational Siri and related features.
Benzingaai36 days ago
OpenAI to Release Largest Model Upgrade Since Launch, Turning ChatGPT Into Integrated Superapp
OpenAI plans to convert its app into a superapp with coding and AI-agent tools. The move comes ahead of a planned IPO and amid competition from Anthropic.
technology36 days ago
Intel CEO outlines CPU focus as AI demand shifts
Intel's new leadership has cut 34 percent of staff and secured an $8.9 billion U.S. government investment. The company now sees rising demand for central processing units to run AI inference tasks.
finance37 days ago
All In FutureTech Alliance Updates Hainan Digital Park and Silicon Photonics Plans
The company outlined progress on a proposed industrial park in Hainan and integration with Southeast Asian fiber networks. Discussions with local government officials focused on project planning and policy support.
ai38 days ago
Palantir CEO Alex Karp Criticizes 'Tokenmaxxing' as AI Usage Culture Faces Pushback in Silicon Valley
Alex Karp made the remarks during a live interview at Palantir's AIP Con 10. He said the practice resembles an addiction and that large language models alone cannot solve complex business problems.
winnipegfreepress.comfinance38 days ago
Saputo Reports $4.2 Billion Q4 Revenue, Plans Argentina Division Sale
Saputo recorded fourth-quarter revenue of $4.2 billion and adjusted EBITDA of $386 million. The company signed an agreement to sell an 80 percent stake in its Argentinian operations and raised its capital-spending target for fiscal 2027.
rediff.comworld39 days ago
Smith & Nephew CEO Deepak Nath Defends Multi-Business Strategy
Deepak Nath, CEO of Smith & Nephew, outlined the company's RISE three-year plan and defended its portfolio approach. He described how the firm adapted after external pressures including inflation, supply disruptions, and reduced China revenue.
nbcnews.comai39 days ago
Airbnb to Keep Current Leadership While Starting AI Research Unit
The company plans to retain its existing chief executive and create a new artificial-intelligence laboratory that is still in the initial funding phase. No timeline for the lab's launch or staffing details were provided.
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forbes.combusiness40 days ago
Semrush Survey: Only 22% of US Marketers Have Fully Integrated AI Search Into SEO Strategy
A Semrush poll of 481 US marketers shows most companies lack unified plans for AI-driven search visibility, with internal silos cited as a key barrier.
calgaryherald.combusiness41 days ago
Elliott Takes $718M Stake in Northern Star Resources, Urges Sale or Strategic Review
The hedge fund disclosed a stake exceeding AUS$1 billion and urged a strategic review of the Australian gold miner, citing repeated missed guidance and peer underperformance.
medium.comai42 days ago
SoftBank CEO Masayoshi Son Predicts Humanoid Robotics Will Be Next Trillion-Dollar Industry
Masayoshi Son said physical AI underpins both humanoid and industrial robotics. He described the current AI wave as 50 times larger than the dot-com boom.
Fortunefinance44 days ago
Delta’s Premium Revenue Approaches Main Cabin Revenue After 14% Quarterly Increase
Delta’s premium cabin is on track to surpass main cabin revenue for the first time in the airline’s 101-year history. The carrier now earns 20% more per seat than U.S. peers as diversified revenue streams reach 62% of total income.
theedgemarkets.comtechnology46 days ago
Nikon CEO Says Company Will Offer Lower-Cost Chipmaking Equipment
Nikon plans to compete with ASML by developing lower-cost semiconductor manufacturing tools. The announcement was reported by Nikkei.
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nationalobserver.comworld46 days ago
BHP Keeps Fossil Fuel Investments
BHP continues to hold positions in coal and oil while other mining companies increase spending on copper and battery metals. The approach has drawn attention from investors focused on long-term returns.
upi.comworld47 days ago
United Airlines CEO Says Carrier Lacks Partner for Major Deal
United Airlines will not join industry consolidation in the near term, its chief executive stated. The airline currently has no willing partner for a large-scale transaction.
foxbusiness.comai47 days ago
Meta CEO Says Cloud Computing Business Remains an Option
Mark Zuckerberg stated at the company's annual shareholder meeting that Meta could enter the cloud computing market if it builds excess data-center capacity. The company also announced plans to test paid subscriptions for its Meta AI service.
marketwatch.comfinance47 days ago
Meta president with Goldman Sachs background meets U.S. officials on AI
A Meta executive who previously worked at Goldman Sachs and served as deputy national security advisor is using long-standing relationships in Washington to strengthen the company's position. The effort comes as Meta focuses resources on artificial intelligence development.
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insurancejournal.comfinance49 days ago
Santos Plans Expanded Oil and LNG Output in Australia, Alaska, Papua New Guinea
Santos said it will focus investment on crude oil and natural gas production in three regions. The company recently began output at its Pikka field in Alaska and approved a gas project expansion in Papua New Guinea.
flipboard.combusiness53 days ago
Toby Neugebauer Outlines 75-Day Plan to Maximize Value at Fermi
Toby Neugebauer presented a 75-day plan to evaluate strategic options for Fermi Inc. The proposal includes electing a new board to review a potential sale or partnership alongside a standalone tenant plan.
