Alibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from rival Meituan. This move highlights intense competition for scarce retail assets in China’s local commerce and fresh produce sectors.…
One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion…
Cognizant Technology Solutions will be removed from the Nasdaq-100 index on June 22 after more than two decades. The reshuffle sees AI-focused firms like Astera Labs and CoreWeave added, reflecting a market shift towards AI and semiconductor companies. This change…
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Why “reprogramming” is the buzziest approach to reversing aging right now Earlier this week, Life Biosciences,…
PeopleSoft is an enterprise resource planning suite used by organizations to manage core business functions including human resources, finance and supply-chain operations.
Jinhua Zhao MCP ’04, SM ’04, PhD ’09 has been appointed head of the Department of Urban Studies and Planning (DUSP), effective July 1. Zhao is the Class of 1941 Professor of Cities and Transportation at MIT. In making the announcement,…
In his 1927 paper, “A law of comparative judgment,” the American psychologist L. L. Thurstone proposed that when people select one option among multiple alternatives, they are picking the one that has the highest value to them, even though they…
The Hertz Foundation announced that it awarded 2026 fellowships to three current MIT students as well as an incoming graduate student. They are: Annika Marschner, Alvin Q. Meng, Zachary S. Siegel, and Matthew Wanta. The prestigious science and technology award provides each…
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Inside soccer’s data renaissance Imagine tuning in to the opening kickoff of a World Cup match…
Happy Thursday! Tap-and-pay card usage is on the rise in India despite UPI’s dominance. This and more in today’s ETtech Morning Dispatch.