From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money:
nytimes.com/2023/12/07/technology/tech-startups-collapse.html
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| Last Updated | Dec 08 23 |
| Total Articles | 5 |
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Tesla misses the mark on all fronts in quarter of chaos: Who cares that net profit slid 55%? Not Wall Street
theregister.com/2024/04/24/tesla_q1_2024/
In the face of bans, ByteDance tightens grip over US TikTok operations: Relationship between TikTok, ByteDance deepens as tensions over the app’s ownership ...
ft.com/content/0e040c03-e979-4acd-a6aa-6298301dcc42
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids: Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago ...
techcrunch.com/2024/04/23/tesla-profits-drop-55-company-says-ev-sales-under-pressure-from-hybrids/
Scott Farquhar to resign as joint CEO of Atlassian: Co-founder leaving ‘to spend more time with his young family, improve the world via philanthropy ...
theguardian.com/technology/2024/apr/26/scott-farquhar-to-resign-as-joint-ceo-of-atlassian
Quick Glance: Atlassian CEO Resignation Influences Customer Migration to Cloud
- Atlassian co-founder and co-CEO Scott Farquhar will step down in August, leaving Mike Cannon-Brookes alone at the helm of the Australian company.
- Farquhar will remain on the board and serve as a special advisor to the company.
- The migration from Server products to the cloud has led to an increase in revenues for Datacenter products, despite Atlassian offering its most sophisticated services in the cloud.
- Atlassian may be considering a change in pricing strategies, such as usage-based charging, instead of the current seat-based fees.
Adaptimmune: Huge Opportunity Amid Their Setback With Genentech: Adaptimmune is presenting at ASCO, potentially providing updates on their drug development ...
seekingalpha.com/article/4686684-adaptimmune-huge-opportunity-amid-their-setback-with-genentech
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General Motors to shut manufacturing operations in Colombia, Ecuador -statement: U.S. car maker General Motors will close its manufacturing operations in ...
reuters.com/business/autos-transportation/general-motors-shut-manufacturing-operations-colombia-ecuador-statement-2024-04-26/
Tesla earnings week spotlights price cuts, Elon’s ‘balls to the wall’ autonomy push
techcrunch.com/2024/04/22/tesla-earnings-week-spotlights-price-cuts-elons-balls-to-the-wall-autonomy-push/
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Trump called this visa 'very bad.' Truth Social applied for one: The social media company founded by former President Donald Trump applied for a business visa ...
apnews.com/article/trump-truth-social-business-visa-h1b-51c5a41faff696709a2d2cc6ec4e2695
Judge slashes $857 mln Monsanto verdict to $438 mln in PCBs case: A Washington state judge has nearly halved a $857 million verdict against Bayer’s Monsanto in a ...
reuters.com/legal/litigation/judge-slashes-857-mln-monsanto-verdict-438-mln-pcbs-case-2024-04-24/
Why Congress Voted to Force a Sale of TikTok in the U.S.: Lawmakers in numerous countries have expressed concerns that TikTok, which is owned by the Chinese ...
nytimes.com/article/tiktok-ban.html
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
S&P slashes Boeing credit outlook as rating hovers above junk status: Boeing's credit rating was under pressure for the second time this week as S&P brought them ...
reuters.com/business/aerospace-defense/sp-revises-outlook-boeing-negative-2024-04-25/
US FDA approves ImmunityBio's bladder cancer therapy: The U.S. health regulator approved on Monday ImmunityBio's combination therapy to treat a type of bladder ...
reuters.com/business/healthcare-pharmaceuticals/us-fda-approves-immunitybios-bladder-cancer-therapy-2024-04-22/
Exclusive: Injury rates for Musk's SpaceX exceed industry average for second year
reuters.com/technology/injury-rates-musks-spacex-exceed-industry-average-second-year-2024-04-22/
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
Elon Musk says Tesla will solve self-driving cars — even if he gets 'kidnapped by aliens tomorrow'
qz.com/tesla-elon-musk-robotaxi-alien-optimus-robots-1851431396
Tesla shares drop on price cuts in run-up to earnings: Tesla fell more than 3% in premarket trade on Monday, as its latest global price cuts fanned Wall Street ...
