Author: Press Room
Hailshadow/iStock via Getty Images Royalty Pharma (RPRX) will provide $100M in funding to Zealand Pharma (ZLDPF) in exchange for a royalty for rusfertide (PTG-300), its candidate from the rare blood disease polycythemia vera. Terms call for Royalty to have rights to a 1% royalty on
Europeans set their eyes on the sky on Wednesday to witness the only total solar eclipse of the year.The phenomenon, which occurs when the moon passes in front of the sun, began at 11:34 a.m. ET, with totality lasting up to about 2 minutes and 18 seconds. The lucky few corners of the world with the potential to see the full eclipse were Iceland, Greenland, Spain, the Arctic, and portions of Portugal and Siberia.In North America, Canada and the northern parts of the US caught a glimpse of a partial eclipse, a far cry from 2024’s eclipse, which swept across…
Reports that David Ellison is considering moving Paramount Skydance out of California have caused a thunderous round of commentary in the media world. Inside the company, employees say they have bigger concerns.Nine Paramount employees who spoke with Business Insider said they weren’t worried about the company’s potential move, either because they didn’t think it was likely or because they’re based elsewhere.Instead, they said they are more focused on what would happen to their jobs if and when Paramount’s $110 billion merger with Warner Bros. Discovery goes through.One employee said they breathed a “small sigh of relief” when Paramount’s merger with…
President Donald Trump was sued Wednesday over a new service for his social media platform, Truth Social, that charges subscribers up to $100,000 a month for early access to his posts and those of other prominent users.The lawsuit, filed in Manhattan federal court, alleges that the sale of faster access to what the interim CEO of Truth Social’s parent, Trump Media, has called “market-moving” posts is “profoundly corrupt” and illegal.”President Donald Trump is charging $100,000 per month for advance access to his official government announcements on Truth Social, the social media platform he owns,” the lawsuit says, adding, “This scheme…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: August 12, 2026 Bitcoin has spent weeks pinned inside a $62,000-to-$66,000 corridor, and options flow on Deribit shows traders paying roughly $2.5 million in aggregate premium to bet the coin clears $70,000 by late September.That positioning puts real money behind a breakout thesis at the exact moment the U.S. Consumer Price Index print threatens to decide which…
flyExclusive GAAP EPS of -$0.16, revenue of $111.12M
Delaware was once the go-to state to incorporate. That might be changing.A number of high-profile corporations have picked up and left the state in the last year, citing legal uncertainty and “subjectivity” introduced by the Delaware Court of Chancery, which handles corporate cases and business disputes.Elon Musk helped spark the trend when he urged companies to avoid incorporating in Delaware last year after a judge voided his $55 billion pay package. Some prominent companies, like Tripadvisor, left even before Musk’s high-profile case.Although Delaware has a reputation as a business-friendly state, a series of recent court rulings has left executives wondering…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: August 12, 2026 Bitcoin has already been cut nearly in half from its 2025…
Another YouTube creator is facing online backlash over the use of artificial intelligence.Cliff Tan, who runs a popular interior design YouTube channel called “Dear Modern” that has 2.4 million subscribers and a corresponding TikTok account with 3.6 million followers, posted a video on Monday in which he apologized for promoting an AI company.”Yesterday I made a video on AI, and it disappointed many of you,” Tan said in the video. “I’m really sorry about that.”Tan’s apology comes a week after Hank Green, one of the internet’s most reliable content creators, apologized to fans for relying on AI “too heavily” when…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated: August 12, 2026 Football supporters usually spend the season deciding which home games they can make. Bitpanda’s latest campaign is offering one winner a rather different problem: finding room in the calendar for all of them.The multi-asset investment platform is running its “One trade. Every home game.” promotion from August 10 to August 24, 2026. Users who…