Billionaire entrepreneur Elon Musk's neuroscience startup Neuralink on Friday unveiled a pig named Gertrude that has had a coin-sized computer chip in its brain for two months, showing off an early step toward the goal of curing human diseases with the same type of implant.
Lawyer Steve Wolosky usually helps activist investors like Starboard Value take on corporate America. Now he is taking center stage himself, wading into a governance fight over a tool that limits how much stock unwanted investors can buy.
As U.S. stocks hit record highs, some investors are betting the market’s future gains will be increasingly driven by some of its lesser-loved companies.
Peter Thiel-backed Compass Pathways Plc on Friday filed for an initial public offering (IPO), adding to a flurry of filings from tech companies during a week that has already seen Palantir Technologies and Snowflake Inc make their IPO paperwork public.
Gilead Inc said on Friday the U.S. Food and Drug Administration has authorized expanded emergency use for its experimental antiviral COVID-19 treatment, remdesivir.
The company that operates the Trump International Hotel in Vancouver said on Friday it has filed for bankruptcy, blaming the coronavirus pandemic for lost revenue and financial hardship.
The collateral damage of the war against COVID-19 could be national bankruptcy, says this observer.
Of the 32 vaccines that are in human trials around the world, a larger number are from Chinese companies than might have been expected, says Professor Mark Greeven.
Apple Inc said on Friday it had terminated "Fortnite" creator Epic Games' account on its app store, following a legal battle between the two over the iPhone maker's in-app payment guidelines.
Bloomberg News reported earlier on Friday, citing a person familiar with the matter, that Centricus, which is seeking to partner with Triller and other investors, submitted a US$20 billion bid to ByteDance for TikTok's assets in the United States, Australia, New Zealand and India.
