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A group of authors filed a trimmed-down lawsuit against Meta accusing the company of infringing copyright to train generative AI models; the FTC authorizes a lawsuit against Sanofi accusing a potential acquisition of monopolizing drug development; and Chinese courts publish rulings to combat malicious trademarks.
She's even have been criticism of. that talk to me broadly about what's going on here. is this about monopoly control of major companies that you think is the problem? >> absolutely. this is a transaction between live nation and ticketmaster, which should never have been allowed to proceed. they control 80% of the tickets in the major concert venues, that's the monopoly. exactly what you said would happen monopoly is up and, has happened. this is in the first instant, there's been. many higher prices, lower quality customer experience, and last compensation for the artist, or workers who are p...
At. who is getting rich from the vaccines? we have some new information on that tonight. trace gallagher has the story for us. hi, trace. >> the math here is pretty basic. pharmaceutical companies like moderna and biontech have seen their stocks explode. one, they belief their vaccine profits will be enormous, and two, the companies have monopoly control over vaccine production so the profit streams will continue to with enormous. as a result, the vaccines have minted nine brand-new billionaires and five of them are associated with moderna including ceo stephon and the chairman. three other mo...
At. who's getting rich from the vaccines? we have similar information on that tonight. trace gallagher has the story for us. hey, trace. >> the math here is pretty basic. pharmaceutical companies like moderna have seen their stock prices explode over the past year for two reasons. one, investors believe their vaccine profits will be enormous, and two, the companies have monopoly control over vaccine production, so the profit streams will continue to be enormous. as a result the vaccines have now minted nine brand-new billionaires and five of them are associated with moderna including ceo and c...
Covid vaccines create 9 new billionaires ANI 20 May 2021, 19:27 GMT+10 New Delhi [India], May 20 (ANI): At least nine people have become new billionaires since the beginning of Covid pandemic, thanks to the excessive profits pharmaceutical corporations with monopolies on Covid vaccines are making, the People's Vaccine Alliance said on Thursday ahead of a G20 leaders global health summit. They are: Stephane Bancel, Moderna's CEO (worth 4.3 billion dollars), Ugur Sahin, CEO and co-founder of BioNTech (worth 4 billion dollars), Timothy Springer, an immunologist and founding investor of Moderna (...