Technology
Palo Alto Networks to Acquire CyberArk in $25 Billion Cybersecurity Deal
Palo Alto Networks has announced plans to acquire Israeli identity security firm CyberArk in a deal valued at approximately $25 billion. Under the agreement, CyberArk shareholders will receive $45...
Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial
Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...
Best Buy to Launch Ikea Mini-Showrooms in Select Stores
Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...
JPMorgan Chase Expands with 1,000 New Branches in Seven Years
JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...
Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales
Moderna announced plans to reduce its global workforce by about 10% by the end...
Amazon Expands into Pet Medications with New Online Prescription Service
Amazon announced Thursday that it is now offering a service for pet owners to order prescriptions for their dogs and cats online. The service...
Elizabeth Holmes’ Appeal Denied, Leaving Supreme Court as Last Resort
Elizabeth Holmes, the former CEO of Theranos, has lost her bid to have her fraud conviction reheard. On Thursday, the 9th Circuit U.S. Court...
Palantir Joins Top 10 U.S. Tech Companies by Market Cap, Surpassing Salesforce
Palantir has officially entered the ranks of the top 10 U.S. technology companies by market cap, achieving a valuation of $281 billion. This marks...
Pinterest Surpasses Expectations in Q1 Earnings, Shares Jump 15%
Pinterest shares soared 15% in after-hours trading following the release of its first-quarter earnings, which exceeded expectations and offered an optimistic outlook for the...
Affirm Posts Strong Profits but Lower Revenue Guidance, Shares Drop
Affirm, a leader in the buy now, pay later (BNPL) market, reported stronger-than-expected earnings for the prior quarter but issued a revenue forecast for...
Lyft Boosts Share Buyback and Posts Strong Q1 Earnings
Lyft shares rose 7% after the company revealed it would boost its share buyback program to $750 million in its first-quarter earnings report. Following...
Ex-CEO of Celsius Network Sentenced to 12 Years for Fraud
Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of...
SMIC Q1 Earnings Miss Estimates, Shares Drop Amid Production Challenges
Shares of Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chipmaker, dropped nearly 7% on Friday after its first-quarter earnings fell short of expectations....
How AI Is Quietly Transforming the Culinary World
At this year’s Michelin Guide awards in France, the buzz extended beyond the stars gained or lost. Conversations among chefs were increasingly dominated by...
OpenAI Set to Acquire Coding Tool Windsurf for $3 Billion
OpenAI has reportedly agreed to acquire the artificial intelligence-assisted coding tool Windsurf for approximately $3 billion, according to sources familiar with the deal. Although...
OpenAI Keeps Nonprofit Control Amid Restructuring Changes
OpenAI has made a significant decision to reverse its restructuring plans, opting to maintain control under its nonprofit parent. This move is a direct...
Hinge Health’s Resilient Rise in Digital Physical Therapy
Mecklenburg, who initially met while pursuing PhDs in the UK. Their shared interest in healthcare innovation, inspired by personal experiences with injuries, led them...
Trump’s Crypto Fundraisers: A $1.5M Dinner and the $TRUMP Token Gala
President Donald Trump is hosting two crypto-focused fundraising events this month, each designed to generate millions of dollars for his campaign. The first is...
Hims & Hers Appoints Former Amazon Executive Nader Kabbani as COO
Hims & Hers Health announced the appointment of Nader Kabbani, a former Amazon executive, as its new chief operations officer. Kabbani, who spent nearly...
