Formycon halts a Phase III trial for biosimilar FYB206 after encouraging U.S. FDA feedback, highlighting a strategic pivot to save costs. The decision is
Bain Capital withdrew from seeking a controlling stake in Fujisoft, leaving KKR as the leading bidder. KKR’s increased offer of ¥9,850 outbid Bain’s initial
Blue Origin is reducing its workforce by 10% to streamline operations, mainly affecting its Huntsville engine production hub. This strategic downsizing targets engineering, R&D,
Silicon Valley tech giants like Apple, Amazon, and Google are major forces in global finance and innovation. Apple uses significant stock buybacks to enhance shareholder value and maintain market leadership. Amazon invests in logistics and cloud computing, dominating in both areas with rapid delivery and expansive server farms. Google ventures into new technologies, focusing on autonomous vehicles and renewable energy
Garmin introduces the Forerunner 570 and 970 smartwatches, crafted for serious runners and triathletes. Both models feature vivid AMOLED displays for superior outdoor clarity. The Forerunners include Garmin’s Triathlon Coach, offering adaptive daily plans based on health metrics. The 570 offers dual
SpaceX successfully launched 28 Starlink satellites on a Falcon 9 rocket from Cape Canaveral, enhancing global Internet connectivity. The Starlink constellation aims to provide high-speed, latency-free Internet to diverse geographic locations, bridging digital divides worldwide. The recent launches mark SpaceX’s continued advancements,
Super Micro Computer’s stock surged nearly 20% due to renewed investor confidence driven by advancements in AI infrastructure. Raymond James upgraded the stock, setting a new target price of $41, after highlighting Super Micro’s 9% share in the $145 billion global AI
Sterling Anderson joins GM as Chief Product Officer, bringing expertise from Tesla and Aurora. His experience includes leading Tesla’s Autopilot team and co-founding autonomous trucking company Aurora. Anderson’s role is pivotal as GM focuses on enhancing technologies like Super Cruise, its driver-assistance
Taiwan aims to launch four independent satellites by the end of the decade to establish its own satellite network. This initiative is fueled by geopolitical tensions and a desire to reduce reliance on external networks like SpaceX’s Starlink. The endeavor leverages Taiwan’s
An elderly woman in Westlake, Ohio, was nearly scammed while using a cryptocurrency ATM at a local convenience store. The scam involved a fraudulent “Microsoft” pop-up alert claiming a compromised Facebook account, prompting her to call a provided number. A scammer, posing
Advertisements can transcend commercial purposes, becoming cultural and generational icons. The power of jingles, like Lube Mobile’s “13 13 32,” showcases audio mnemonics as memorable and influential tools. Cottee’s Cordial ad captures nostalgic family moments, turning a simple product into a cherished
Zoox robotaxi experienced a collision in Las Vegas due to a software glitch while interacting with an indecisive sedan. The incident led to Zoox recalling 270 vehicles and issuing a software update to resolve the communication breakdown problem. The software update is
Offerpad faces significant challenges, with first-quarter 2025 revenues down 43.7% year-over-year, raising concerns about its financial stability. The company experienced a sharp decline in home sales, significantly impacting its core business model of fast cash offers to homeowners. While analysts project a