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Gilead Sciences Sued By Government Over Truvada Patent
Gilead Sciences Inc. (NASDAQ: GILD) is being sued by the federal government over the patent rights to Truvada, Gilead’s HIV prevention drug. The lawsuit, filed in U.S. District Court for the District of Delaware by the Department... More of this article »
Airbnb Launches Sitewide Verification Process
Airbnb has announced that it will review and verify all 7 million listings on its site by the end of next year. The news, along with other information, was published in an email sent by Airbnb Co-Founder, CEO and Head of Community,... More of this article »
People Turning To Social Media For STD Diagnoses
People are increasingly turning to social media to diagnose medical conditions. This has even extended to the diagnosis of sexually transmitted diseases, according to a new study published in the Journal of the American Medical... More of this article »
Resupply Mission To Space Station Launches Successfully
A spacecraft on a resupply mission to the International Space Station has successfully lifted off from a launch pad on Virginia’s Eastern Shore. The spacecraft, comprised of a Northrop Grumman Antares rocket and a Cygnus supply... More of this article »
Uber Making Big Push Into Financial Services
Ride-hailing platform Uber Technologies Inc. (NYSE: UBER) is launching a suite of financial products aimed at making transactions and payments easier for its drivers and riders. The new suite financial products and technologies... More of this article »
Alphabet Misses On Earnings, Beats On Revenue
Google’s parent company Alphabet Inc. (NASDAQ: GOOGL) reported a sharp drop in profit for the third quarter of its fiscal year. The company reported that net income in the third quarter was $7.1 billion, or $10.12 a share, down... More of this article »
Potential Cause Of Mystery Illness Found
A paralytic illness that’s struck down hundreds of children across the U.S. in recent years has baffled medical experts looking for a cause. Case of the polio-like disease, known as acute flaccid myelitis or AFM, has spiked every... More of this article »
Artists Pledge To Boycott Amazon Over ICE Connections
More than 400 artists have sent an open letter to Amazon.com Inc. (NASDAQ: AMZN) pledging to boycott Amazon events and partnerships unless the company cuts ties with U.S. Immigration and Customs Enforcement (ICE). The open letter,... More of this article »
McDonald’s Misses On Earnings And Revenue
McDonald’s Corp. (NYSE: MCD) missed expectations for both earnings and revenue in the third quarter, sending its shares falling. The company reported earnings per share of $2.11 on revenue of $5.4 billion for the quarter. Analysts... More of this article »
Scientists Find Fat Clogging Lungs And Airways
A study by Australian researchers has found fatty tissue in the lungs and airway walls of overweight people. It’s the first time fatty deposits have been spotted in the lungs and the researchers believe that the build-up may... More of this article »
European Regulators Approve Merck’s Ebola Vaccine
European regulators have announced their approval of the world’s first Ebola vaccine. A panel of the European Medicines Agency is recommending conditional marketing authorization for the experimental vaccine. The vaccine, developed... More of this article »
Bank Of America Posts Better-than-expected Profit And Revenue
Bank of America Corp. (NYSE: BAC) beat analysts’ estimates for both profit and revenue in the third quarter. The bank earned 56 cents in per-share earnings from $12.1 billion in net interest income. The consensus expectation... More of this article »
Elizabeth Warren Using Facebook’s Policies Against It
Democratic presidential candidate Elizabeth Warren has found a way to use Facebook’s policy against fact-checking politicians against it. Her team has gotten an ad approved by Facebook calling out the policy and how it could... More of this article »
Sperm Boosting Compound Found In Tomatoes
A compound found in tomatoes could help tackle fertility problems in men by boosting the quality and health of their sperm. Scientists at the University of Sheffield in England found that lycopene, the pigment that makes tomatoes... More of this article »
General Electric Announces Employee Pension Plan Freeze
General Electric (NYSE: GE) has announced that it is freezing the pensions of 20,000 U.S. salaried workers and 700 employees in its supplemental pension program. According to GE, the workers affected by the change won’t accrue... More of this article »
Dick’s Sporting Goods Destroys Unsold Assault Rifles
Dick’s Sporting Goods (NYSE: DKS) has destroyed about $5 million worth of assault rifles after deciding not to sell them or return them to manufacturers. The CEO of Dick’s Sporting Goods, Ed Stack, said that the company turned... More of this article »
