Esteban Tesson
Journalist
American Eagle gets a fresh lift in the stock market from a new campaign with Sydney Sweeney
The American apparel group is seeing renewed investor interest after rolling out a new marketing campaign, underscoring the effectiveness of its celebrity collaborations despite a mixed economic backdrop.
16 April 2026 at 01:02 am AEST
OpenAI recalibrates investments as Microsoft secures Norway capacity
According to reports from CNBC, OpenAI has scaled back its infrastructure ambitions by opting out of a direct lease for computing capacity at a data center in Norway, just days after suspending a similar project in the United Kingdom. This pivot reflects a more cautious strategy as the company seeks to rein in capital expenditure ahead of a potential IPO. Negotiations with British firm Nscale for a 230-megawatt site in Narvik failed to materialize, allowing Microsoft to take over the capacity originally earmarked for the AI startup.
15 April 2026 at 11:30 pm AEST
OpenAI recalibrates its investments, Microsoft regains capacity in Norway
According to CNBC, OpenAI has scaled back its infrastructure ambitions by deciding not to directly lease computing capacity in a data center in Norway, just days after pausing a similar project in the UK. The repositioning reflects a more cautious strategy as the company looks to rein in spending ahead of a potential IPO. Talks with UK-based Nscale for a 230-megawatt site in Narvik did not reach an agreement, allowing Microsoft to take back the capacity initially under consideration.
15 April 2026 at 11:13 pm AEST
Paramount-Warner Bros Discovery merger sparks concern amongst cinema operators
Opposition to the tie-up between Paramount Skydance and Warner Bros Discovery continues to mount, as cinema professionals fear a new wave of concentration at the expense of film diversity and competition.
15 April 2026 at 02:57 pm AEST
Petrobras reportedly in talks to buy back Mataripe refinery from Mubadala
Petrobras has allegedly entered discussions with Mubadala to reacquire the Mataripe refinery in Brazil, amid tightening diesel supplies and mounting pressure on domestic refining capacity.
15 April 2026 at 06:22 am AEST
The Paramount-Warner Bros Discovery Merger Has Theater Operators Worried
Opposition to the tie-up between Paramount Skydance and Warner Bros Discovery continues to build, with movie theater professionals warning of a new wave of consolidation that could hurt film diversity and competition.
15 April 2026 at 06:20 am AEST
Disney cuts 1,000 jobs to accelerate reorganization
According to Reuters, the Walt Disney Company has reportedly announced approximately 1,000 job cuts via email as part of a reorganization led by its new executive, Josh D'Amaro. This decision aims to streamline operations and adapt the company to a rapidly evolving environment. The layoffs will primarily impact marketing teams, which were already reorganized earlier this year, as well as several other divisions including studios, television, ESPN, products, and technology and corporate functions.
15 April 2026 at 06:19 am AEST
Petrobras Reportedly in Talks to Buy Back the Mataripe Refinery From Mubadala
Petrobras has reportedly opened discussions with Abu Dhabi sovereign wealth fund Mubadala to repurchase Brazil's Mataripe refinery, as diesel markets tighten and pressure mounts on domestic refining capacity.
15 April 2026 at 05:30 am AEST
Disney to cut 1,000 jobs to speed up its reorganization
According to Reuters, the Walt Disney group reportedly announced by email the elimination of about 1,000 jobs as part of a reorganization led by its new chief executive, Josh D'Amaro. The move is intended to streamline operations and adapt the company to a fast-changing environment. The cuts will mainly hit marketing teams, which were already reorganized earlier this year, as well as several other divisions, including studios, television, ESPN, products, and technology and corporate functions.
15 April 2026 at 04:23 am AEST
Amazon launches AI platform to accelerate drug discovery
Amazon, through its AWS subsidiary, has unveiled Amazon Bio Discovery, an artificial intelligence platform designed to expedite the early stages of pharmaceutical research. The tool enables scientists to execute complex workflows without programming, leveraging a library of biological models capable of generating and evaluating candidate molecules. An AI agent assists users in model selection, parameter tuning, and result analysis, amid intensifying competition surrounding the integration of AI in healthcare.
15 April 2026 at 04:08 am AEST
Amazon Launches an AI Platform to Speed Drug Discovery
Amazon, through its AWS unit, has unveiled Amazon Bio Discovery, an artificial intelligence platform designed to accelerate the early stages of pharmaceutical research. The tool lets scientists run complex workflows without coding, drawing on a library of biological models that can generate and evaluate candidate molecules. An AI agent guides users in selecting models, tuning parameters, and analyzing results, amid intensifying competition to integrate AI into health care.
15 April 2026 at 03:24 am AEST
Nvidia bets on AI to accelerate the rise of quantum computing
Nvidia has unveiled a new suite of artificial intelligence models, dubbed Ising, to bolster the development of quantum computing. Released as open-source tools, these models are designed to assist companies and researchers in engineering quantum processors capable of addressing real-world applications. The objective is to provide scalable solutions to a sector still in its maturation phase by facilitating the resolution of complex technical hurdles.
15 April 2026 at 02:56 am AEST
Nvidia is betting on AI to accelerate the rise of quantum computing
Nvidia has unveiled a new lineup of artificial intelligence models, dubbed Ising, to support the development of quantum computing. Offered as open source, these tools are designed to help companies and researchers build quantum processors capable of addressing real-world use cases. The goal is to deliver scalable solutions in a sector that is still maturing, by making it easier to solve complex technical problems.
15 April 2026 at 02:18 am AEST
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