BUSINESS
Novavax, a U.S.-based vaccine manufacturer, announced on Wednesday the sale of its Czech Republic production facility to Novo Nordisk, the maker of Wegovy, for $200 million. The proceeds will support Novavax’s efforts to prioritize its vaccine pipeline and strengthen its core business. The sale aligns with the company’s ongoing strategy
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China’s Baidu has obtained a license to test its Apollo robotaxi service in Hong Kong,
Italy’s UniCredit made a surprising move on Monday with a €10 billion ($11 billion) all-share
MARKETS
Bitcoin surpassed $100,000 for the first time on Thursday, marking a significant milestone in its evolution. Analysts view this as a reflection of transformative shifts in finance, technology, and geopolitics. The surge underscores the growing mainstream acceptance of digital currency, now widely utilized by investors, traders, and entrepreneurs as a
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In November, Tesla saw the largest increase in market capitalization among leading global companies, driven
A proposed Trump tariff on Canadian oil could significantly raise fuel prices for Americans and
TECH
Meta, Facebook’s parent company, announced on Wednesday plans to invest $10 billion in constructing an AI-focused data center in Louisiana, set to be the company’s largest data facility globally. The hyperscale data center, planned for Richland Parish, will be designed to handle massive data volumes needed to support digital infrastructure,
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In a strategic effort to rival Elon Musk’s Starlink, European aerospace giants Airbus, Thales, and
Australia responded with a mix of anger and relief on Friday to a new law
SCIENCE
The growing number of satellites and accumulation of space debris risk rendering low Earth orbit unusable unless nations and companies collaborate to share critical data for managing this increasingly congested region, experts and industry leaders warn. In late October, a United Nations panel on space traffic coordination emphasized the urgent
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For more than a century, Einstein’s general theory of relativity has been a cornerstone of
Earth is set to temporarily host a “mini-moon” as the 33-foot-wide asteroid 2024 PT5 gets
ENTREPRENEUR
Capri Holdings announced on Tuesday the departure of Cedric Willmote from his role as chief executive officer at Michael Kors. Cedric Willmote who had served as Michael Kors chief executive since January 2023, will step down from the role and be replaced by Capri Holdings CEO and chairman John Idol.
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Jeff Lawson, synonymous with innovation and entrepreneurial spirit, has significantly shaped the technological landscape. This
Todd Graves, the visionary founder and CEO of Raising Cane’s Chicken Fingers, has built a
LIFESTYLE / ENTERTAINMENT
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