Unsupported price hikes added $815 million to US drug spending in 2023
By Sriparna Roy (Reuters) – Price increases for five of the 10 drugs that contributed the most to a rise in U.S. medical spending in 2023 were not supported by…
BuzzFeed sells ‘Hot Ones’ creator for $82.5 million to group led by Soros-affiliate
(Reuters) – BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube’s popular talk show ‘Hot Ones’, to a group led by Soros Fund Management affiliate for…
Google puts AI agents at the center of Gemini update
By Kenrick Cai SAN FRANCISCO – Alphabet’s Google on Wednesday released the second generation of its artificial intelligence model Gemini and teased a slate of new ways to use AI…
MicroStrategy’s bitcoin-powered surge takes it closer to Nasdaq 100 doorstep
By Medha Singh (Reuters) – A meteoric rise in MicroStrategy’s shares has made the bitcoin hoarder a likely candidate for the tech-heavy Nasdaq 100 index ahead of an annual reshuffle…
ServiceTitan seeks up to $5.95 billion valuation in its US IPO
(Reuters) -Software startup ServiceTitan is seeking a valuation of up to $5.95 billion in its U.S. initial public offering by raising the price at which it plans to sell shares,…
Google invests in Intersect Power in over $800 million funding round amid AI race
(Reuters) – Alphabet’s Google, along with TPG Rise Climate and other investors, is backing clean energy developer Intersect Power as part more than $800 million funding round, the company said…
Super Micro CEO confident stock will not be delisted
NEW YORK (Reuters) -Super Micro Computer Chief Executive Charles Liang on Tuesday said he is confident the technology company’s stock will not be delisted from the Nasdaq. On the sidelines…
Walgreens in talks to sell itself to PE firm Sycamore, WSJ reports
(Reuters) – Walgreens Boots Alliance is in talks to sell itself to private equity firm Sycamore Partners, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.…
Google parent Alphabet jumps on quantum chip breakthrough
(Reuters) – Shares of Google parent Alphabet rose about 5% on Tuesday after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum…
Google says it has cracked a quantum computing challenge with new chip
By Stephen Nellis SANTA BARBARA, California (Reuters) – Google on Monday said that it has overcome a key challenge in quantum computing with a new generation of chip, solving a…