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Business

UPS Bets on RFID Tech to Sharpen Competitive Edge in Logistics Race

UPS is equipping all 5,500 of its retail stores with RFID tracking, a significant expansion of its automation drive aimed at improving package visibility and reducing errors. The move highlights the company's focus on operational efficiency as it vies for higher-margin commercial clients in a competitive landscape dominated by FedEx and Amazon.

Business

Digital Realty Expands into Malaysia with Cyberjaya Data Center Acquisition

Digital Realty Trust has confirmed its entry into the Malaysian market with the acquisition of the TelcoHub 1 data center in Cyberjaya. The move, set to close in the first half of 2026, includes adjacent land for future expansion and is seen as a strategic step to deepen the company's interconnectivity across Southeast Asia's growing digital economy.

Business

DraftKings' Growth Engine Slows: User Gains Stagnate, Margins Tighten

DraftKings Inc. is showing signs of strain as its once-explosive user growth decelerates and profitability metrics weaken, raising questions about the online sports betting giant's path to sustainable earnings. With the stock (NasdaqGS: DKNG) down sharply this year, investors are scrutinizing the cost of customer acquisition in an increasingly competitive and regulated market.