Formycon halts a Phase III trial for biosimilar FYB206 after encouraging U.S. FDA feedback, highlighting a strategic pivot to save costs. The decision is
Bain Capital withdrew from seeking a controlling stake in Fujisoft, leaving KKR as the leading bidder. KKR’s increased offer of ¥9,850 outbid Bain’s initial
Blue Origin is reducing its workforce by 10% to streamline operations, mainly affecting its Huntsville engine production hub. This strategic downsizing targets engineering, R&D,
Silicon Valley tech giants like Apple, Amazon, and Google are major forces in global finance and innovation. Apple uses significant stock buybacks to enhance shareholder value and maintain market leadership. Amazon invests in logistics and cloud computing, dominating in both areas with rapid delivery and expansive server farms. Google ventures into new technologies, focusing on autonomous vehicles and renewable energy
The University of Michigan has pioneered a transformative battery technology aimed at revolutionizing the electric vehicle (EV) industry in cold climates. This new battery can charge up to 500% faster even at temperatures as low as 14°F (-10°C), thanks to an innovative
Artificial intelligence is reshaping industries, heavily relying on GPU technology for data processing. Nvidia dominates with 95% of the AI-focused GPU market, thanks to strategic foresight and innovations like CUDA. Nvidia’s success illustrates the power of anticipating market needs and securing a
AI Mode enhances search capabilities by blending real-time data retrieval with generative AI, offering a personalized search experience. The tool simplifies complex searches, transforming the process of discovering products or planning adventures. Interactive visual cards provide detailed insights into destinations and products,
NVIDIA is set to release its first-quarter fiscal year 2026 earnings on May 28, 2025, at 2 p.m. PT. Colette Kress, NVIDIA’s executive VP and CFO, will provide insightful commentary before the earnings call, highlighting strategic company visions. The earnings call will
Samsung has unveiled a solid-state battery featuring a silver-carbon composite anode, promising to revolutionize electric vehicle (EV) performance. The new battery offers impressive capabilities, such as a 600-mile range on a single charge and 80% recharge in nine minutes. A lifespan of
Katy Perry’s highly publicized space mission with Blue Origin aimed to represent feminist progress but received significant backlash. The criticism centered on the timing of such a spectacle during periods of economic hardship and its perception as tone-deaf. Fast-food chain Wendy’s and
Tung Nguyen’s career in automotive journalism is driven by a lifelong passion for cars, inspired by childhood influences like Transformers and Gran Turismo. His expertise spans over a decade, covering sharp news reporting, immersive features, and complex car reviews, enriching his legacy
The UK aims to lead in renewable energy amidst global economic shifts, countering the US’s renewed focus on fossil fuels. Prime Minister Keir Starmer’s government introduces substantial funding and infrastructure upgrades to attract green energy investors. A $399.4 million commitment to offshore
AbbVie surpassed quarterly earnings expectations, driving a 3.10% stock increase, significantly outpacing the 0.6% rise of the S&P 500 index. Net revenues in Q1 reached $13.3 billion, reflecting an 8% increase, primarily driven by the success of Skyrizi and Rinvoq, which generated