Corporate strategy stories

Jul 31, 2026

IBM CEO says quantum computing will contribute to revenue by 2028

IBM CEO Arvind Krishna stated the company expects quantum computing to measurably affect revenue and profit by 2028 or 2029, projecting $1 trillion in value from the technology by the end of the 2030s.

Jul 31, 2026·2 sources

Jun 16, 2026

Snap Launches $2,195 Consumer AR Glasses as CEO Defends Long-Term Strategy

Snap released its first consumer augmented-reality glasses priced at $2,195, positioning them as the future of AI-age interaction. CEO Evan Spiegel defended the product against activist investor pressure to shut down or spin off the hardware division.

Jun 16, 2026·2 sources

May 5, 2026

GameStop Makes $55.5 Billion Takeover Offer for eBay

Video game retailer GameStop offered to acquire eBay for $55.5 billion in an unsolicited bid that could turn hostile if rebuffed. The move would give GameStop control of a company four times its size.

May 5, 2026·2 sources

GameStop Proposes $55.5 Billion Unsolicited Bid to Acquire eBay

GameStop unveiled a non-binding $55.5 billion proposal to acquire eBay at $125 per share, a 46% premium, combining cash and stock in equal amounts.

May 5, 2026·4 sources

Top claims

▪The foundry is supported by a $1 billion investment from IBM and a matching $1 billion from the U.S. Department of Commerce's CHIPS program.
▪Potential applications for quantum computing include molecular simulations, logistics optimization, materials science, and cryptography.
▪Publicly traded bitcoin miners like MARA Holdings, Riot Platforms, and CleanSpark have diversified into AI and high-performance computing.