Dua Lipa and Callum Turner Spotted Enjoying Romantic Day Out in Beverly Hills
Dua Lipa, the renowned singer, was spotted enjoying a romantic day out with her new boyfriend, Callum Turner, the star of Masters of the Air. The couple was seen indulging in a PDA-filled outing in Beverly Hills, where they were…
Dead & Company to Reunite for Residency at Las Vegas Sphere
Dead & Company, the Grateful Dead offshoot band featuring John Mayer, is set to reunite for a residency at the new Las Vegas Sphere. This exciting news comes a year after the band announced their final tour, leaving fans eager…
The End of Internet Cookies: Adapting to a Privacy-Focused Era
The era of internet cookies is coming to an end as the digital advertising and media industry grapples with the transition to privacy-focused technologies and regulations. At the Annual Leadership Meeting in Marco Island, Florida, IAB CEO David Cohen emphasized…
Judge Rules Against Elon Musk’s $55 Billion Compensation Package
Elon Musk, the CEO of Tesla, has been dealt a blow as a judge has ruled that he cannot keep a compensation package worth more than $55 billion. The decision came as the judge sided with shareholders in a legal…
Biogen Terminates Phase 4 Trial for Aducanumab, Transfers Ownership Rights
Biogen, the pharmaceutical company behind the development of aducanumab, has announced the termination of the Phase 4 trial mandated by the FDA for the drug. Aducanumab, a monoclonal antibody targeting beta-amyloid, had received accelerated approval in 2021. However, the company…
New York Community Bancorp Faces Unexpected Loss and Dividend Reduction
New York Community Bancorp (NYCB) faced a tumultuous fourth quarter, resulting in an unexpected loss and subsequent dividend reduction. The bank’s aggressive expansion in the past year, including the acquisition of Flagstar Bank and assets from the failed Signature Bank,…
Tech’s Mixed Bag: The Bloomberg Open, Asia Edition
Tech’s Mixed Bag: The Bloomberg Open, Asia Edition By Joshua Fellman | January 30, 2024 Good morning. Alphabet falls on ad revenue, Microsoft’s sales jump. US strength puts the Fed in a bind. And supercars go quick. In the tech…
Cigna to Sell Medicare Business for $3.3 Billion in Cash to Health Care Service Corp.
Health insurer Cigna (CI) has reached an agreement to sell its Medicare business for a staggering $3.3 billion in cash to Health Care Service Corp. (HCSC), a prominent nonprofit health insurer, as reported by The Wall Street Journal on Wednesday….
Alphabet Struggles to Catch Up with Microsoft in Cloud and AI Markets
Alphabet Inc. (GOOG -6.50%) (GOOGL -6.57%) has been facing challenges in catching up with Microsoft Corporation (MSFT -1.35%) in the cloud and AI markets. In the first nine months of 2023, Alphabet generated 78% of its revenue from Google’s advertising…
Financial Markets Set for Busy Week with Key Central Bank Meetings, Data Releases, and Big Tech Earnings
The upcoming week is set to be a busy one for financial markets, with major events such as key central bank meetings in the UK and US, important data releases including eurozone inflation and US NFP, and the US Treasury…