Elon Musk Fires Back as Facebook Co-founder Compares Tesla to Enron Scandal
A feud between Facebook co-founder Dustin Moskovitz and Tesla’s Elon Musk escalates as Moskovitz likens Tesla to the infamous Enron scandal, prompting a fiery retort from Musk. Moskovitz alleges Tesla misled consumers on a grand scale, particularly regarding its Full-Self Driving (FSD) software. While Musk’s response steered clear of addressing the accusations directly, tensions between the tech titans continue to mount.
Kotak Mahindra Bank’s Acquisition of Sonata Finance: A ₹537 Crore Deal Seals the Deal
Kotak Mahindra Bank, a prominent private lender in India, has finalized the acquisition of microlender Sonata Finance, securing a 100% stake for a substantial ₹537 crore, as declared on March 28. This strategic move underscores Kotak Mahindra’s commitment to expanding its footprint in the microfinance sector, as detailed in a regulatory filing.
AbbVie’s Skyrizi Gains Ground as Potential Successor to Humira, Eyeing Approval for Ulcerative Colitis
AbbVie’s Skyrizi and Rinvoq are emerging as frontrunners in the immunology realm, poised to offset Humira’s declining sales. With Skyrizi nearing FDA approval for ulcerative colitis, AbbVie anticipates a significant market expansion, reflecting its strategic shift toward newer immunology offerings.
Groundbreaking Approval: US Greenlights Pfizer’s Gene Therapy Cure for Hemophilia
In a monumental stride against hemophilia, Pfizer secures the nod from the US for Beqvez, a gene therapy aimed at combating the rare blood clotting disorder. This breakthrough promises a paradigm shift in treatment, offering a ray of hope for those grappling with the ailment’s debilitating impact.
National Pretzel Day 2024: Best Deals and Where to Snag Them!
Celebrate National Pretzel Day in style! As April 26th rolls around, pretzel enthusiasts rejoice as various shops across the nation dish out tempting deals to mark the occasion.
Insights for Intel Stock Investors Ahead of Earnings Report
In anticipation of Intel’s (NASDAQ: INTC) upcoming earnings report, crucial updates are under scrutiny. Delve into the analysis to stay informed and seize potential opportunities. Dive deeper into the latest developments, subscribe for comprehensive insights, and explore exclusive offers below.
London Stock Exchange Bleeds £60bn Amid Darktrace Acquisition
In a pivotal move echoing an “existential crisis,” a significant exodus from the London Stock Exchange, surmounting £60 billion, follows the Darktrace acquisition, intensifying concerns about the market’s viability.
Boeing Faces ‘Negative’ Outlook from Moody’s and S&P Global: Uncertainty Looms Over Aerospace Giant
S&P Global Ratings and Moody’s have both issued a ‘negative’ outlook for Boeing, signaling heightened concerns about the aerospace company’s future prospects. This comes amidst ongoing challenges, including production uncertainties and leadership changes, as Boeing grapples with quality issues, notably with its 737 Max aircraft.
Reddit Quickly Resumes Operations Following Brief Outage, Prompting Humorous Social Media Reactions
Reddit swiftly restored service after a significant outage temporarily shut down the entire platform. Lasting less than an hour, the disruption affected all corners of the internet’s beloved forum hub, prompting humorous responses across social media platforms.
DTE Energy Partners with NFL to Achieve Carbon Neutrality for 2024 Draft
DTE Energy collaborates with the NFL and Visit Detroit to make the 2024 NFL Draft carbon neutral, aiming for sustainability amidst mass gatherings.