#allbirds

News Headlines | Turnaround Plan: The brands that shifted to new sectors AI generated summary, Read the full article for complete information. The article examines how several well‑known companies have reinvented themselves by moving into entirely new industries: Allbirds sold its shoe business for $39 m and turned the remaining listed shell into NewBird AI; Nokia, founded as a paper mill in 1865, gradually shifted from rubber and cables to mobile phones and now thrives as a telecom‑network and AI‑infrastructure provider with nearly €2 bn of operating profit; Nintendo, originally an 1889 hanafuda‑card maker, only entered electronics in the 1960s and has become a global video‑game leader; American Express began in 1850 as a freight‑shipping and cash‑in‑transit firm before evolving into a major financial‑services brand. The piece highlights that such dramatic pivots are increasingly common in tech, citing YouTube, Slack and Twitter as examples of companies that changed direction early on to achieve lasting success. Read more: https://www.rte.ie/news/business/2026/0425/1570108-pivot-ai-tech/ #Allbirds #NewBirdAI #Nokia #Nintendo #business #BarackObama #LeonardoDiCaprio #OprahWinfrey AI generated summary, Read the full article for complete information.

Wait the Allbirds AI pivot is even more stupid than it seems on the surface. They want to sell GPU compute now instead of shoes. #allbirds