Vertical has just wrapped production on its latest action thriller, ‘Kalahari’. The film stars Ryan Phillippe, Emile Hirsch, and Mena Suvari in the leading roles and is directed by Mukunda Michael Dewil. Vertical fully financed the movie and has already secured North American rights, while Voltage Pictures has obtained the rights to all international territories.
As investors prepare to attend the Berkshire Hathaway annual shareholders meeting, they can take comfort in owning a stock that not only trades near all-time highs, but also serves as a safe haven during tumultuous times. Berkshire Hathaway has a track record of outperforming the S&P 500 during recessions and bear markets. From 1980, the
Broadcom’s CEO, Hock Tan, will make a case to EU antitrust regulators today in Brussels for the approval of the company’s proposed $61 billion bid for cloud computing company VMware. The deal has come under scrutiny on both sides of the Atlantic. The Hearing Tan and his team, including lawyers and executives, arrived in Brussels
The US Securities and Exchange Commission (SEC) has announced its largest-ever award through its whistleblower program, giving $279m to an unnamed informant who provided information and assistance leading to a successful enforcement action. The agency did not provide details about the case involved. The payout is more than double the previous record of $114m, awarded
FTX, a cryptocurrency exchange that filed for Chapter 11 bankruptcy in November, has been granted permission by a US bankruptcy court to sell its non-bankrupt crypto derivatives trading platform, LedgerX, for $50 million. The sale will enable FTX to raise additional funds to repay its creditors, including $11 billion owed to customers. FTX Seeks Repayment
Advisory committee meetings are set to take place next week to discuss HRA Pharma’s proposed first-in-class prescription-to-nonprescription switch of daily 0.075 mg norgestrel tablets (Opill) for over-the-counter (OTC) use. HRA Pharma submitted three consumer behavior studies, one of which was the ACCESS study, which raised concerns among FDA staff. Staff Concerns FDA staff questioned the
Meta Platforms, the parent company of Facebook and Instagram, has hired a team of engineers formerly employed by British chip unicorn, Graphcore. The Oslo-based team had been working on artificial intelligence (AI) networking technology at Graphcore until December 2022 or January 2023 before joining Meta in February or March of this year. Improved Data Center
Dr. Rochelle Walensky, the director of the Centers for Disease Control and Prevention (CDC), announced her resignation on Friday, effective at the end of June. She did not provide a specific reason for her departure but mentioned that the US is transitioning out of the emergency of the Covid-19 response. In a letter to President
This week, the Securities and Exchange Commission (SEC) approved new rules aimed at increasing transparency and integrity regarding stock buybacks. The updated disclosures will require public companies to provide more information than ever before, enabling investors to better assess issuer buyback programs. SEC Chairman Gary Gensler noted that US corporate buybacks have grown significantly in
LA-based firm Jackrabbit Media is set to launch international sales on Sick Girl, a comedy film directed by Jennifer Cram, starring Nina Dobrev (The Vampire Diaries). The film follows the character Wren Pepper, played by Dobrev, a woman who fears that she is losing her lifelong friends. In an attempt to bring them back together,