Source: Fortune Summary The US biotech industry is facing a "patent cliff" in 2030, where medicines generating $350 billion in annual sales will lose patent protection. To address this, US firms are t...
Source: Fortune Summary The current price of oil is $97.04 per barrel, a drop of $1.45 from yesterday and $27.50 higher than a year ago. Oil prices are influenced by supply and demand, and can be affe...
Source: Fortune Summary J.P. Morgan warns that interest rates will spike due to dwindling populations and diminishing fiscal discipline, with global debt reaching $251 trillion. The "six D's" - Defici...
Source: Fortune Summary Coca-Cola has introduced a new font that resembles the iconic Marlboro font, sparking comparisons to the "fridge cigarette" meme that originated on TikTok. The company claims t...
Source: Fortune Summary Advanced Micro Devices (AMD) CEO Lisa Su reaffirmed her support for open-source AI models, despite a recent security breach involving OpenAI agents. Su believes open-source mod...
Source: Fortune Summary Innovaccer, a healthcare data analytics company, has crossed $200 million in annual recurring revenue. The company's CEO, Abhinav Shashank, made a pivot in 2016 to focus on hea...
Source: Fortune Summary Alphabet, the parent company of Google, reported its most profitable quarter in history with $112 billion in profit, but 69% of that came from unrealized paper gains. Despite t...
Source: Fortune Summary Meta CEO Mark Zuckerberg released a video showcasing the company's optimistic view of AI, highlighting its potential to connect people and improve their lives. The video featur...
Source: Fortune Summary Cybersecurity firms agree that bots now outnumber humans online, with estimates ranging from 53% to 57.5% of webpage requests. The exact timing of the crossover is unclear, but...