Facebook’s Encryption Plans Alarm Law Enforcement
Law enforcement agencies in the United States and elsewhere are at odds with Facebook over its plans to increase end-to-end encryption across its messaging platforms. Facebook founder Mark Zuckerberg pledged earlier this year... More of this article »
Legionnaires’ Outbreak Potentially Linked To State Fair Hot Tubs
The North Carolina Department of Health has traced an outbreak of Legionnaires’ disease to the North Carolina Mountain State Fair that ran from September 6 to 15. Specifically, the most likely source of infection has been identified... More of this article »
Missile Launched From California Base
An unarmed Minuteman 3 intercontinental ballistic missile has been launched from Vandenberg Air Force Base in California in a test of the intercontinental ballistic missile system. A team of airmen from the 341st Missile... More of this article »
Match Group Facing FTC Lawsuit, DOJ Investigation
Online dating company Match Group Inc. (NASDAQ: MTCH) appears to be in a lot of hot water. The company has been sued by the Federal Trade Commission (FTC) over alleged deception of its customers. That lawsuit has sparked a separate... More of this article »
Fungicide Found In Illegal Vape Cartridges
A recent test of vape cartridges by a cannabis testing facility in California found that all of the illegal vape cartridges tested contained a fungicide that could introduce an extremely dangerous poison to the body. None of the... More of this article »
We Co. Takes New Path Under New Leadership
We Co. is trying to right its ship with new leadership after Adam Neumann stepped down as chief executive. We’s new co-chief executives, Artie Minson and Sebastian Gunningham, are planning to chart a new course for the company.... More of this article »
Google Wins ‘Right to Be Forgotten’ Ruling
Europe’s highest court has limited the reach of the landmark online privacy law known as “right to be forgotten” in a big win for Google. The company and other search engines had been fighting a French effort to force them to... More of this article »
Tanzania Accused Of Hiding Ebola Cases
The World Health Organization (WHO) has issued a rare rebuke to the nation of Tanzania over concerns that the country may be hiding information about Ebola cases occurring within its borders. The allegation follows reports... More of this article »
Thousands Of Facebook Apps Suspended After Investigation
Facebook has suspended tens of thousands of apps from its platform, according to court filings unsealed by a state court in Boston. The documents showed that Facebook Inc. (NASDAQ: FB) had suspended 69,000 apps, 10,000 of which... More of this article »
Amazon Makes It Easier To Pay Cash For Purchases
Amazon.com Inc. (NASDAQ: AMZN) is making shopping on its platform easier for people who prefer paying with cash versus plastic. Amazon PayCode, currently available in 19 countries around the world, will roll out to U.S. shoppers... More of this article »
Walmart Expanding Grocery Delivery With New Program
Walmart Inc. (NYSE: WMT) will be giving its customers access to unlimited same-day grocery deliveries this fall with its Delivery Unlimited program. The company has been testing the program in Houston, Miami, Salt Lake City, and... More of this article »
Common Antibiotic Linked To Heart Problems
A link has been found between one of the most commonly prescribed classes of antibiotics and two types of heart problems. A new study has discovered that fluoroquinolones are associated with an increased risk of developing both... More of this article »
50 Attorneys General Join Antitrust Probe Of Google
Fifty attorneys general are joining an investigation into Alphabet’s (NASDAQ: GOOGL) Google over possible antitrust violations, confirming reports that emerged last week about a bipartisan investigation into Google’s practices.... More of this article »
Target Hiring 130,000 For Holiday Season
Target Corp. (NYSE: TGT) has announced plans to hire more than 130,000 seasonal workers for the holiday shopping season to work in its stores and distribution centers. According to the retailer, about 125,000 jobs will be positioned... More of this article »
Roku Smart TVs To Be Available In Europe
Roku Inc. (NASDAQ: ROKU) has announced that it will let manufacturers license reference designs for its TVs and use Roku OS to create smart TVs for sale in Europe. It expects to launch its first TVs in the U.K. toward the end... More of this article »
New Study Shows All Sodas May Be Bad For You
While diet sodas have long been touted as a healthier alternative to their full-sugar counterparts, a new study appears to show that drinking too much of any type of soda may be bad for your health. The study, involving about 450,000... More of this article »
