Meta's AI splurge rattles investors
Meta's decision to join the AI race is driving investors away.
Source: moneyweek.com
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UK: Alok Sharma condemns government's oil and gas bill as vote passes first hurdle
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
Source: carbonbrief.org
Anti-obesity drugs can shrink more than patients
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.
Source: yahoo.com
How WeWork is nearing failure after a valuation of $47 billion in 2019
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.
Source: foxbusiness.com
Dish Wireless just built a brand new cellular network. Now it needs customers — lots of them.
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.
Source: siliconvalley.com