British drugmaker GSK has settled lawsuits that accused Moderna’s COVID-19 vaccines Spikevax and mNEXSPIKE and RSV shot mResvia of infringing its patents, the companies said on Friday. Moderna said in a Friday press release that it settled GSK’s patent litigation …
Tesla Inc. is discontinuing the Cybertruck, the polarizing pickup that turned plenty of heads in its brief time on the market but never sold anywhere near Elon Musk’s lofty predictions. Production will wind down at Tesla’s Texas plant in the …
Investors involved in a class action lawsuit over the 2023 collapse of Silicon Valley Bank (SVB) have reached a $224.5 million settlement with external auditor KPMG LLP, Norway’s sovereign wealth fund said on Friday. KPMG said the settlement was not …
Thousands of homes and businesses north of Los Angeles face the risk of potential power cuts over the next two days as weak to moderate Santa Ana winds bring dangerous fire weather conditions. Southern California Edison is considering shutting off …
In his first year as Chief Executive Officer of Berkshire Hathaway Inc., Greg Abel has pushed the conglomerate into an entirely new area of investment: artificial intelligence. In a significant departure from Warren Buffett’s famous reservations about technology stocks, the …
German auto supplier Aumovio SE warned semiconductor prices will surge next year as booming demand from artificial intelligence data centers gives chipmakers enhanced pricing powers. The impact from the squeeze on supplies to the auto industry, barely noticeable so far, …
The United States is warning of an “ongoing cyber threat” to industrial refrigeration systems, saying in a statement issued on Thursday that every organization that depends on cold storage should assume it could fall into the hackers’ crosshairs. The statement, …
Rimkus named Chris Rayasam CEO and president. Rayasam, who will also join the board of directors, will be in charge of Rimkus’ reinforcement of its global forensic engineering capabilities, which include vehicle accident reconstruction and digital forensics, and he will …
Rimkus named Chris Rayasam CEO and president. Rayasam, who will also join the board of directors, will be in charge of Rimkus’ reinforcement of its global forensic engineering capabilities, which include vehicle accident reconstruction and digital forensics, and he will …