Ozempic maker Novo Nordisk surpassesTesla with $566B market value
Novo Nordisk surpassed Tesla in market valuation on Thursday after popular weight-loss drug makers Wigovy and Ozempic announced positive data in early trials of their long-awaited new obesity drug. Shares soared more than 8% to an all-time high after investors were informed that participants in a Phase I trial of a tablet version of the […]
Apple blocks ‘Fortnite’ maker Epic Games’s app store plans in Europe
Apple has blocked Fortnite maker Epic Games from launching its own third-party app store for iPhone and iPad customers in Europe. This is a surprising escalation of a years-long legal battle between the two tech giants. The Cupertino, California-based company has terminated the developer account of Epic Games’ Swedish affiliate, effectively canceling the video game […]
US bans maker of spyware used to target government officials, journalists
The Treasury has banned the makers of spyware used to target government officials, reporters and activists, introducing “first-ever” sanctions against commercial spyware sellers. us government deployed It imposed sanctions on Greece-based spyware vendor Intellexa and its leadership on Tuesday after targeting U.S. officials. Brian E. Nelson, the Treasury Department’s Under Secretary for Terrorism and Financial […]
Nvidia CEO predicts when AI could pass human tests as chip maker hits $2T milestone
Nvidia CEO Jensen Huang said Friday that artificial general intelligence could arrive in as little as five years, depending on the definition. Huang, head of one of the world’s leading manufacturers of artificial intelligence chips used to build systems such as OpenAI’s ChatGPT, spoke at an economic forum at Stanford University about one of Silicon […]
COVID-19 Vaccine Maker AstraZeneca Sued Over Deaths, Severe Injuries
A nurse fills a syringe with the AstraZeneca COVID-19 vaccine at Dobong Healthcare Center in Seoul, South Korea, on February 26, 2021. South Korea today began its coronavirus vaccination program with the AstraZeneca vaccine targeting 785,000 health workers and people under 65 in nursing homes. (Photo provided by Jeon Young Jae Pool/Getty Images) OAN’s Brooke […]
Walmart is buying TV maker Vizio in play for ad business
Walmart will acquire television maker Vizio for $2.3 billion, the retail chain announced Tuesday. The company said in a press release that the acquisition of Vizio and its smart TV operating system, SmartCast, will help grow Walmart’s media business by “combining VIZIO’s advertising solutions business with Walmart’s reach and capabilities.” “There is a lot to […]
Why Walmart is buying smart-TV maker Vizio
Walmart US CEO John Farner joins “The Big Money Show” to share developments with the retail giant, including the opening of 150 new stores in the United States. Walmart announced Tuesday that it will acquire smart TV maker Vizio for $2.3 billion, with the aim of boosting retail giant Vizio’s fast-growing advertising business. “There is […]
Walmart to buy smart TV maker Vizio for $2.3B, Roku shares tank
Walmart has agreed to pay $2.3 billion to acquire smart TV maker Vizio. The move is a move to shore up the retailer’s burgeoning advertising business to compete with rival Amazon. But analysts say the deal is seen as bad news for Roku. Roku also sells smart TVs and streaming devices, and he has an […]
Leo Terrell Slams San Francisco Democrats, Says They Use Homelessness As ‘Key Profit Maker’
FOX contributor and attorney Leo Terrell claimed during a Fox News appearance Monday that Democrats are using homelessness as a “major profit source.” Terrell appeared on “Hannity” to discuss NBA Hall of Famer Charles Barkley’s recent comments in which he blamed San Francisco’s rapid decline and high homeless population. Fox guest host Kayleigh McEnany asked […]
Largest US semiconductor maker snags $1.5B from stalled Chips Act for plants in NY, Vermont
The Biden administration gave $1.5 billion to the nation’s largest semiconductor maker. This is the first major subsidy from the $52 billion TIP law passed nearly two years ago. GlobalFoundries, the world’s third-largest contract chipmaker, will build a new semiconductor manufacturing facility in Malta, New York, and expand existing operations at the facility and another […]