Live Nation, the parent company of Ticketmaster, finds itself at the center of a groundbreaking legal battle as the US government and 30 state and district attorneys general file an antitrust lawsuit against the entertainment giant. The lawsuit, filed in New York,…
Moderna announced that the Food and Drug Administration (FDA) has delayed the approval of its vaccine for respiratory syncytial virus (RSV) to the end of May due to “administrative constraints” at the agency. Investors are closely watching this approval as it could…
In a recent turn of events, Hollywood actress Scarlett Johansson has voiced her shock and discontent over a synthetic voice released with an update to OpenAI’s ChatGPT, finding it strikingly similar to her own. The statement, shared with CNN, highlights Johansson’s disbelief…
Federal authorities have charged Fat Brands and its chair, Andy Wiederhorn, with orchestrating a fraudulent scheme involving $47 million in sham loans. This news led to a significant drop in the company’s stock, which closed down 27% on Friday and left the…
Arup, the renowned British engineering giant responsible for iconic structures like the Sydney Opera House and Beijing’s Bird’s Nest stadium, has fallen prey to a sophisticated deepfake scam, resulting in a staggering loss of $25 million. The incident, which unfolded in Hong…
In a significant move that could redefine user interaction with technology, Google showcased a series of innovations at the annual Google I/O developer conference, emphasizing the role of artificial intelligence in enhancing its widely-used products. The conference illuminated Google’s strategic direction, focusing…
In a significant move for the biotech industry, Novavax announced a transformative agreement with French pharmaceutical giant Sanofi. The deal, set to commence next year, involves the co-commercialization of Novavax’s Covid vaccine and the development of new combination vaccines targeting both the…
Massachusetts is gearing up for a legal showdown as ride-share giants Uber and Lyft head to trial over the contentious issue of worker classification. At the heart of the matter lies the question: are drivers for these companies independent contractors or should…
The electric vehicle (EV) industry, once buoyed by abundant capital and enthusiastic investment, is now facing stringent market conditions. Companies like Rivian, Lucid, and Nikola, previously thriving under favorable circumstances, are now undertaking rigorous cost-cutting measures and strategizing to reassure investors of…
The modern workplace is undergoing a profound transformation, with the rise of hybrid work arrangements presenting both opportunities and challenges for employers and employees alike. Despite efforts to strike a balance between remote and office-based work, technology remains a significant hurdle, hindering…