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News
Anthropic selects Nasdaq for IPO, Business Insider reports
1+ day, 47+ min ago (101+ words) SRN News Anthropic selects Nasdaq for IPO, Business Insider reports Sept 13 (Reuters) – U.S. tech startup Anthropic has selected Nasdaq for its potential initial public offering, Business Insider reported on Sunday, citing a person familiar with the company’s plans. (Reporting by…...
Tesla to unveil long-delayed Roadster on Oct. 1, Musk says
1+ day, 15+ hour ago (244+ words) Here are some of the details: • Tesla’s account on social media platform X – also owned by Musk – posted “Go for launch” alongside a graphic displaying the date. Musk later replied to the post, saying, “New Tesla Roadster Unveil 10.01” • The Information…...
Nasdaq to invest $100 million in Kraken parent to deepen tokenization push
4+ day, 1+ hour ago (195+ words) Sept 10 (Reuters) – Nasdaq said on Thursday its venture arm agreed to invest $100 million in Payward, parent company of cryptocurrency exchange Kraken, deepening a partnership aimed at developing infrastructure for trading tokenized equities. • Nasdaq said the companies aim to build infrastructure…...
AI boom poses new financial stability risks, BIS head says
4+ day, 5+ hour ago (478+ words) For central banks, AI does not change monetary policy mandates but makes economies harder to interpret by affecting demand, supply and financial markets simultaneously. The BIS estimates the world’s five largest technology firms will invest more than $1 trillion in AI…...
Novo Nordisk says Wegovy approved in China for liver disease MASH
4+ day, 7+ hour ago (170+ words) SRN News Novo Nordisk says Wegovy approved in China for liver disease MASH STOCKHOLM, Sept 10 (Reuters) – Denmark’s Novo Nordisk said on Thursday its blockbuster weight-loss drug Wegovy had been approved in China as the first GLP-1 RA class of drugs…...
DOJ probes Nvidia's licensing deal with AI startup Groq, NYT reports
4+ day, 11+ hour ago (188+ words) Nvidia announced a $17 billion deal with Groq last year for a “non-exclusive license” to the startup’s chip technology and hired several of its executives, including founder Jonathan Ross. The Justice Department opened its investigation into the arrangement shortly after it…...
US DOJ widens probe into Fox's Roku deal, Semafor reports
5+ day, 17+ hour ago (277+ words) The DOJ’s move comes just months after Fox unveiled the $160 per share deal, which would combine its broadcast and sports operations with Roku’s streaming reach, making the combined company the third-largest player in TV viewing, behind YouTube and Disney and…...
Amgen-AstraZeneca lung cancer drug combo boosts survival in late-stage trial
5+ day, 20+ hour ago (272+ words) • The trial tested the combination as a maintenance treatment against Imfinzi alone in patients whose disease had not progressed after standard induction therapy. • In addition to overall survival, the drug combination also improved progression-free survival and response rate. No new…...
GE Aerospace to buy castings supplier for nearly $12 billion to tackle engine bottleneck
6+ day, 1+ hour ago (651+ words) By Rajesh Kumar Singh and Shivansh Tiwary Supply-chain constraints have made it harder for engine makers to keep pace with strong demand for new engines and aftermarket parts and repairs. While conditions have improved, castings remain a key pressure point…...
In Australia's shale patch, Americans bring money, tech and lessons learned
6+ day, 4+ hour ago (564+ words) The Beetaloo shale formation, which delivered its first gas this month, is often compared with the prolific Marcellus shale in the U.S., but its remoteness deep in the Northern Territory means billions of dollars will be needed to build pipelines. The…...