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Pfizer’s gene therapy for rare genetic bleeding disorder succeeds in late-stage trial

Pfizer’s gene therapy for rare genetic bleeding disorder succeeds in late-stage trial

Kena Betancur | Corbis News | Getty Images Pfizer on Wednesday said its experimental gene therapy for a rare genetic blood-clotting disorder succeeded in a large late-stage trial, paving the way for a potential approval. The treatment for hemophilia A could become the company’s second gene therapy to enter the U.S. market after Beqvez, which […]

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Activist Elliott reportedly has a significant stake in Starbucks, in talks with management

Activist Elliott reportedly has a significant stake in Starbucks, in talks with management

A Starbucks coffee shop in Amsterdam. Nicolas Economou | Nurphoto | Getty Images Elliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to find ways to improve the company’s share price, the Wall Street Journal reported Friday, citing people familiar with the matter. Representatives for Elliott declined to

Activist Elliott reportedly has a significant stake in Starbucks, in talks with management Read More »

Anthropic launches 0 million AI fund with Menlo Ventures, ramping up competition with OpenAI

Anthropic launches $100 million AI fund with Menlo Ventures, ramping up competition with OpenAI

Anthropic and one of its biggest investors are taking a page from Apple’s playbook. The artificial intelligence startup and Menlo Ventures are launching a $100 million fund on Wednesday to back early-stage startups, and get them using the AI company’s technology. Menlo will put up the cash to invest in the startups, while Anthropic will

Anthropic launches $100 million AI fund with Menlo Ventures, ramping up competition with OpenAI Read More »

Google reportedly in advanced talks to acquire cyber startup Wiz for  billion, its largest-ever deal

Google reportedly in advanced talks to acquire cyber startup Wiz for $23 billion, its largest-ever deal

Sundar Pichai, CEO of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, April 3, 2024. Justin Sullivan | Getty Images Google is in advanced talks to acquire cybersecurity firm Wiz for $23 billion, The Wall Street Journal reported Sunday, citing people familiar with the matter. The people familiar told the

Google reportedly in advanced talks to acquire cyber startup Wiz for $23 billion, its largest-ever deal Read More »

Crypto company Consensys sued by SEC as regulator continues industrywide crackdown

Crypto company Consensys sued by SEC as regulator continues industrywide crackdown

Joseph Lubin, co-founder of Ethereum and CEO of blockchain firm ConsenSys. Riccardo Savi | Getty Images for Concordia Summit Crypto firm Consensys has been added to the SEC’s list of targets, as the regulator continues its industrywide crackdown. The SEC on Friday sued Consensys in federal court in Brooklyn over allegations that the company “engaged

Crypto company Consensys sued by SEC as regulator continues industrywide crackdown Read More »

Biden administration to lower costs for 64 drugs through inflation penalties on drugmakers

Biden administration to lower costs for 64 drugs through inflation penalties on drugmakers

US President Joe Biden speaks during an event at the National Institutes of Health (NIH) in Bethesda, Maryland, US, on Thursday, Dec. 14 2023.  Chris Kleponis | Bloomberg | Getty Images The Biden administration on Wednesday said it will impose inflation penalties on 64 prescription drugs for the third quarter of this year, lowering costs

Biden administration to lower costs for 64 drugs through inflation penalties on drugmakers Read More »

Apple Intelligence won’t launch in EU this year due to antitrust regulation

Apple Intelligence won’t launch in EU this year due to antitrust regulation

Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024.  David Paul Morris | Bloomberg | Getty Images Apple said Friday it won’t release several upcoming features unveiled this month, including its flagship “Apple Intelligence” AI product, in

Apple Intelligence won’t launch in EU this year due to antitrust regulation Read More »

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