reuters.com/business/autos-transportation/tesla-shares-drop-price-cuts-run-up-earnings-2024-04-22/
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Trump's lawyers grill ex-tabloid publisher Pecker as 1st week of hush money testimony nears close
pbs.org/newshour/politics/trumps-lawyers-grill-ex-tabloid-publisher-pecker-as-1st-week-of-hush-money-testimony-nears-close
Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%: Two high-profile executives have departed Tesla the same day that the electric automaker ...
techcrunch.com/2024/04/15/tesla-layoffs-workers-sales-cybertruck-cuts/
Tesla layoffs hit high performers, some departments slashed, sources say: Tesla management told employees Monday that the recent layoffs — which gutted some ...
techcrunch.com/2024/04/15/tesla-layoffs-hit-high-performers-slashes-some-departments-sources-say/
Y Combinator alum Matterport is being bought by real estate juggernaut Costar at a 212% premium
techcrunch.com/2024/04/23/matterport-costar-deal/
Elon Musk's Tesla reports earnings today after a brutal stretch. Here's what we're watching
qz.com/tesla-elon-musk-q1-earnings-evs-stock-sales-1851422376
$10 Billion Productivity Startup Notion Wants To Build Your AI Everything App: Notion cofounder Ivan Zhao captivated Silicon Valley investors and everyday ...
forbes.com/sites/kenrickcai/2024/04/11/10-billion-productivity-startup-notion-wants-to-build-your-ai-everything-app/
CISA in a flap as Chirp smart door locks can be trivially unlocked remotely: Hard-coded credentials last thing you want in home security app
theregister.com/2024/04/15/critical_vulnerability_chirp_lock/
Republican China hawks criticize Intel chip in new Huawei laptop: Republican China hardliners Marco Rubio and Elise Stefanik are calling on the Biden ...
reuters.com/world/us/republican-senator-rubio-calls-blocking-all-us-sales-huawei-2024-04-25/
Trump Media announced a live TV streaming platform — and the stock tumbled 14%: Truth Social will offer content "that has been canceled, is at risk of ...
qz.com/trump-media-stock-truth-social-tv-live-streaming-1851413123
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
Huntington Ingalls: Defense Stock For Moat Seekers: Huntington Ingalls is the only company in the US that builds and maintains aircraft carriers ...
seekingalpha.com/article/4684387-huntington-ingalls-defense-stock-for-moat-seekers
Paid articlePaid House votes for possible TikTok ban. Will the app go away?: The House has passed legislation that would ban TikTok in the United States if the popular social ...
apnews.com/article/tiktok-us-ban-sale-china-congress-de12b4d22aa8095e62cb0982a6e62235
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Leaven Partners - Laird Superfood: Our Largest Positive Contributor: Our largest positive contributor to overall performance in the quarter came from Laird ...
seekingalpha.com/article/4684898-laird-superfood-stock-our-largest-positive-contributor
Paid articlePaid RDIV: Contrarian Dividend Play Investors Have Reasons Not To Buy Into: RDIV is a smart-beta play with a portfolio of high-yield, underpriced companies ...
seekingalpha.com/article/4683711-rdiv-etf-contrarian-dividend-play-investors-have-reasons-not-buy
Paid articlePaidQuick Glance: RDIV: Reasons Investors Are Hesitant
- Revisiting the Invesco S&P Ultra Dividend Revenue ETF (RDIV) to analyze portfolio changes and their impact.
- RDIV is based on the S&P 900 Dividend Revenue-Weighted Index, offering a selective dividend strategy.
- RDIV's portfolio has unique weighting principles leading to unconventional sector allocations.
- Despite attractive dividend yields, RDIV's portfolio faces growth challenges, resulting in a neutral rating.
