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Welcome back! The fast-moving, big business of weight-loss drugs is already shifting to its next stage. Here’s a rundown of five upcoming pills and injections to keep an eye on.In today’s big story, Microsoft’s massive bet on AI with Copilot has yet to live up to the hype, potentially raising…
By Gloria Dickie BAKU (Reuters) – This year’s U.N. climate summit – COP29 – is being held during yet another record-breaking year of higher global temperatures, adding pressure to negotiations aimed at curbing climate change. The last global scientific consensus on climate change was released in 2021 through the Intergovernmental…
Amazon founder Jeff Bezos has backed at least three spatial intelligence startups this year.Spatial intelligence uses AI-powered robots to navigate freely within their environment.BI has compiled a list of which AI robotics startups Bezos has backed so far, per PitchBook. Jeff Bezos is joining a slew of top-tier investors, including…
By Brendan Pierson (Reuters) -Abbott and Reckitt unit Mead Johnson are not responsible for a young boy’s debilitating intestinal disease, a jury found on Thursday in a lawsuit accusing them of failing to warn of their premature baby formulas’ risks. The ruling is a victory for the two companies following…
New York low-key women’s fashion brand Veronica Beard just launched a collaboration with the NFL.The collab features 32 separate $1,000 jackets emblazoned with each NFL team’s logo and colours.Sport is a new frontier for luxury and designer brands wanting to leverage growth amid a downturn. The lines between sports and…
By Ben Blanchard and Greg Torode TAIPEI (Reuters) – China said its day of war games around democratically governed Taiwan on Monday was a warning against “separatist acts” and threatened more could be in the offing, drawing condemnation from the governments of Taiwan and the United States. Though apparently shorter…
By Brendan Pierson (Reuters) -Bayer must pay $78 million to a Pennsylvania man who said he got cancer from using the company’s Roundup weedkiller, a state court jury in Philadelphia found on Thursday. The verdict follows previous consecutive victories for Bayer (OTC:) in that court. The company had won 14…
OpenAI is open to some changes.The world’s most high-profile startup is reportedly looking to restructure itself into a for-profit benefit corporation, ending control of the company by its non-profit board.The process would also include giving equity to CEO Sam Altman, who currently holds no stake in the startup poised to…
Federal workers in Washington, DC, still have flexibility about where they work, and JPMorgan Chase CEO Jamie Dimon isn’t impressed.Speaking at The Atlantic Festival in the nation’s capital on Friday, Dimon discussed politics in the US and abroad in response to a question from Jeffrey Goldberg, editor in chief of…
Apple’s in-app fees are eating away at creator earnings without giving much back in return, according to disgruntled members of the influencer industry.The tech giant takes a 30% cut of purchases made in iOS apps, and this levy has spread to more creator platforms. Patreon is the latest to be…
