Boeing’s factory workers are voting on a contract offer that could end a seven-week strike, but a rejection would plunge the company into further financial uncertainty. The proposed contract includes 38% pay raises over four years, but union officials fear future offers might be worse. The strike has already caused significant losses for the company,…
OpenAI, a leading artificial intelligence startup, has lost another top researcher, Lilian Weng, who served as Vice President of Research and Safety. Weng’s departure marks the latest in a string of AI safety researchers and executives who have left the company in the past year, raising concerns about OpenAI’s focus on commercial products over AI…
Chemists have successfully synthesized anti-Bredt olefins (ABOs), a class of molecules previously thought too unstable to exist. This breakthrough offers a new path to synthesizing challenging drug candidates and could lead to innovative synthesis pathways for other complex molecules. Forecast for 6 months: Expect increased research and development in the field of organic chemistry, with…
Lithuania’s life sciences industry is experiencing a significant boom, with over 550 biotech companies and a growing number of startups. The country is home to several promising ventures, including Atrandi Biosciences, Biomatter Designs, CasZyme, Delta Biosciences, Genie Biotech, and Vital3D, which are pushing the boundaries of protein engineering, gene editing, and microfluidics. This growth is…
The biotech industry in Europe is experiencing significant growth, with numerous trends shaping the sector. A list of top European biotech companies that have received sizable seed funding in the past year has been compiled, highlighting companies that are directing funds towards research and development (R&D) programs in various therapeutic areas. The industry is witnessing…
The biopharma industry is witnessing a surge in investment in the immunology field, with over 10 buyouts of immunology and inflammation (I&I) drug developers this year. Several biotech companies have raised impressive funds to advance the development of their immunology-related research and development (R&D). These companies are working on innovative treatments for various diseases, including…
A grueling election cycle has come to a close, with Donald Trump poised to become the 47th president of the U.S. The effects of this shift will be acutely felt in the AI industry, which has largely rallied against federal policymaking. Trump has repeatedly said he plans to dismantle Biden’s AI policy framework on ‘day…
Elon Musk, the billionaire CEO of Tesla and SpaceX, has taken a sharp swing to the right by supporting President-elect Donald Trump. This unexpected move could have significant implications for Musk’s businesses, including Tesla, SpaceX, and X, as well as the future of government spending and space exploration. With Trump promising Musk a key role…
The Federal Trade Commission (FTC) has announced that it will be taking action against the online cash app and neobank Dave, citing misleading marketing and hidden fees. The FTC claims that Dave’s marketing implied that its cash advances would be “instant,” without disclosing the fees involved until after the consumer completed the sign-up process. The…
The European Union has opened an investigation into Corning, the US manufacturer of Gorilla Glass, over possible anti-competitive practices. The probe is focused on Corning’s dominant position in the global supply of protective glass screens for handheld electronic devices. If the EU finds Corning guilty, it could face penalties of up to 10% of its…