A cheaper Tesla is back on the menu: Tesla will launch new EVs in 2025, including affordable ones. Elon Musk says it will blend current and next-generation ...
theverge.com/2024/4/23/24138646/tesla-q1-2024-earnings-model-2-affordable-electric-vehicles
North Carolina approves mining permit for Tesla supplier Piedmont Lithium: North Carolina regulators have approved a state mining permit for Tesla supplier ...
reuters.com/business/piedmont-lithium-gets-mining-permit-north-carolina-project-2024-04-15/
A major Tesla exec has left Elon Musk's automaker amid job cuts: Drew Baglino, Tesla's senior vice president of powertrain and electrical engineering, is leaving ...
businessinsider.com/tesla-exec-baglino-left-after-18-years-layoffs-2024-4
Tesla drops FSD price to $99 per month in US: The price cut comes a couple of weeks after Tesla launched a free one-month trial of FSD for every customer in the ...
techcrunch.com/2024/04/12/tesla-drops-fsd-price-to-99-per-month-in-us/
Tesla pivots to prioritize robotaxis amid slow sales: report: Elon Musk teased a cheaper Tesla a few months ago. But the company has now shifted its priorities ...
businessinsider.com/tesla-elon-musk-prioritize-robotaxis-over-cheaper-vehicle-2024-4
Chipotle tells staff to skip chicken as demand surges for Chicken al Pastor: Chipotle Mexican Grill Inc. is telling its employees not to put chicken on their own ...
english.alarabiya.net/News/world/2024/04/25/chipotle-tells-staff-to-skip-chicken-as-demand-surges-for-chicken-al-pastor
Quick Glance: Chipotle lifts annual sales forecast despite uncertainties
- Chipotle raised its full-year sales forecast due to resilient demand for burritos and rice bowls despite higher menu prices.
- The company anticipates mid-to-high-single digit percentage growth in comparable restaurant sales for 2024.
- Chipotle implemented price hikes to protect its profit margin from increased ingredient costs like beef and avocados.
- Chipotle's adjusted profit in the first quarter came in at $13.37 per share, surpassing estimates of $11.68.
FAA probing Boeing whistleblower's quality claims on 787, 777 jets: The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower's ...
reuters.com/business/aerospace-defense/faa-probing-boeing-whistleblowers-quality-claims-787-777-jets-2024-04-09/
Quick Glance: Boeing Whistleblower Warns of 787 Fuselage Failure
- The Federal Aviation Administration is investigating a Boeing engineer’s claims that the company took manufacturing shortcuts on two wide-body jets, with potentially catastrophic outcomes.
- Sam Salehpour went public in a New York Times story, describing how he believes sections of the 787 Dreamliner fuselage are improperly fastened together.
- Salehpour’s allegations are the latest dip in a turbulent period for the airplane manufacturing giant, which has been dealing with other issues including past crashes and quality control problems.
Tesla teases robotaxi ridehailing function in its app: Tesla provided a sneak peek of the company’s upcoming ridehailing app. It looks similar to Uber or Lyft ...
theverge.com/2024/4/23/24138580/tesla-robotaxi-ride-hail-app-preview-earningsq1-2024
Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report
startribune.com/tesla-is-planning-to-lay-off-10-of-its-workers-after-dismal-1q-sales-multiple-news-outlets-report/600358948/
Tesla decimates staff amid ongoing performance woe: Shares of the worst performing member of the S&P 500 slide some more as news unlikely to please investors
theregister.com/2024/04/15/tesla_lays_off_10_percent/
First Solar: Still My Top Risk-Adjusted Pick In Green Energy: First Solar has transformed itself into the top patented thin-film PV manufacturer outside of China ...
seekingalpha.com/article/4683332-first-solar-still-my-top-risk-adjusted-pick-in-green-energy
Paid articlePaid Cruise robotaxis are back – sort of: Cruise is redeploying robotaxis in Phoenix after nearly five months of paused operations, the company said in a blog post ...
techcrunch.com/2024/04/09/cruise-robotaxis-are-back-sort-of/
Quick Glance: Cruise announces steps for resuming its robotaxi fleet
- Cruise plans to resume manual driving operations in Phoenix to create maps and gather road information in select cities.
- Following an incident where a pedestrian in San Francisco was dragged by a Cruise robotaxi and trapped under the vehicle, the officials of the autonomous vehicle company announced on Tuesday the initiation of what they envision as their comeback to driverless operations.
- The California Department of Motor Vehicles suspended Cruise approximately three weeks after the October 3 accident in San Francisco, citing that the company failed to provide footage of the incident.