New York Postfinance53 days ago
Victoria’s Secret to Change Stock Ticker to VSXY on June 2
Victoria’s Secret announced it will replace its VSCO ticker with VSXY on the New York Stock Exchange. The change follows a period of brand adjustments after earlier sales declines.
en.antaranews.comworld53 days ago
Stellantis to Focus Investments on Four Core Brands
Stellantis announced it will concentrate future investments on four core brands as part of a plan to improve profitability. Several established marques will receive reduced resources under the new strategy.
thehindu.comfinance53 days ago
Stellantis to Allocate 70 Percent of Brand Budget to Jeep, Ram, Peugeot and Fiat
Stellantis plans to direct 70 percent of its brand and product budget to four core global brands. A separate plan for Maserati is scheduled for release in December 2026.
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thedrive.comfinance53 days ago
Stellantis Unveils Fastlane 2030 Strategy for Vehicle Lineup
Stellantis announced a new corporate plan called Fastlane 2030 that emphasizes brand management, capital investments, and manufacturing improvements. The company said it will introduce 60 new vehicles and refresh 50 existing models, including battery electric and plug-in hybrid v…
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Cnbcfinance53 days ago
Stellantis Announces 60 Billion Euro Investment Plan Through 2030
Stellantis said it will invest 60 billion euros over five years to launch more than 60 new vehicles and refresh 50 models. The automaker also targets annual cost savings of 6 billion euros and positive free cash flow by 2028.
thehindubusinessline.comfinance54 days ago
Codelco Plans to Integrate Three Copper Mines for $2 Billion in Savings
Codelco announced plans to combine operations at three copper mines to generate $2 billion in combined cost savings and new revenue. The state-owned Chilean company is addressing stagnating output and rising debt.
finance.yahoo.comworld54 days ago
PepsiCo Plans Price Increases on Some Smaller Chip Bags
PepsiCo is preparing to raise prices on selected smaller bags of chips. The move follows earlier reductions on larger packages after consumer complaints about costs.
oneindia.comfinance54 days ago
Meta CEO Tells Employees No Further Company-Wide Layoffs Expected This Year
Meta CEO Mark Zuckerberg informed employees in an internal memo that the company does not expect additional company-wide layoffs in 2026. The statement follows earlier workforce reductions at the technology firm.
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The Independentai54 days ago
Standard Chartered Plans to Cut 7,800 Jobs by 2030 While Increasing AI Use
Standard Chartered announced plans to reduce around 7,800 positions as it expands artificial intelligence across operations. The bank aims to raise return on tangible equity above 15 percent by 2028.
cnbc.comfinance56 days ago
FedEx Initiates Position in Charitable Trust After Memphis Visit
CNBC.com reported that Jim Cramer's Charitable Trust purchased 100 shares of FedEx at approximately $370 per share. The move followed a visit to the company's Memphis hub and an interview with its chief executive.
caranddriver.comtechnology60 days ago
Honda Delays EV Targets, Shifts Focus and Resources to Hybrid Models Through 2030
The automaker revealed two hybrid prototypes during its annual business briefing and outlined plans to launch 15 next-generation hybrid models by 2030, primarily in North America. Honda is dropping previous EV sales goals for 2030 and 2040 while reallocating resources to hybrids…
The Vergeai60 days ago
Microsoft to Cancel Most Claude Code Licenses by End of June
Microsoft will remove most Claude Code licenses at the end of its financial year on June 30 and transition developers in its Experiences + Devices group to GitHub Copilot CLI. The company began offering Claude Code to thousands of employees in December as an experiment to encoura…
benzinga.comfinance60 days ago
Networking Company to Cut Less Than 5 Percent of Workforce
The company will reduce its headcount by less than 5 percent as it shifts resources toward high-growth areas. The move is intended to realign staff with priorities including artificial intelligence, silicon, optics and security. The Wall Street Journal first reported the planned…
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technology61 days ago
LinkedIn Cuts Jobs, Closes Austria Office and Shifts Content/Research Teams to Shared Service Model
LinkedIn said it is laying off employees and scaling back some investments as part of organizational shifts aimed at creating more agile teams. CEO Daniel Shapero and chief people officer Hari Srinivasan outlined changes to product operations, content design, user research and le…
teslarati.comai61 days ago
HubSpot Says All Engineers Now Use AI After Phased Rollout
HubSpot reported that 100% of its engineers and 94% of all employees use AI in their workflows. The company achieved the result through a three-part phased rollout that began in 2023 without any mandates. Officials said the approach produced a 73% increase in lines of code update…
nypost.comworld62 days ago
Target to Replace All 500,000 Shopping Carts With New All-Plastic Design
The retailer is overhauling its fleet as part of a broader turnaround plan under new CEO Michael Fiddelke. The new carts feature improved capacity, smoother rolling and redesigned child seats. The move comes as surveys show shoppers frustrated by empty shelves, long lines and inc…
wwd.comworld62 days ago
JD Sports to Optimize Hibbett Portfolio With Closures of Underperforming Stores
The British retailer, which acquired the Alabama-based chain for $1.1 billion in 2024, has already reduced Hibbett's store count from 999 to 982. Executives cited the need for fewer, larger locations that support greater investment in technology and customer experience. The closu…
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finance63 days ago
Shell Plans to Sell French Service Station Network
Shell intends to sell its network of about 60 service stations in France with a deal that could close in early 2027. The company expects to secure a buyer during the third quarter of 2026. The stations operate under concession contracts and generated an operating profit of $127.5…