Novo Nordisk has made a superior bid of up to $10 billion for obesity biotech Metsera, topping Pfizer’s revised $8.1 billion offer. Pfizer is fighting back with multiple lawsuits, calling the Danish drugmaker’s unsolicited bid anticompetitive in a rare industry showdown.
Sony has officially launched cloud streaming for PS5 games on the PlayStation Portal remote player. The feature requires a PlayStation Plus Premium membership and includes thousands of supported titles.
While TikTok gets a temporary pass, the US government is pushing forward with bans against Chinese drone maker DJI and router company TP-Link. New FCC authority makes it easier to block tech deemed national security threats, with American companies poised to benefit.
Swedish startup DREV has raised €2.8 million to tackle the dangerous “black dust” problem in battery gigafactories. Their technology captures hazardous particles while recovering valuable metals like nickel and cobalt. The funding comes as Europe ramps up battery manufacturing regulations.
AMD delivered strong third-quarter results that beat analyst expectations, but the stock fell more than 5% in premarket trading. The decline reflects investor concerns about gross margins and slowing AI business growth despite solid revenue performance.
Apple is preparing to allow third-party app stores in Japan with iOS 26.2. The move comes ahead of regulatory deadlines requiring platform openness. Japanese iPhone users could see major changes by December.
Michael Burry’s hedge fund has taken a $1.1 billion short position against Nvidia and Palantir. The move comes as global markets show extreme concentration in just a handful of tech stocks. Palantir CEO Alex Karp called the bet “batshit crazy” in response.
Ripple just raised $500 million from traditional finance giants including Citadel Securities and Fortress Investment Group. The funding values the stablecoin company at a massive $40 billion, putting it ahead of rival Circle. This signals Wall Street’s growing appetite for crypto infrastructure.
Dollar Shave Club is attempting a major comeback after losing its edge under Unilever ownership. The company is returning to its irreverent humor and DTC roots with customer-co-created campaigns. New CEO Larry Bodner promises to revive the brand that once disrupted the razor industry.
Two of Silicon Valley’s most experienced executives are betting that AI agents will become the primary way companies interact with customers. Their startup Sierra has already attracted major brands and is on track for massive revenue. But can they stand out in an increasingly crowded market?
