The deposed Venezuelan president and his wife appeared in a Manhattan courtroom as rival protests took place outside The deposed Venezuelan president Nicolás Maduro had a smile on his face as he walked into a Manhattan court with shackles around his ankles and affably shook hands with attorneys at the defense table. But though he appeared at ease on Thursday, Maduro, who was captured in Caracas by...
The deposed Venezuelan president and his wife appeared in a Manhattan courtroom as rival protests took place outside The deposed Venezuelan president Nicolás Maduro had a smile on his face as he walked into a Manhattan court with shackles around his ankles and affably shook hands with attorneys at the defense table. But though he appeared at ease on Thursday, Maduro, who was captured in Caracas by US special forces on 3 January, faces a “narco-terrorism” indictment that could land him in federal prison for life. Continue reading...
Never miss an episode. Follow The Big Take daily podcast today. Just when it seemed that Netflix had clinched the deal to purchase Warner Bros. Discovery, Paramount Skydance Corp. swooped in with a $110 billion counter-offer that was ultimately too good for the studio to pass up. On today’s Big Take podcast, Bloomberg’s Lucas Shaw and Chris Palmeri take host Sarah Holder inside the behind-the-scen...
Never miss an episode. Follow The Big Take daily podcast today. Just when it seemed that Netflix had clinched the deal to purchase Warner Bros. Discovery, Paramount Skydance Corp. swooped in with a $110 billion counter-offer that was ultimately too good for the studio to pass up. On today’s Big Take podcast, Bloomberg’s Lucas Shaw and Chris Palmeri take host Sarah Holder inside the behind-the-scenes negotiations that secured the deal for Paramount, how Netflix co-CEO Ted Sarandos explained his company’s decision to walk away – and the twists and turns that could still be coming in this story as two mega-studios become one. Read more: What the Paramount-Warner Merger Means for Hollywood David Ellison Used Political Ties, Deep Pockets to Buy Warner Bros. Netflix’s Co-CEO Explains Why He Quit the Warner Bros. Fight
Veritone ( VERI ) on Thursday said it has entered a multi-year agreement with Oracle to migrate its AI solutions to Oracle Cloud Infrastructure. The company said the partnership will support scalability, security, and performance of its AI offerings, including its aiWARE platform, as well as its data refinery and data marketplace products. Veritone plans to use Oracle’s cloud infrastructure to exp...
Veritone ( VERI ) on Thursday said it has entered a multi-year agreement with Oracle to migrate its AI solutions to Oracle Cloud Infrastructure. The company said the partnership will support scalability, security, and performance of its AI offerings, including its aiWARE platform, as well as its data refinery and data marketplace products. Veritone plans to use Oracle’s cloud infrastructure to expand services across commercial, public sector, and AI data economy segments, including media and government applications. ORCL +0.27% after hours to $143.2. Source: Press Release More on Oracle, Veritone Wall Street Lunch: Huang, Zuckerberg, Ellison Join Trump's Tech Council Oracle: Multicloud A Recurring Revenue Engine Oracle: Anthropic Surge Creates New Problems Veritone reports Q4 preliminary results Jensen Huang, Mark Zuckerberg among Trump's tech council
President Donald Trump says the US won't attack Iran's energy sites for at least 10 more days. He's hoping a new deal can be reached. Kailey Leinz reports. (Source: Bloomberg)
President Donald Trump says the US won't attack Iran's energy sites for at least 10 more days. He's hoping a new deal can be reached. Kailey Leinz reports. (Source: Bloomberg)
Conservative former cabinet minister says nurse convicted of murdering seven babies has suffered a miscarriage of justice The police force that conducted the investigation into the nurse Lucy Letby made “egregious” failures and did not follow official guidance or best professional practice, David Davis has said in parliament. Speaking in the final parliamentary debate before the Easter recess, the...
Conservative former cabinet minister says nurse convicted of murdering seven babies has suffered a miscarriage of justice The police force that conducted the investigation into the nurse Lucy Letby made “egregious” failures and did not follow official guidance or best professional practice, David Davis has said in parliament. Speaking in the final parliamentary debate before the Easter recess, the Conservative former cabinet minister made a series of criticisms of Cheshire police and said Letby has suffered a miscarriage of justice. Davis said Cheshire police failed to appoint appropriate medical and statistics experts, and pursue all possible lines of inquiry into why babies died and collapsed on the “failing” neonatal unit of the Countess of Chester hospital in 2015-16. Continue reading...
Alones Creative/iStock via Getty Images The fate of the Strait of Hormuz is the most important consideration for much of the world right now, given how much oil transits through it—1 in 5 barrels globally. Since the outbreak of the U.S.-Iran War just under a month ago, transit has been perilous, with civilian vessels having been hit by the Iranian military . Now that oil is really starting to beco...