AT&T Takes Top Spot In Wireless Testing
Virginia-based Global Wireless Solutions (GWS), an independent testing firm, has released the results of its latest study of voice and data test of the biggest wireless companies in America. The company released an announcement,... More of this article »
Teenager’s Poor Diet Leads To Blindness
Reports have emerged of a teen who slowly went blind as a result of his poor diet despite having no visible signs he was malnourished. The damage to his eyesight was ultimately traced to the lack of nutrition in his diet, which... More of this article »
YouTube Fined Over Children’s Privacy Violations
The Federal Trade Commission has voted to fine Google $150 million to $200 million to settle accusations that its YouTube subsidiary had been illegally collecting personal information about children. More than 20 consumer advocacy... More of this article »
Drug Mistake Causes “Werewolf Syndrome” In 17 Children
A drug mistake at a pharmacy in Spain has resulted in 17 cases of children growing excessive hair on their bodies in an outbreak of hypertrichosis, commonly known as “werewolf syndrome.” The 17 cases were reported by... More of this article »
Disney Announces New Partnership With Target
The Walt Disney Company (NYSE: DIS) and Target Corp. (NYSE: TGT) have announced a partnership that will see the companies collaborate on several projects over the next few years. The first project, new Disney-focused digital... More of this article »
Vitamin D Deficiency Linked To Behavioral Problems
Researchers from the University of Michigan say that their latest study suggests a link between vitamin D deficiency and behavioral problems. According to their study of schoolchildren, younger kids with low levels of the vitamin were... More of this article »
European Fund Floated To Invest In Tech Companies
European Union officials are floating a plan to create a sovereign wealth fund intended to invest in companies that could compete with U.S. and Chinese tech giants. According to an internal document detailing the plan, the fund... More of this article »
Disney Accused Of Inflating Revenue
A former senior financial analyst for Walt Disney Co. (NYSE: DIS) has accused the company of repeatedly and systematically overstating its revenue for years. Sandra Kuba, who worked for Disney’s revenue operations unit for 18... More of this article »
Brain Changes Seen With Common ADHD Medication
A common drug used to treat attention-deficit/hyperactivity disorder (ADHD) appears to actively change the development of the brain in boys who take it. The drug methylphenidate (MPH), sold under trade names including Ritalin... More of this article »
Apple’s Face ID Tricked With Simple Method
Researchers from Tencent presenting at the Black Hat security conference in Las Vegas demonstrated a relatively simple way to break into someone’s iPhone by bypassing the Face ID feature. Apparently, if taped glasses are put... More of this article »
Bayer Seeks To Settle Roundup Claims For $8 Billion
Monsanto parent company Bayer AG has reportedly offered $8 billion to settle claims that its Roundup weedkiller causes cancer. The $8 billion deal would settle the roughly 18,000 claims that the company is currently facing, as... More of this article »
Novartis Subsidiary Accused Of Data Manipulation
AveXis, a subsidiary of Novartis AG (NYSE: NVS), has been accused of submitting manipulated data to the U.S. Food and Drug Administration (FDA) ahead of the approval of its gene-therapy drug Zolgensma. The FDA revealed the data-manipulation... More of this article »
Apple Sued Over Siri Recordings
Apple is facing a class-action lawsuit claiming that the company’s Siri voice assistant is violating user privacy by allegedly recording consumers and minors without consent. The lawsuit also accuses Apple of failing to... More of this article »
New Blood Test Used To Detect Early-stage Breast Cancer
A research team that included scientists at Arizona State University, the City of Hope, Mayo Clinic, and the Cancer Research UK Cambridge Institute, have developed a new blood test to detect breast cancer that is said to be 100-times... More of this article »
Juul Wants To Track Your Vaping
Silicon Valley startup Juul has just released a new e-cigarette that can monitor users’ vaping and track their device. The Juul C1, as the device is known, is now being sold in the United Kingdom after a successful pilot in... More of this article »
DoorDash Buys Caviar For $410 Million
DoorDash has expanded its food delivery empire with the purchase of Caviar, a high-end food delivery and catering business. The acquisition was announced during the second-quarter sales report for Square, which acquired Caviar... More of this article »