Tesla stock price up 14% on Q1 earnings, Musk commits to affordable car: "We're updating our future vehicle lineup to accelerate the launch of our low-cost ...
markets.businessinsider.com/news/stocks/tesla-stock-price-q1-earnings-elon-musk-affordable-car-plans-2024-4
Donald Trump 'agreed story-burying deal' with tabloid newspaper before 2016 election
itv.com/news/2024-04-24/trump-agreed-story-burying-deal-with-tabloid-newspaper-before-2016-election
Quick Glance: Trial Judge Evaluates Trump's Compliance with Gag Order
- Former President Trump is on trial in New York for hush money issues. David Pecker from 'National Enquirer' testified about an agreement to manipulate stories about Trump and his rivals.
- Concerns arose about Trump's violation of the gag order by criticizing court members. Mary McCord explained how the administration of justice can be disrupted by defendants' statements, leading to legal restrictions.
- Despite reluctance to detain a former president, fines may be imposed for attacks on witnesses and judicial families. Threats to security and witness testimonies pose serious challenges to the trial's integrity.
- Judges emphasize the importance of upholding justice by addressing threats and ensuring the safety of those involved in legal proceedings. The credibility of the trial hinges on maintaining a fair and secure environment.
What Does Tesla Stock's Latest Slide Mean for Investors?: Tesla stock is down more than 35% in 2024 and the company just announced layoffs ...
kiplinger.com/investing/stocks/what-does-tesla-stocks-latest-slide-mean-for-investors
LISTEN: Supreme Court appears to favor Starbucks in case on union organizing protections
pbs.org/newshour/politics/listen-live-supreme-court-hears-case-involving-starbucks-and-protection-for-union-organizing
Who can run Disney? The four insiders competing for Bob Iger’s job : Magic Kingdom’s unhappy record on succession means the candidates for its throne face ...
ft.com/content/25d7ca65-0e70-4b03-a1b7-2b28a8ec40c6
Possible TikTok ban revived as part of House foreign aid package : Legislation that could ban TikTok if its China-based owner doesn’t sell its stake has won a ...
apnews.com/article/congress-tiktok-ban-ukraine-israel-d88d4623d678ac8688bcd75008457899
Tesla robotaxi not enough for turnaround: analyst: It's "crucial" that Tesla delivers a sub-$30,000 car in the next 18 months, Wedbush analysts wrote.
businessinsider.com/tesla-robotaxi-not-enough-model-2-needed-wedbush-analysts-2024-4
Tesla profits tumble but shares rise on new vehicle plan: Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle ...
thedailystar.net/business/news/tesla-profits-tumble-shares-rise-new-vehicle-plan-3594201
Baidu says its ChatGPT-like Ernie bot exceeds 200 million users: Baidu CEO Robin Li was speaking at the company's annual "Create" conference for artificial ...
cnbc.com/2024/04/16/baidu-says-its-chatgpt-like-ernie-bot-exceeds-200-million-users.html
Tesla loses senior staff amid layoffs, analyst urges Musk to set out vision: High-level Tesla executives have announced they're leaving since Elon Musk announced ...
businessinsider.com/tesla-elon-musk-layoffs-senior-staff-2024-4
Time To "Reorganise": Elon Musk After Tesla Logs 9% Drop In Revenue: Elon Musk on Wednesday said it is time to "reorganise" Tesla as the ...
ndtv.com/world-news/time-to-reorganise-elon-musk-after-tesla-logs-9-drop-in-revenue-5513125
Starlink Rival AST SpaceMobile Delays First Commercial Satellite Launch Again: The company originally aimed to launch the first BlueBird satellites in Q2 ...
uk.pcmag.com/networking/151675/starlink-rival-ast-spacemobile-delays-first-commercial-satellite-launch-again
Tesla earnings a 'moment of truth' for Musk after stumbles: The electric car maker, which enjoyed scorching growth for most of 2022 and 2023 ...
thedailystar.net/business/news/tesla-earnings-moment-truth-musk-after-stumbles-3593531
Why are analysts adjusting Tesla's stock price range downwards?: The EV maker delivered only 386,810 vehicles last quarter, an 8.5% drop from the same period ...
thenationalnews.com/business/markets/2024/04/10/why-are-analysts-adjusting-teslas-stock-price-range-downwards/
A brief history of Patanjali’s dangerous claims: From claiming to cure Covid to defying the Supreme Court, the ayurvedic company founded by yoga guru Ramdev has ...
