Enterprise
* Tesla shareholders have voted to approve CEO Elon Musk's nearly $1 trillion compensation plan, a package previously voided by a Delaware court. * The controversial proposal passed with a significant 75% majority, defying recommendations from top proxy advisory firms Glass Lewis and ISS. * The pay package is tied to
Enterprise
* Market Underperformance: Salesforce (CRM) has significantly lagged the broader market, dropping 24.4% year-to-date while the S&P 500 has climbed 15.6%. * Guidance Concerns: Despite beating Q2 2026 earnings expectations, the stock price fell after the company issued a weaker-than-expected revenue forecast for the third quarter. * Analyst Optimism:
Enterprise
* The U.S. stock market saw a significant downturn, with the tech-heavy Nasdaq Composite falling 1.5% and the S&P 500 dropping 0.9%. * The decline was primarily driven by a sell-off in major artificial intelligence (AI) stocks amid growing concerns over their extremely high valuations. * Key AI
Enterprise
* Peloton is recalling 833,000 of its original Bike+ models because the seat post can break and detach during use. * The company has received two reports of injuries, including one fractured wrist, resulting from falls caused by the defect. * The U.S. Consumer Product Safety Commission (CPSC) is urging all
Chips
* SoftBank Group Corp. explored a potential takeover of U.S. chipmaker Marvell Technology Inc. earlier this year. * If completed, the acquisition would have been the largest deal in the history of the semiconductor industry. * Discussions ultimately failed several months ago after the two parties could not agree on terms. * The
Enterprise
* Netflix's ad-supported tier reached over 190 million monthly active viewers (MAVs) in October, according to a new company metric. * The company is replacing its previous 'monthly active users' (MAUs) metric to better account for multiple viewers per household, a move designed to appeal to advertisers. * This
Games
* Eagle-eyed fans have discovered a major teaser for Marvel Rivals' upcoming Season 5. * Fan-favorite X-Men characters Gambit and Rogue were spotted in the background of official artwork. * The image is a direct nod to their iconic romance from the 1992 X-Men comics. * Season 5 of the highly anticipated hero
Enterprise
* International Business Machines Corp. (IBM) has confirmed it will cut thousands of jobs in the fourth quarter. * The layoffs will affect a "low single-digit percentage" of its global workforce as the company realigns its strategy. * This move is part of IBM's broader strategy to shift its
Games
* A Visual Showcase: Hyrule Warriors: Age of Imprisonment is a Switch 2 exclusive that powerfully demonstrates the new console's graphical capabilities. * Prequel Story: The game serves as a direct prequel to Tears of the Kingdom, delving into the origins of Ganondorf's evil in ancient Hyrule. * Gameplay
Games
* Rockstar Games introduces a limited-time Thanksgiving event in Red Dead Online for November. * The event centers on the Trader role, offering special bonuses and rewards. * Key activities include hunting turkeys, selling Perfect Carcasses, and completing Trader Sales. * Players are encouraged to participate before the seasonal event concludes. A Frontier Feast:
Enterprise
* IBM has confirmed it will lay off a "low single-digit percentage" of its global workforce in the fourth quarter, potentially impacting nearly 3,000 employees. * The job cuts are proceeding despite the company reporting stronger-than-expected earnings, driven by a 10% increase in software revenue. * This move places IBM
AI
* Major Market Entry: OpenAI's primary competitor, Anthropic, is set to establish a Korean office in early 2025, marking a significant move into the Asian market. * High User Adoption: The decision was heavily influenced by South Korea's rapid adoption of Anthropic's AI model, Claude, which
