Latest Corporate News News
OpenAI faces scrutiny over the high cost of running ChatGPT
OpenAI reportedly says the operating costs of ChatGPT remain significant, raising questions about the long-term sustainability of its business model and pricing strategy. The issue is becoming more important as the company expands into new products and faces rising infrastructure demands.
Nvidia continues pushing for breakthroughs in chip sales
Nvidia is seeking new breakthroughs in chip sales as semiconductor supply constraints continue to shape the market. The company’s growth remains tied to strong AI demand, but the broader chip environment is still tight and highly competitive.
Samsung hit by labor strikes amid its AI expansion
Samsung is facing strikes as workers demand improved conditions while the company accelerates its shift into artificial intelligence technologies. The labor disruption adds pressure at a time when Samsung is trying to strengthen its position in the global AI and semiconductor markets.
US and UAE discuss major AI data campus deal
The United States and the United Arab Emirates are reportedly in talks over a multi-billion-dollar AI data campus agreement. If finalized, the project could become a major strategic infrastructure investment in the global AI race.
Apple opens its AI technology to third-party developers
Apple has announced that it will make its underlying AI technology available to developers, a move that could broaden adoption across apps and services. The decision may help Apple build a stronger AI ecosystem while encouraging external innovation on its platform.
US semiconductor restrictions on China remain a major issue
US restrictions on semiconductor exports to China continue to be one of the most important policy and business issues in tech. The controls affect chipmakers, suppliers, and AI companies that depend on advanced hardware and cross-border market access.
Amazon announces major layoffs as it shifts toward automation
Amazon plans to cut about 16,000 jobs as part of a broader move toward AI-driven automation. The restructuring signals how aggressively large companies are using AI to streamline operations and reduce labor costs.
Google engineer convicted in espionage case
A former Google engineer was convicted for stealing sensitive information while working for Chinese firms. The case highlights continuing corporate security concerns around intellectual property theft, foreign influence, and insider risk.
Nasdaq approved to extend trading hours to 23 hours a day
The SEC approved Nasdaq’s proposal to extend trading in NMS stocks to 23 hours per day, five days a week. The change could reshape how corporate news, earnings, and market-moving events are traded globally once it takes effect.
SEC names David Woodcock as new Enforcement Division director
The SEC appointed David Woodcock as director of the Division of Enforcement, effective May 4, 2026. His appointment matters for public companies because enforcement priorities can influence disclosure, investigations, and settlement strategy.
SEC releases enforcement results and other capital markets updates
Cooley’s May 2026 capital markets roundup highlights several SEC and governance developments, including enforcement results for FY 2025 and updated reporting deadlines. These changes are important for listed companies, compliance teams, and capital markets participants tracking regulatory obligations.
Fuel prices in Ghana set to rise sharply from May 16
Ghana is preparing for a significant increase in fuel prices, with petrol projected to rise by 5.29% to 7.30% and diesel also affected. The increase follows currency weakness and persistent global market volatility, putting pressure on consumers and businesses.