Alones Creative/iStock via Getty Images The fate of the Strait of Hormuz is the most important consideration for much of the world right now, given how much oil transits through it—1 in 5 barrels globally. Since the outbreak of the U.S.-Iran War just under a month ago, transit has been perilous, with civilian vessels having been hit by the Iranian military . Now that oil is really starting to become thin around certain parts of the world, like Japan and Asia at large, Tehran has put out a new policy: transit is possible for non-American and Israeli ships, but it comes with a catch: you have to pay the toll, and the toll is $2M , preferably in yuan or crypto . What at first appeared to me as a rogue IRGC commander trying to profit from the situation is now being considered by the Iranian parliament , which may codify a toll for ships passing through Hormuz. Hormuz Isn't Like The Suez Or Panama Canals One of the reasons why countries can take fees on transit through tight corridors (which was the justification for Iran imposing fees) is because the vessels have to actually enter the country to transit. But the Strait of Hormuz doesn't exist inside any country's physical boundaries, and the part where ships transit actually sits inside Oman's exclusive economic zone. BBC Even then, UNCLOS , international maritime law, holds that straits cannot be monetized like canals. Coastal nations are unable to do what Iran is trying to do, at least legally. But international maritime law obviously does not matter here. What matters is who will pay the illegal toll. That figure is still lost in the fog of war, and it's unclear how many ships, if any at all, have actually paid Iran. One sign that we can use to confirm this is happening is that ships that have passed through the strait—before these new 10 just announced , as those were a “present to Trump,” as said by the IRGC—have been rerouting themselves close to the Iranian coastline. This is presumably so that the IRGC, whose pr...
Ukraine Government Schemed To Funnel War Aid To Biden Campaign According to a newly declassified intelligence report, U.S. intelligence agencies intercepted communications from Ukrainian government officials back in 2022 discussing a scheme to siphon off hundreds of millions in American taxpayer dollars. The funds, earmarked for clean energy projects in the war-torn country, were allegedly redirec...
Ukraine Government Schemed To Funnel War Aid To Biden Campaign According to a newly declassified intelligence report, U.S. intelligence agencies intercepted communications from Ukrainian government officials back in 2022 discussing a scheme to siphon off hundreds of millions in American taxpayer dollars. The funds, earmarked for clean energy projects in the war-torn country, were allegedly redirected to the United States to benefit Joe Biden’s 2024 reelection campaign and the Democratic National Committee. The report, obtained by Just the News, summarizes raw intercepts gathered by U.S. spy agencies in late 2022. Officials familiar with the material say the communications are not believed to be tied to Russian disinformation efforts. The declassified summary is very specific. "The Ukrainian Government and unspecified U.S. Government personnel, through USAID in Kyiv, reportedly developed a plan that would provide hundreds of millions of US taxpayer dollars to fund an infrastructure project for Ukraine that would be used as a cover to send approximately 90% of funds allocated to the DNC to fund Joe Biden's reelection campaign," the document states. The mechanics described are textbook money-laundering architecture. "The plan included details of how subcontractors would be funded through U.S. companies so that how the funds were spent and allocated would be difficult to track," the report explains. Two American subcontractors were named in the raw intercepts as conduits for funneling money toward Democratic coffers, though their identities remain redacted in the declassified version. According to the Council on Foreign Relations, Ukraine became by far the top recipient of U.S. foreign aid after Russia's invasion in February 2022 — the first time a European nation held that distinction since the Marshall Plan. As of December 31, 2025, Congress had made available $188 billion in Ukraine-related spending, with $164 billion flowing from just five pieces of legislation. The...
Shares of online advertising giant Alphabet (NASDAQ:GOOGL) fell 3.6% in the afternoon session after a Los Angeles jury found major social media platforms negligent, ruling that their products are designed to be addictive and cause harm to young users.
Shares of online advertising giant Alphabet (NASDAQ:GOOGL) fell 3.6% in the afternoon session after a Los Angeles jury found major social media platforms negligent, ruling that their products are designed to be addictive and cause harm to young users.
The standard plan without ads now costs $19.99 per month, a $2 increase from the previous $17.99 subscription fee, while the premium plan is also going up by $2 and will now cost $26.99 per month.
The standard plan without ads now costs $19.99 per month, a $2 increase from the previous $17.99 subscription fee, while the premium plan is also going up by $2 and will now cost $26.99 per month.
