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corporate on Beyond Market Intelligence: a running collection of 7 stories we have gathered and hand-picked because they are worth your time. Every post here touches on corporate in some way — the news, the analysis, the deep dives, and the occasional surprise find. Acme AI is the next-generation, AI-powered spreadsheet platform built to replace Excel and redefine how analysts, data scientists, and enterprise teams work with data. New stories are added to this page as we find them, so check back if you want to keep up with what is happening around corporate, or subscribe to the RSS feed to get them as soon as they are published. Browse the collection below, or head back to the homepage to see everything Beyond Market Intelligence is covering right now.
Who is John Ternus, the new Apple CEO?
Effective September 1st, John Ternus assumes leadership of Apple, one of the world’s most valuable companies. Largely unknown outside of Apple circles until now, Ternus’s appointment marks a shift toward a future-focused approach. A long-time executive with a deep understanding of product development, he previously led Apple’s hardware engineering group. Anticipation is high, particularly given his recent memo hinting at a “huge launch next week,” potentially including the highly anticipated foldable iPhone—explored further in our article, "John Ternus hypes ‘huge launch next week’."
OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise
Thrive Holdings, backed by OpenAI, has secured a substantial $2 billion in funding, achieving a $12 billion valuation and solidifying its position at the forefront of enterprise AI solutions. This significant investment, led by SoftBank, D1 Capital Partners, and Altimeter Capital, underscores the growing demand for accessible AI tools within businesses. Thrive's approach focuses on transforming data management, empowering organizations to leverage AI’s potential without complexity.
Uber surprised robotics company Serve by selling its entire stake
Uber has unexpectedly divested its entire stake in Serve Robotics, signaling a shift as the two companies’ business strategies have begun to diverge. This move underscores a broader trend of realignment within the robotics sector. Serve, focused on autonomous delivery solutions, previously enjoyed close ties with Uber’s freight division. The divestiture follows significant investment activity in the AI space, including a recent $1.1 billion round for River AI, demonstrating the continued appetite for innovation in personal agents.
Now Rippling is counter-suing tiny startup Runlayer
The evolving landscape of business software demands careful consideration, as evidenced by the recent legal developments between Rippling and Runlayer. Rippling has now filed a countersuit against Runlayer, following the startup’s earlier claims of intellectual property theft. This escalating dispute serves as a clear warning: both buyers and sellers should exercise heightened vigilance in this market. For insights into navigating emerging AI tools, explore our guide on "How to Install Claude Code."
Archer buys former rival Wisk Aero
Archer, a leader in electric vertical takeoff and landing (eVTOL) aircraft, has acquired Wisk Aero, a former competitor and subject of a prior trade secret dispute. This strategic move consolidates significant expertise within the rapidly evolving advanced air mobility sector. The acquisition signals a future-focused approach to innovation, absorbing Wisk’s technology and talent into Archer’s expanding platform. For deeper insights into the broader landscape of technological advancement, explore our article on "Discovered Materials is playing AI whack-a-mole to hunt cooler chips."
eBay reaches $56M settlement with e-commerce newsletter writers it terrorized in 2019
eBay recently settled a lawsuit for $56 million stemming from a 2019 incident where executives orchestrated a campaign to intimidate newsletter writers Ina and David Steiner. The couple’s e-commerce newsletter occasionally featured criticism of eBay, prompting the concerning actions. This case highlights the complexities of free speech and corporate power in the digital age. It also echoes concerns around platform accountability, as seen in a related lawsuit against Apple regarding an alleged App Store crypto scam.
After shocking quarter, IBM insists that AI isn’t killing the mainframe
Following a recent market reaction to mainframe sales, IBM's leadership clarifies a critical point: AI isn't replacing mainframes, but rather reshaping corporate IT spending. The shift involves reallocating budgets towards AI infrastructure, temporarily impacting mainframe investments. This isn't a decline in mainframe value, but an evolution in how organizations deploy technology. For those interested in understanding the broader implications of AI’s impact on technology, explore our tutorial on building an AI-text detector.