Isomorphic Labs, a subsidiary of Alphabet Inc., is set to accelerate AI-driven drug discovery after it entered into strategic research collaboration agreements with Novartis AG and Eli Lilly & Co.
Deals
Australia's Sara Lee Saved From Voluntary Administration Through Private Acquisition
After entering voluntary administration last October, Australian dessert maker Sara Lee is now being sold.
Vodafone-Three Mobile Network Merger Prompts UK Antitrust Investigation
The UK's competition regulatory said it will investigate Vodafone's proposed merger with Three.
FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Singapore-based Terraform Labs Files for Bankruptcy Protection in the US Following $53.6 Billion Crypto Crash
Terraform Labs, a stablecoin behind TerraUSD, filed for Chapter 11 bankruptcy in the United States on Sunday, Jan. 21. The move may allow them to execute their business plan.
Latest News
Investors expect a rebound in the 2024 IPO market. Here are the companies that are expected to go public next year.
Manchester United has confirmed the sale of a 25% stake in the club to British billionaire and INEOS Chief Executive Jim Ratcliffe.
Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger. Warner Bros. Discovery and Paramount Global are reportedly in early talks about a potential merger.
The Warren Buffett-led conglomerate Berkshire Hathaway has been denied in using the allegations that billionaire Jimmy Haslam tried to bribe Pilot truck stop chain's employees to inflate the company's value, a Delaware judge ruled.
Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion. Japan's Nippon Steel has secured a deal to buy US Steel for $14. 9 billion.
Pharmaceutical giant Pfizer said it is set to finalize its $43 billion acquisition of cancer drugmaker Seagen this week.
Department store chain Macy's Inc. has reportedly received a buyout offer amounting to $5.8 billion.
Italy has officially informed China that it is withdrawing from the Belt and Road Initiative (BRI), marking a significant shift in its international economic alliances.
Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.9 billion. Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.
