Category: Business

📉 Summary German luxury automaker Porsche AG has posted a €967 million ($1.1 billion) operating loss for the third quarter of 2025, marking its first quarterly deficit since listing publicly. The result, announced Friday, exceeded analyst expectations and underscores the company’s deepening crisis amid a slower-than-expected transition to electric vehicles (EVs) and shrinking demand in […]

Today, EFF joined a coalition of civil society organizations in urging UN Member States not to sign the UN Convention Against Cybercrime. For those that move forward despite these warnings, we urge them to take immediate and concrete steps to limit the human rights harms this Convention will unleash. These harms are likely to be […]

🧾 Summary Nigerian fintech Lidya, founded in 2016 to provide collateral-free loans to small businesses, has ceased operations following the resignation of its CEO and CTO, and mounting complaints from customers unable to access their funds. The company’s closure marks a dramatic fall from grace for one of Africa’s early digital lending pioneers. 📉 Leadership […]

🧠 Summary Meta Platforms has formed a $27 billion joint venture with Blue Owl Capital to develop the Hyperion data center campus in Richland Parish, Louisiana, effectively moving the project off its balance sheet. The deal reflects a growing trend among tech giants to use special purpose vehicles (SPVs) to fund large-scale AI infrastructure without […]

Knowledge production doesn’t happen in a vacuum. Every great scientific breakthrough is built on prior work, and an ongoing exchange with peers in the field. That’s why we need to address the threat of major publishers and platforms having an improper influence on how scientific knowledge is accessed—or outright suppressed. In the digital age, the […]

WASHINGTON/OTTAWA: U.S. President Donald Trump announced late Thursday that he is terminating all trade negotiations with Canada, citing a controversial advertisement aired by the Ontario government. The ad features archival audio of President Ronald Reagan criticizing protectionist trade policies, which Trump labeled “fraudulent” and “interference” in U.S. judicial matters. “Based on their egregious behavior, ALL […]

ELKTON, Va., Oct. 23, 2025 — Pharmaceutical giant Merck & Co. has begun construction on a 400,000-square-foot Center of Excellence for Pharmaceutical Manufacturing at its long-standing Elkton site in Rockingham County. The project, valued at $3 billion, represents one of the company’s largest single-site investments in the United States. Expansion of a Historic Site Merck […]

Creating and sharing knowledge are defining traits of humankind, yet copyright law has grown so restrictive that it can require acts of civil disobedience to ensure that students and scholars have the books they need and to preserve swaths of culture from being lost forever. Reputable research generally follows a familiar pattern: Scientific articles are […]

ABUJA, Oct. 23, 2025 — Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, in partnership with Sunlink Energies and Resources Limited, has reached final investment decision (FID) on the HI offshore gas project in Nigeria. The $2 billion development is set to supply feed gas to the Nigeria LNG (NLNG) […]

SÃO JOSÉ DOS CAMPOS, Oct. 21, 2025 — Brazilian aerospace manufacturer Embraer has announced a record-breaking $31.3 billion order backlog at the close of the third quarter, describing the figure as an “unprecedented high.” The milestone represents a 38% increase compared to the same period in 2024 and underscores robust demand across its aviation portfolio. […]