Wendy’s rejects Trian-led $1.4 billion buyout offer, adopts ’poison pill’ plan

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• Dropbox acquires Tigris Data for $350M to bolster its AI infrastructure

  The transaction represents the company's largest deal to date as it builds the foundational backend for next-generation developer tooling. By integrating specialized low-latency storage systems, the service intends to power its upcoming DBX Agent Cloud for autonomous enterprise agents. This infrastructure push follows a recent nine percent reduction in global staff, though no layoffs are planned from this integration.

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• Autonomous drone delivery startup Zipline raised $1.5B at a $21.5B valuation, up from $7.85B after raising $600M in January, and plans to grow US manufacturing (Kelly Cloonan/Wall Street Journal)

  The latest capital injection provides the drone delivery company with substantial resources to scale up its domestic production capabilities. This steep valuation increase highlights strong investor confidence following an earlier funding round completed at the start of the year. The move signals an aggressive push to bolster industrial capacity within the United States.

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• The hidden supply chain costs of the AI boom

  Harvard Business School professor Willy Shih analyzes why deep-rooted economic realities continue to undermine political efforts to reshore critical technology production to the United States. Despite tariff shifts and growing concern over overseas reliance, domestic manufacturing remains constrained by absent industrial ecosystems and localized infrastructure. The ongoing artificial intelligence buildout further exposes these vulnerabilities as it accelerates demand across global computing supply networks.

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