SpyGlass Pharma, Inc. press release ( SGP ): Q4 GAAP EPS of -$5.72. Cash, Cash Equivalents and Short-Term Investments totaled $107.4 million as of December 31, 2025. This balance excludes proceeds from the Company’s initial public offering of $172.5 million before associated underwriting discounts, commissions and other offering costs. With the IPO proceeds, SpyGlass Pharma expects its current cas...
SpyGlass Pharma, Inc. press release ( SGP ): Q4 GAAP EPS of -$5.72. Cash, Cash Equivalents and Short-Term Investments totaled $107.4 million as of December 31, 2025. This balance excludes proceeds from the Company’s initial public offering of $172.5 million before associated underwriting discounts, commissions and other offering costs. With the IPO proceeds, SpyGlass Pharma expects its current cash position to fund planned operations through 2028. More on SpyGlass Pharma, Inc. SpyGlass Pharma Sees IPO Ahead For Its Ocular Pressure Treatment Candidates SpyGlass Pharma surges on public debut; AgomAb falls SpyGlass, Agomab to make Nasdaq debuts with a combined $350M offering Historical earnings data for SpyGlass Pharma, Inc. Financial information for SpyGlass Pharma, Inc.
LD/iStock via Getty Images Federal Reserve Board Governor Lisa Cook said that large bank credit commitments to nonbank financial institutions have grown at about three times the pace of commercial and industrial lending. Cook was speaking on "Reflections on Financial Stability" before an event co-presented by the Yale Program on Financial Stability . "Recently, among the issues we have discussed a...
LD/iStock via Getty Images Federal Reserve Board Governor Lisa Cook said that large bank credit commitments to nonbank financial institutions have grown at about three times the pace of commercial and industrial lending. Cook was speaking on "Reflections on Financial Stability" before an event co-presented by the Yale Program on Financial Stability . "Recently, among the issues we have discussed are hedge fund trading strategies, the rise of private credit arrangements, and the connections between banks and a range of nonbank financial entities," said the Fed governor. "Large bank credit commitments to nonbank financial institutions have grown at an annualized rate of about 9%, roughly three times the pace of C&I (commercial and industrial) lending," said Cook. Furthermore, the category that includes special purpose entities, collateralized loan obligations, and asset-backed securities has expanded recently, according to Cook. The Fed is set to release its Financial Stability Report later this spring. "Americans depend on a stable financial system to start and support families, buy homes and vehicles, start businesses, and pay for their education. Ultimately, our efforts to maintain financial stability are a service to the American people," said Cook. In February, Cook had signaled that she would not support another interest rate cut until she sees more progress on inflation, noting that the risks are tilted toward higher inflation than a weakening labor market. Developing... Check back for updates. More on Lisa Cook Fed Governor Lisa Cook says unemployment may rise because of AI, raises issues to consider Fed's Powell to attend Supreme Court hearing on Lisa Cook case - report
LB Pharmaceuticals Inc press release ( LBRX ): Q4 GAAP EPS of -$0.45. Cash, cash equivalents, and investments of $295.2 million as of December 31, 2025,and proceeds from recent $100 million private placement, expected to provide cash runway into Q2 2029 More on LB Pharmaceuticals Inc LB Pharmaceuticals stock rises on $100M financing Historical earnings data for LB Pharmaceuticals Inc Financial inf...
LB Pharmaceuticals Inc press release ( LBRX ): Q4 GAAP EPS of -$0.45. Cash, cash equivalents, and investments of $295.2 million as of December 31, 2025,and proceeds from recent $100 million private placement, expected to provide cash runway into Q2 2029 More on LB Pharmaceuticals Inc LB Pharmaceuticals stock rises on $100M financing Historical earnings data for LB Pharmaceuticals Inc Financial information for LB Pharmaceuticals Inc
What Happened in Markets Today The Iran war weighed on markets once again. The S&P 500 declined 1.7% and the Nasdaq shed 2.4%. Front month Brent crude gained 5.7% to $108.01 per barrel. Bonds sold off, with the 10-year U.
What Happened in Markets Today The Iran war weighed on markets once again. The S&P 500 declined 1.7% and the Nasdaq shed 2.4%. Front month Brent crude gained 5.7% to $108.01 per barrel. Bonds sold off, with the 10-year U.
Apple Inc. awarded rare bonuses to iPhone hardware designers this week, aiming to stem a wave of departures to AI startups like OpenAI that are building their own devices. The company granted out-of-cycle bonuses worth several hundred thousand dollars to many members of its iPhone Product Design team, according to people with knowledge of the matter. Apple’s leadership has grown increasingly conce...
