noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
JPMorgan’s Top Large-Cap Pharma Stocks to Watch in 2026 
Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency 
Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy 
Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions 
Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
FDA Approves Mitapivat for Anemia in Thalassemia Patients 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
In a bid to counter declining market shares, Honda, Nissan, and Mitsubishi Motors are forming a strategic alliance to enhance their competitive edge in the automotive sector.
Mitsubishi to Join Alliance
The Nikkei newspaper reported on Sunday that Mitsubishi Motors of Japan is going to become a member of an alliance with Nissan Motor and Honda Motor, forming a partnership between the three carmakers with over 8 million units sold.
The three companies plan to standardize in-vehicle software that regulates cars, and Mitsubishi Motors, which Nissan owns 34% of, will collaborate with Honda and Nissan to finish off the details of their strategic alliance.
A representative from Nissan would only state that the report was not based on anything either company has disclosed; Mitsubishi Motors chose not to respond. When asked for a comment, Honda spokespeople chose not to answer.
According to Reuters, in the year leading up to March, half of Nissan's global sales came from sales in the United States and China; nevertheless, the Japanese manufacturer has been seeing a gradual decline in its market share in these two major regions, prompting this drive.
Heavy U.S. discounts nearly eliminated the company's first-quarter earnings, prompting Thursday to cut its annual projection.
Electric Car Component Collaboration
March saw announcements from both Nissan and Honda that they were contemplating a strategic alliance to work together on electric car components and AI for automotive software platforms.
The three automakers last year decided to reorganize their long-standing alliance in an effort to create a smaller, more pragmatic, and nimble collaboration; Mitsubishi Motors is already a part of it. The alliance also includes Nissan and Renault of France.
Japanese Industry Boost
The Japanese car industry could benefit from cost savings and increased resources if Nissan, Honda, and Mitsubishi Motors worked together, rather than competing with Chinese giants BYD and Tesla.
In China, the biggest car market in the world, Japanese brands used to dominate, but local manufacturers have stepped up production and won customers over with affordable, software-loaded automobiles.
