Merger-Arbitrage Funds See Tide Turning After FTC’s Microsoft-Activision Loss
Merger-arbitrage investors say the tide is turning in their favor after the Biden administration’s antitrust push suffered a
1970-01-01 08:00
Lilly to Pay Up to $2 Billion for Obesity Startup Versanis
Eli Lilly & Co. will acquire closely held Versanis Bio, a startup developing a drug for obesity and
1970-01-01 08:00
CapVest to Buy UK Software Provider Kerridge in $1 Billion Deal
Private equity firm CapVest Partners has agreed to acquire UK software provider Kerridge Commercial Systems Ltd. CapVest is
1970-01-01 08:00
Google’s AI Chatbot Is Trained by Humans Who Say They’re Overworked, Underpaid and Frustrated
Google’s Bard artificial intelligence chatbot will answer a question about how many pandas live in zoos quickly, and
1970-01-01 08:00
Novogratz Sees Bitcoin Rising, Says ETFs Likely to Be Approved
Mike Novogratz, the founder of Galaxy Digital Holdings Ltd., said he expects Bitcoin to rise by the end
1970-01-01 08:00
AI Drug Discovery Firm Recursion Surges Following $50 Million Nvidia Investment
The latest sign of investors’ unrelenting demand for all things artificial intelligence related: a record rally in drug
1970-01-01 08:00
Broadcom Megabond Inches Closer After Firm Seals EU Merger Nod
Broadcom Inc. is moving closer to selling a potential jumbo investment-grade bond after scoring approval from the European
1970-01-01 08:00
Illumina Hit With €432 Million EU Fine for Hasty Grail Deal
Illumina Inc. was hit with a €432 million ($476 million) fine for acquiring cancer-test provider Grail Inc. before
1970-01-01 08:00
EU Set to Hit Illumina With Fine on Wednesday Over Grail Deal
European Union merger officials are set to issue a fine against Illumina Inc. on Wednesday for closing its
1970-01-01 08:00
AI Startup Alphasense Raising Funds at $2.5 Billion Valuation
Alphasense Inc., a market-research and data firm powered by artificial intelligence, is in the process of raising funding
1970-01-01 08:00
Eisai Appoints CEO’s 34-Year-Old Son to Lead Global Alzheimer Drug Program
Japanese drug giant Eisai Co. said global Alzheimer drug program officer Ivan Cheung will retire at the end
1970-01-01 08:00
Poisoned Cough Syrup Killed Kids. Authorities Cut the Investigation Short
This is the first installment of Bad Medicine, a series about how porous regulation and cheap drugs are
1970-01-01 08:00