Apple Inc. awarded rare bonuses to iPhone hardware designers this week, aiming to stem a wave of departures to AI startups like OpenAI that are building their own devices. The company granted out-of-cycle bonuses worth several hundred thousand dollars to many members of its iPhone Product Design team, according to people with knowledge of the matter. Apple’s leadership has grown increasingly concerned about the number of engineers being poached by potential rivals. OpenAI, which has tapped former Apple design chief Jony Ive to help design a new generation of AI-centric products, has emerged as a particular threat. The bonuses were issued as stock units that vest over four years, meaning employees must remain at Apple to receive the full value, said the people, who asked not to be identified because the move wasn’t public. It’s a typical structure for Apple stock-based pay packages. In many cases, the awards — separate from Apple’s typical bonuses — are worth roughly $200,000 to $400,000 over the full vesting period. The packages could ultimately offer a bigger payoff depending on the company’s stock performance. A spokesperson for the Cupertino, California-based company declined to comment. Read More: Apple Ramps Up Work on Glasses, Pendant, and Camera AirPods for AI Era Employees see the pay bumps as a direct response to a recent uptick in recruiting from startups. Still, the bonuses are a fraction of what OpenAI and others are offering. In some cases, those companies are paying individual Apple engineers roughly $1 million in stock annually to jump ship. OpenAI’s hardware division is run in part by Apple veteran Tang Tan. He used to oversee the iPhone product design team that’s receiving the bonuses. Tan’s group at OpenAI has hired several dozen Apple engineers, and not just ones who worked on the iPhone. The startup has lured employees who helped develop the iPad, Apple Watch and Vision Pro. Apple’s iPhone product design group is now run by longtime executive Ric...
Kyverna Therapeutics press release ( KYTX ): Q4 GAAP EPS of -$0.80 beats by $0.05 . Kyverna reported $279.3 million in cash, cash equivalents, and marketable securities as of December 31, 2025. The Company expects to have a cash runway into 2028, funding its SPS BLA filing and commercial launch and its Phase 3 gMG trial. More on Kyverna Therapeutics Kyverna Therapeutics, Inc. (KYTX) Presents at Le...
Kyverna Therapeutics press release ( KYTX ): Q4 GAAP EPS of -$0.80 beats by $0.05 . Kyverna reported $279.3 million in cash, cash equivalents, and marketable securities as of December 31, 2025. The Company expects to have a cash runway into 2028, funding its SPS BLA filing and commercial launch and its Phase 3 gMG trial. More on Kyverna Therapeutics Kyverna Therapeutics, Inc. (KYTX) Presents at Leerink Global Healthcare Conference 2026 Transcript Kyverna Therapeutics: The King Of The CAR-T Autoimmune Revolution Kyverna Therapeutics, Inc. (KYTX) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Seeking Alpha’s Quant Rating on Kyverna Therapeutics Historical earnings data for Kyverna Therapeutics
EvgeniyShkolenko Artificial intelligence will generate far more positions than it eliminates, said Walter Isaacson, Tulane University professor and Perella Weinberg advisory partner. In an interview with CNBC, Isaacson dismissed apocalyptic predictions about AI-driven unemployment, pointing instead to tangible growth in sectors like data centers and construction, where 600,000 new jobs are current...
EvgeniyShkolenko Artificial intelligence will generate far more positions than it eliminates, said Walter Isaacson, Tulane University professor and Perella Weinberg advisory partner. In an interview with CNBC, Isaacson dismissed apocalyptic predictions about AI-driven unemployment, pointing instead to tangible growth in sectors like data centers and construction, where 600,000 new jobs are currently being created. Just in the last couple of years, AI has created approximately 1.2M new jobs, he added. “The main place that you see job loss due to AI is in the press releases that companies are putting out,” Isaacson said. He compared current fears about AI to the Luddite movement of the 1840s, when workers attacked automated weaving looms out of fear they would eliminate jobs. Instead, the fabric industry saw more than ten times the number of workers two to three decades later as automation increased productivity and expanded businesses. Isaacson acknowledged that disruption is real, particularly for entry-level white-collar workers who lack AI training. However, he argued that productivity gains historically create new opportunities rather than permanent job losses. “Unless we run out of things people could possibly want, there’ll be new jobs to fulfill things,” he said. At Tulane, Isaacson has taken a proactive approach to preparing students for an AI-driven economy. Rather than discouraging AI use, he requires his students to employ three different AI tools on every project and demonstrate their work using the technology. “Somebody who is very versatile at using AI is going to be far more likely to get a job,” he explained. Isaacson emphasized that universities must train students to connect AI tools to diverse industries such as medicine, law, and biotech. He advocates for curricula that encourage curiosity and flexibility rather than narrow specialization, noting that students should learn to apply tools like Claude, ChatGPT, and Google Gemini to real-world proble...