scroll.in/article/1066269/a-brief-history-of-patanjalis-dangerous-claims
Maui Fire Department to release after-action report on deadly Hawaii wildfires: The Maui Fire Department is expected to release a report Tuesday detailing how ...
apnews.com/article/lahaina-fire-hawaii-report-410e83c0608eaf630d5916151b2601ef
Boeing defends 787 Dreamliner safety after whistleblower alleged structural flaws
cnbc.com/2024/04/15/boeing-defends-787-dreamliner-safety-after-whistleblower-claims.html
Alabama offered millions in incentives for Landing’s Birmingham HQ. What changed?
al.com/news/2024/04/alabama-offered-millions-in-incentives-for-landings-birmingham-hq-what-changed.html
Tesla’s Elon Musk speeds past Mark Zuckerberg on the billionaires list after Meta stock plummets on its cash-sucking AI plans
fortune.com/2024/04/26/teslas-elon-musk-mark-zuckerberg-billionaire-meta/
Paid articlePaidQuick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Elon Musk's biggest fans are downplaying the news of Tesla's largest layoff : Despite the EV juggernaut letting go of "more than 10%" of its workforce ...
thestreet.com/electric-vehicles/elon-musks-biggest-fans-are-downplaying-the-news-of-teslas-largest-layoff-
Regulators launch review of whether Tesla did enough to fix Autopilot: The National Highway Traffic Safety Administration said it has concerns about changes ...
washingtonpost.com/business/2024/04/26/tesla-nhtsa-autopilot-recall-investigation/
Quick Glance: Investigation of Tesla's Autopilot Recall Effectiveness
- The National Highway Traffic Safety Administration is investigating Tesla's Autopilot recall after 20 more crashes occurred post-recall.
- The recall involved over 2 million vehicles and utilized an online software update to enhance driver warnings.
- Concerns were raised regarding the recall's efficacy as crashes persisted after the fix.
- The investigation aims to determine why post-recall issues were not addressed and whether they pose a safety risk.
Elon Musk is putting Tesla all-in on Robotaxi: Riding the AI wave, Elon Musk is betting Tesla’s business on its self-driving effort, including Robotaxi ...
electrek.co/2024/04/16/elon-musk-tesla-all-in-self-driving-robotaxi/
Hawaii attorney general to release deadly Maui wildfire investigation findings: At least 101 people died in the tragedy.
abcnews.go.com/US/hawaii-attorney-general-release-deadly-maui-wildfire-investigation/story
Trump’s lawyers try to discredit testimony of prosecution’s lead witness in hush money trial
orlandosentinel.com/2024/04/26/trumps-lawyers-try-to-discredit-testimony-of-prosecutions-lead-witness-in-hush-money-trial/
Quick Glance: Trump Trials Insights: The Payment to Playboy
- During the seventh day of Donald Trump's criminal trial in Manhattan, the defendant's relationship with the National Enquirer was explored further.
- Pecker was granted protection from state prosecutors in 2019.
- Pecker was aware that the payment to the Playboy model violated election laws.
- Trump and Pecker's relationship extends prior to the election.
Tesla’s top engineering exec, who led development of critical technologies, has resigned after 18 years, adding to concerns about who will succeed Elon Musk as ...
fortune.com/2024/04/15/tesla-top-engineering-exec-drew-baglino-elon-musk-ceo-succession/
Paid articlePaid
Blizzcon Skipping 2024 Could Be Fine, Could Be A Bad Omen: Blizzard isn’t holding its annual fan event this year, but it could mean a few things
kotaku.com/blizzcon-2024-diablo-warcraft-overwatch-war-within-1851436455
It's not just Boeing. Airlines are hemorrhaging cash too.: Southwest Airlines and American Airlines reported losses in the first quarter of 2024.
businessinsider.com/its-not-just-boeing-airlines-are-hemorrhaging-cash-too-2024-4
US FDA sends warning letter to Cardinal Health for marketing unapproved devices: The U.S. health regulator has sent a warning letter to Cardinal Health after an ...
reuters.com/business/healthcare-pharmaceuticals/us-fda-sends-warning-cardinal-health-marketing-unapproved-devices-2024-04-25/
Quick Glance: US FDA issues warning to Cardinal Health for marketing unauthorized devices
- Following an inspection of its facility in Illinois, the US health regulatory body issued a warning letter to Cardinal Health for marketing and distributing unauthorized devices from a Chinese manufacturer.
