Shares of Dynavax Technologies jumped sharply in premarket trading on Wednesday after the US vaccine maker agreed to be acquired by French pharmaceutical group Sanofi in an all-cash deal valued at about $2.2 billion. Sanofi said it will pay $15.50 per share for Dynavax, representing a premium of roughly 39% to the company’s closing price
Italy has become the latest European regulator to challenge how Big Tech is integrating artificial intelligence into widely used digital platforms. This week, the country’s antitrust authority ordered Meta Platforms to suspend certain WhatsApp contractual terms while it investigates whether the company abused its dominant position. The case centres on AI chatbots and whether recent
The Curve DAO community has rejected a proposal that sought to provide significant financial backing to its main development entity, Swiss Stake. The vote marks the latest governance decision within the Curve Finance ecosystem and comes as the protocol’s native token continues to show resilience around the $0.37 level. According to details from the vote,
The Strategy stock price continued its freefall this month and is now hovering at its lowest level since September last year. MSTR stock has plunged by over 70% from its highest level in 2024, even as the S&P 500 and the Nasdaq 100 indices jumped to a record high. Strategy enterprise NAV is about to
The United States has sharply escalated its confrontation with Europe over digital regulation, imposing visa sanctions on former European Union officials and leaders of anti-disinformation groups in a move that has drawn swift condemnation from across the Atlantic. The sanctions, announced on Tuesday by the US State Department, target a former senior EU official and
Analysts predict packaged food manufacturers and fast-food eateries may be pushed to alter more of their goods next year when newly licensed appetite-suppressing GLP-1 tablets become accessible in January 2026. The decision comes as more Americans are likely to try the medications in pill form rather than injections, owing to the lower cost and many
Spot Bitcoin exchange-traded funds (ETFs) began the new week under pressure, posting net outflows of $142.2 million on December 22, underscoring continued caution among institutional investors as the year-end approaches. According to flow data, BlackRock’s iShares Bitcoin Trust (IBIT) was the lone bright spot, recording modest net inflows of $6.0 million. However, those gains were
Bybit will gradually restrict accounts for its Japanese users starting in 2026 in a bid to comply with local regulatory requirements. Bybit has started notifying Japanese users that it will “discontinue services” and “gradually implement account restrictions” in an effort to comply with Japanese regulations, the exchange said in a December 22 announcement. “If you’re
Copper prices have climbed to a fresh all-time high above $12,000 a metric ton, putting the industrial metal on track for its strongest annual performance since 2009. The rally has been driven by a combination of severe supply disruptions and trade dislocations linked to the tariff agenda of US President Donald Trump, affecting global copper
Harman International, owned by Samsung Electronics, is buying a key driver-assistance business from ZF Group in a €1.5 billion transaction that reflects mounting financial pressure across Europe’s auto-supplier sector. The purchase brings radar, smart camera, and automotive computing operations under Harman at a time when suppliers are reassessing capital-intensive portfolios. For Samsung, which bought Harman