‘Buying stuff like it’s going out of fashion’: Biotech M&A on track for best year since pre-Covid
Driven by looming patent cliffs, newly buoyant public markets, and Big Pharma’s race to beef up their pipelines, dealmaking in 2026 is off to a strong start.
Finland’s president says EU should expand to 40 states — including Canada
Finnish President Alexander Stubb said the European Union needs to expand to project power on the global stage.
Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers
Amazon engineers called out their employer for conducting mass layoffs while it commits to spending $200 billion this year on AI infrastructure.
Elon Musk’s net worth poised to sail past $1 trillion in SpaceX IPO
Based on SpaceX’s updated IPO prospectus, Elon Musk owns shares in the company worth more than $866 billion.
Broadcom stock plunges on weak software sales, unchanged AI chip forecast for the year
Broadcom reported fiscal second-quarter results on Wednesday and missed estimates for revenue.
Senate GOP strips up to $1B for Trump ballroom security from immigration enforcement bill
GOP leaders reportedly privately concluded that the funding proposal risked derailing the broader immigration bill, both politically and procedurally.
Bessent says he is performing IRS commissioner duties amid Trump tax settlement scrutiny
Democrats pressed the Treasury chief over whether other taxpayers affected by the leak that included Trump’s tax returns would receive similar treatment.
OpenAI CEO Sam Altman meets with lawmakers, Trump officials in DC
President Donald Trump signed an executive order about AI this week, which Altman voiced support for.
Meta is trying to sell AI agents to businesses in latest effort to diversify away from ads
The Meta Business Agent will be included in the company’s Meta One paid subscription offerings.
Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech: ‘We want to be sure nobody has a kill switch’
The proposals include new acts to bolster advanced chip manufacturing and homegrown cloud computing.
