Browsing: largest

Custom chip designer Marvell has signed a deal to acquire optical chip and networking equipment maker Lumentum in an all-stock deal with an enterprise value of $115 billion (including debt) and an equity value of about $80 billion. Marvell will provide 4.5 shares of its common stock for each share of Lumentum.

Poseidon Aerospace is developing Egret, an autonomous cargo aircraft with a 50-foot wingspan designed to transport substantial loads without carrying a human pilot onboard.

Roughly 1,000 Netflix employees are losing their jobs despite the company reporting strong financial results. Netflix confirmed on October 14, 2026, that it is eliminating approximately 6% of its global workforce, the largest single round of cuts in its history.

A 2,500-truck procurement for battery-electric Class 8 vehicles, the heaviest mainstream truck category in the United States, has named Tesla as its primary supplier. The order, organized by the demand-pooling alliance ZET SCALE, is described by the alliance as the largest electric Class 8 order in North American history.

“An astonishing theft of unprecedented proportions.” That is how Brent Hecht, Microsoft’s Director of Applied Science, described his own company’s AI training practices in a January 2023 internal memo, later adding that the mass scraping of journalism amounted to “largest theft of labor in human history.”