- In 2023, the U.S. Food and Drug Administration advised against using certain syringes manufactured in China due to reports of leaks, breakages, and quality issues, and recently expanded the guidelines.
- Cardinal has not responded to a request for comment from Reuters. The inspection revealed that Cardinal was importing two types of syringes under the Monoject brand.
- These syringes are utilized for injecting or withdrawing fluids from the body, as well as administering fluids or medications through a patient's feeding tube. In November, the agency cautioned healthcare providers and facilities against using Cardinal's Monoject syringes with pain management and syringe pumps.
Google fires 20 more workers involved in protests of Israeli contract: Google fires 20 more employees involved in protests of a contract with the Israeli ...
sfchronicle.com/tech/article/google-layoffs-israel-19418256.php
New whistleblower raises concerns about Boeing’s 787 Dreamliner : A Boeing engineer says he was retaliated against after alleging sections of the fuselage on the ...
washingtonpost.com/transportation/2024/04/09/boeing-whistleblower-787-dreamliner-fuselages/
Elon Musk Informs Tesla Staff That Layoffs Will Affect at Least 14,000 Employees — Read the Leaked Email
entrepreneur.com/business-news/elon-musk-leaked-email-confirms-tesla-layoffs-as-execs-exit/472711
Wolverhampton Tesla body repair and service centre gets opening date: Tesla's new body repair and servicing centre in Wolverhampton is due to be officially ...
expressandstar.com/news/business/2024/04/26/wolverhampton-tesla-body-repair-and-service-centre-gets-opening-date/
Tesla (TSLA) Q1 earnings preview: What to expect as stock drops on price cuts: Tesla is facing uncertainty as it pivots away from low-cost vehicles towards ...
markets.businessinsider.com/news/stocks/tesla-q1-earnings-preview-street-estimates-tsla-stock-price-elon-2024-4
Anthony Roth Costanzo is named Opera Philadelphia’s new leader: Costanzo has been a child actor, producer, impresario, fundraiser — and has been called "the ...
inquirer.com/arts/opera-philadelphia-anthony-roth-costanzo-20240425.html
Why Would Sony Buy Paramount?: Sony was just over here minding its own business, staying out of the streaming wars, making money — and now it may buy the ...
indiewire.com/news/analysis/why-would-sony-buy-paramount-1234975711/
Tesla teases robotaxi ride-hailing app ahead of August reveal : Tesla has previewed what its autonomous ride-hailing robotaxi app could look like during its Q1 ...
cointelegraph.com/news/tesla-cybercab-robotaxi-teases-ride-hailing-app-august-reveal
David Zaslav’s Pay Rose 26.5% to Nearly $50 Million in 2023: The hefty raise came as Warner Bros. Discovery slashed spending and enacted layoffs
thewrap.com/david-zaslavs-pay-rose-26-5-to-nearly-50-million-in-2023/
Quick Glance: GOP's Financial Woes Resolved?
- After positive fundraising headlines for Donald Trump and the Republican National Committee (RNC), it seems the campaign is back on track, but the expenses for success were immense.
- While the Trump-RNC Joint Fundraising Committee, 'Trump 47 Victory', raised millions of dollars, only a fraction of it went towards political activities, exacerbating the financial crisis of the RNC.
- In comparison, the Biden-DNC committee, 'Biden Victory', was able to more effectively redirect funds and financially support Democratic parties in the states.
- A decision by the Federal Election Commission allowed the RNC to use funds from their 'legal' account for campaign advertising, temporarily easing the party's financial crisis but with long-term implications for both parties.
SC ports agency seeks buyer for equipment at center of Chinese tariff dispute: The State Ports Authority is looking for someone to buy, and immediately export ...
postandcourier.com/business/charleston-port-tariffs-china-imports-truckers-alabama-chassis/article_393cc154-00b0-11ef-b390-9327e3cea995.html
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