You know what’s great? Becoming a unicorn in two years. You know what’s even better? Exiting at unicorn status in two years. This morning, Qualcomm announced that it was buying high-performance computing startup NUVIA for $1.4 billion, minus some coverage of working capital and debt. The startup, which we extensively profiled on its launch after […]
Six California WeChat users sue Tencent for alleged chat surveillance
Print
A group of California WeChat users sued Tencent Holdings Ltd., the Chinese owner of the messaging and payment app, for allegedly violating their right to privacy by surveilling and censoring their communications.
Citizen Power Initiatives for China, a group promoting transition to democracy in China, and six anonymous WeChat users said comments made using WeChat that can be perceived as critical of the Chinese government have led to the users’ accounts being frozen, causing them to be cut off from friends and relatives in China as well as their business clients in the U.S.
Lone Wolf Technologies filed a lawsuit on Jan. 7 against Glide Labs, a digital real estate forms company based in San Francisco.
Prior to the suit, Glide was a member Lone Wolf’s partner marketplace, a collection of industry vendors selected by Lone Wolf to augment customer solutions.
The suit revolves around zipForms, an electronic transaction and forms solution that Lone Wolf integrated when it acquired zipLogix in 2019.
Lone Wolf Technologies wrote the following in an email to customers announcing the lawsuit and the termination of Glide as a forms partner:
We regret to inform you, however, that we are no longer partners with one of these providers, Glide Labs, Inc. As such, the integration to Glide Labs’ services will cease to be available in Transactions (zipForm Edition) in the coming weeks.
Adamas Pharma - Starting The Year Off Right?
WASHINGTON (dpa-AFX) - Shares of Adamas Pharmaceuticals Inc. (ADMS) have recovered 140% from their 52-week low of $1.90 recorded on Mar.18, 2020, and trade around $4.50.
Adamas is a commercial-stage pharmaceutical company with a growing portfolio of therapies for neurological diseases. The company s flagship product is GOCOVRI, a FDA-approved medicine for the treatment of dyskinesia in patients with Parkinson s disease receiving levodopa-based therapy, with or without concomitant dopaminergic medicines.
The sales of GOCOVRI have increased over the years ever since its launch in the fourth quarter of 2017. The drug raked in sales of $568 thousand in 2017; $34.05 million in 2018; $54.64 million in 2019; and $51.5 million in the nine months ended Sep.30, 2020.
Fastenal Company Ordered To Pay $625,000 For Hidden Surcharges Violation
Bay City News Service
FacebookTwitterEmail
Monterey County District Attorney Jeannine M. Pacioni announced Wednesday that her Consumer Protection Unit along with the San Diego County District Attorney s office and the Stanislaus County District Attorney s office has entered into a final stipulated judgment with Minnesota-based Fastenal Company regarding allegations that it charged walk-in retail customers undisclosed shipping and handling fees.
Fastenal sells industrial and construction supplies at its 138 retail facilities in California. Many of these stores are open to the public for walk-in sales, including at its branch stores in Seaside, Salinas and Soledad.