Source: Recursion Pharmaceuticals AI drug pioneer Recursion Pharmaceuticals said Wednesday that one of its experimental treatments hit a key milestone. Recursion was able to use its artificial intelligence-enabled drug discovery platform to identify an area of biology to target for the treatment of solid tumors and lymphoma, match it with a drug candidate and move … Read more
A worker unloads a new Tesla Model 3 from a truck at a logistics drop zone in Seattle, Washington, US, on Thursday, Aug. 22, 2024. Bloomberg | Bloomberg | Getty Images Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell about 3.5% in premarket trading after the report. Here are the … Read more
The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images U.K. financial regulators hit British digital lender Starling Bank with a £29 million ($38.5 million) fine over failings related to its financial crime prevention systems. In a statement on Wednesday, London’s Financial Conduct Authority said it had fined Starling “for … Read more
Jakub Porzycki | Nurphoto | Getty Images Facebook parent company Meta on Wednesday said that it’s working with two leading banks in the U.K. on an information-sharing arrangement to help protect consumers from fraud. Meta said it was expanding its Fraud Intelligence Reciprocal Exchange (FIPE) to enable U.K. banks to directly share information with the … Read more
Pedestrians on Anne Street South in Dublin, Ireland, on Thursday, March 28, 2024. Bloomberg | Bloomberg | Getty Images Ireland’s government on Tuesday outlined how it intends to spend 13 billion euros ($14.4 billion) in Apple back taxes — a windfall that Dublin actually spent several years fighting to avoid. In a bumper pre-election budget … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks are lower to start October following a strong month of gains in historically weak September. The Nasdaq fell about 1.5%, while the S & P 500 lost nearly … Read more
Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will waive tariffs on industrial imports from four European nations for a $100 billion investment over 15 years, ending nearly 16 years of negotiations. Thierry Monasse | Getty Images … Read more
An Impulse employee works on assembling a Mira vehicle. Impulse Space Los Angeles-based space startup Impulse, which is led by renowned rocket specialist Tom Mueller, has raised $150 million in a new fundraising round led by venture capital firm Founders Fund. Impulse is scaling a product line of orbital transfer vehicles — colloquially known as … Read more
Microsoft CEO Satya Nadella speaks at the company’s annual developer conference in Seattle on May 21, 2024. Max Cherney | Reuters Microsoft said Thursday that it’s starting the process of releasing a broad update to its Windows 11 operating system for PCs. Today, Windows accounts for just 9% of Microsoft’s $245 billion in fiscal 2024 … Read more
A logo of US company’s Meta is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024. Julien De Rosa | Afp | Getty Images A former Meta staffer who was placed on a “Do Not Hire” list after he stalked and harassed … Read more
