Robert Cyran News Today

Metas decision to join the AI race is driving investors away.

UK government’s offshore petroleum licensing bill passed its second reading last night, with 293 votes for the bill and 211 against, the Guardian reports

Starry-eyed venture capitalists love to talk about how promising startups might capture a chunk of a giant total addressable market (TAM). New anti-obesity drugs have the potential to transform public health, while obliterating demand for products and services from the medical, food and fitness industries. Drugs developed by Novo Nordisk and Eli Lilly appear to be the first truly effective diet treatments.

Following WeWork's warning that it could be headed for bankruptcy, FOX Business gives a timeline of the long-suffering co-working company's years of troubles.

Dish Network, based in Englewood, pulled off what some observers thought it could never achieve. It built a state-of-the-art 5G cellular network reaching more than 240 million U.S. residents in three years for a fraction of what legacy wireless carriers have spent.

Dish Network, based in Englewood, pulled off what some observers thought it could never achieve. It built a state-of-the-art 5G cellular network reaching more than 240 million U.S. residents in three years for a fraction of what legacy wireless carriers have spent.

Dish Network, based in Englewood, pulled off what some observers thought it could never achieve. It built a state-of-the-art 5G cellular network reaching more than 240 million U.S. residents in three years for a fraction of what legacy wireless carriers have spent.

Exxon Mobil burned brighter in the first quarter, thanks to the Permian Basin and Guyana. The $485 billion oil giant earned $11.4 billion, or twice as much as it did the same period a year ago. Moreover, while the firm continued to shower its investors with cash, sending them $8.1 billion, the company also increased production to 3.8 million barrels of oil equivalent per day, a 4% rise from a year ago.

We are about to commence an adjustment period that I fear will shake us to the core. Is there an end in sight? Click here to find out.

Placing money alongside the world’s richest man should be an easy pitch. But tech heavyweights backing his $44 bln Twitter bid with $7 bln still leave a hole, and checks from smaller investors suggest he was scraping the barrel. It indicates skepticism about Musk’s latest idea.