A rare setback as Ozempic-maker Novo Nordisk takes a $820 million hit as its next wonder drug fails
Novo Nordisk A/S said it will take an impairment of about 5.7 billion Danish kroner ($820 million) after halting a ...
Tag: Takes
Inside Europe’s tech hubs: Does London have what it takes to remain No. 1?
The U.K. is the No. 1 country in Europe for tech by many accounts.In 2023, British startups raised $21.3 billion, ...
Activist investor takes $1.9 billion stake in Southwest Airlines, seeks to oust CEO and chair
Activist hedge fund Elliott Management has amassed a $1.9 billion stake in Southwest Airlines and plans to push for leadership changes at the airline that has ...
Sam Altman takes nuclear energy company Oklo public to help further his AI ambitions
Sam Altman is now chairman of a public company. But it's not OpenAI.On Friday, advanced nuclear fission company Oklo started ...
Big Tech is eating as much data as it can to win in AI — but it’s not ‘winner takes all,’ CEO says
Just_super | E+ | Getty ImagesBig technology companies are consuming as much data as possible to become winners in artificial ...
SEC Anticipated To Reject Spot Ethereum ETFs In Upcoming Decision, ETH Price Takes 5% Hit
Over the past 24 hours, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a significant 5% price drop. ...
Market Shakeup: Bitcoin Takes A Hit As Fed Puts Rate Cuts On Hold
Bitcoin’s Price Response to Powell’s Statements Bitcoin, the leading cryptocurrency by market capitalization, saw a nearly 8% decline in its ...
Ethereum’s Reputation Takes A Hit As Trading Veteran Labels It A ‘Junk Coin
Recently, renowned trader Peter Brandt voiced criticism directed squarely at Ethereum (ETH), the second-largest crypto by market capitalization, denouncing it ...
Trump team takes sparring with Biden into vulgar territory.
Not long after former President Donald J. Trump held a news conference on Monday about his civil fraud case, a ...
Ex-Ford CEO warns of ‘real financial trouble’ for EV startups as adoption takes longer than expected
It’s been a bad year so far for startups offering electric vehicles. It could get a lot worse. The problem ...
