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.
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.
Wall Street advanced on Friday, with technology stocks driving the S&P 500 to its sixth record closing high since confirming a bull market on Aug. 18.
Walmart Inc could turn into an online advertising leader if its plan to acquire popular short-form video app TikTok goes through, analysts said on Friday.
