Byron Allen, the renowned media mogul who is offering a staggering $14 billion to acquire Paramount Global, has faced skepticism about his ability to execute such a deal. In a recent interview with CNBC, Allen confidently asserted that he has more than enough capital to finance the acquisition. However, he acknowledged that the real challenge
In a surprising turn of events, pharmaceutical company Biogen has announced the discontinuation of its controversial Alzheimer’s drug, Aduhelm. The drug had received accelerated approval from the US Food and Drug Administration (FDA) in June 2021, a decision that sparked intense debate due to the agency’s overruling of its own advisors. This move was met
Russell Brand, the actor and comedian, finds himself embroiled in a scandal of “appalling” allegations. Accused of rape, assault, and emotional abuse spanning from 2006 to 2013, Brand vehemently denies any wrongdoing. A joint investigation by Channel 4 Dispatches, The Times, and The Sunday Times delves into the claims, presenting a documentary that sheds light
Polycystic ovary syndrome (PCOS) has been found to be associated with lower scores on cognitive function tests in middle-aged women, according to a cohort study published in Neurology. The study followed women with PCOS for 30 years and found that they performed significantly lower on a composite of cognitive function tests compared to women without
CMF by Nothing, a sub-brand of Nothing that focuses on affordable products, has recently stirred up excitement among tech enthusiasts with a teaser of their upcoming release. Through their social media platforms, the company shared an intriguing image that showcased a line art of a product design, along with the phrase “coming soon” written on
In a major development that has sent shockwaves through the business world, a Delaware judge recently invalidated the $56 billion compensation package of Tesla CEO Elon Musk. This ruling came as a result of a lawsuit filed by a shareholder, Richard Tornetta, who alleged that the board of directors failed to demonstrate the fairness of
The quarterly results from Alphabet and Microsoft were good, but not good enough for Wall Street. Despite reporting revenue and earnings that exceeded estimates, the stocks sold off in extended trading. This reaction can be attributed to the fact that the stocks were priced for perfection. Alphabet shares are up 56% for the year and
Sexual assault allegations have recently rocked the National Hockey League (NHL), with four players being charged in London, Ontario. This article explores the charges against Philadelphia Flyers goaltender Carter Hart, Calgary Flames forward Dillon Dube, and New Jersey Devils center Michael McLeod and defenseman Cal Foote. The players, all members of Canada’s 2018 World Junior
Starbucks, the well-known coffee behemoth, recently reported its quarterly earnings and revenue, which fell short of Wall Street’s expectations. This underperformance was observed both domestically and internationally, leaving investors and analysts disappointed. The CEO of Starbucks, Laxman Narasimhan, acknowledged the existence of “headwinds” during the company’s conference call, attributing them to a boycott in the
The world mourns the loss of Melinda Ledbetter Wilson, the beloved wife and steadfast supporter of Beach Boys founder Brian Wilson. On Tuesday, at the age of 77, Melinda passed away, leaving behind a profound impact on her family and the music industry. In a heartfelt social media post, Brian Wilson expressed his deep sorrow