US FDA grants standard approval of Eisai/Biogen Alzheimer’s drug
(Reuters) -Eisai and Biogen (NASDAQ:BIIB)’s Leqembi won a coveted standard approval nod from the U.S. Food and Drug Administration on…
Tesla starts to lay off some workers at China factory – Bloomberg News
(Reuters) – Electric car maker Tesla (NASDAQ:TSLA) Inc is laying off some battery production workers at its Shanghai plant, Bloomberg…
Twitter threatens to sue Meta over Threads platform
(Reuters) – Twitter has threatened to sue Meta Platforms over its new Threads platform in a letter sent to the…
China’s Alibaba unveils AI image generator to take on Midjourney and DALL-E
(Reuters) – Alibaba (NYSE:BABA) Group Holdings Ltd announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise…
Continental to phase out activities at Gifhorn plant by end of 2027
(Reuters) – Continental (ETR:CONG) said on Friday it plans to phase out business activities at its Gifhorn plant by the…
Risk/reward for airlines ‘still very attractive’ – Morgan Stanley
Morgan Stanley analysts raised the firm’s price targets for Allegiant Travel Company (NASDAQ:ALGT) to $120 from $115 and Sun Country…
Google delays release of fully custom phone chip until 2025 – The Information
(Reuters) – Alphabet Inc’s Google (NASDAQ:GOOGL) has delayed the release of a fully custom chip for its Pixel smartphones until…
Insight Partners raises $118 million fund to back underrepresented VCs
(Reuters) – Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital fund that aims…
Pfizer makes equity investment in Caribou Biosciences
(Reuters) – Pfizer (NYSE:PFE) has invested $25 million to buy a minority stake in Caribou Biosciences, making it the latest…
Pentagon has strategic germanium stockpile but no gallium reserves
(Reuters) – The Pentagon holds a strategic stockpile for germanium but currently has no inventory reserves for gallium, a spokesperson…