Novo Nordisk sues Hims & Hers over cheaper copycat versions of Wegovy pill, injections
Novo is asking the court to permanently ban Hims from selling compounded versions of its drugs that infringe patents, and is seeking to recover damages.
Lyft debuts teen accounts more than two years after Uber
CEO David Risher also addressed the company’s autonomous vehicle strategy amid rising competition from Waymo, Uber and Tesla.
Big Tech stocks are treading water after $1 trillion sell-off week
AI hyperscalers had a bruising week after investors got jittery about huge expenditure outlooks.
Meta warned EU plans to impose measures on tech giant to reverse WhatsApp AI policy
The move follows the European Commission announcing an investigation in December into whether the social media giant had breached antitrust rules.
The AI narrative now has a new trade — shorting software stocks
Anthropic’s new AI tool offers a challenge to established software services.
Cuba says international airlines can no longer refuel there as Trump turns up the pressure
The update comes shortly after U.S. President Donald Trump threatened tariffs on any country that supplies Cuba with oil.
Novo Nordisk pops 8% after Hims & Hers pulls copycat weight-loss pill
Novo Nordisk shares jumped 8% Monday after Hims & Hers said it will pull its copycat weight-loss pill off the market.
CNBC Daily Open: Takaichi’s victory sends Japan’s Nikkei 225 to new highs
Japan’s Sanae Takaichi and her ruling Liberal Democratic Party overwhelmingly found the support of voters in a Sunday election, sweeping a supermajority.
Yen near 160, a record Nikkei 225, higher yields: What experts expect after Sanae Takaichi’s landslide victory
Takaichi led the ruling Liberal Democratic Party to a supermajority in the Lower House, securing 316 seats in Japan’s largest election win since World War Two.
A ‘quiet revolution’: Why young people are swapping social media for lunch dates, vinyl records and brick phones
Gen Z and millennials deleting their social media platforms cite the increasing pressures of being online as well as the damage to their mental health.