New York (CNN Business)California biotech company Vaxart, which is working on a Covid-19 vaccine, is under federalinvestigation and is being sued by a number of investors for allegedly exaggerating its involvement in the US government’s Operation Warp Speed program for developing Covid-19 vaccines and treatments.
Vaxart stated in an October 14 Securities and Exchange Commission filing that it’s being investigated by the SEC and federal prosecutors, and that it was served with a grand jury subpo…
Apple, Google and a Deal That Controls the Internet – The New York Times
In a landmark antitrust complaint, the Justice Department is targeting a secretive partnership that is worth billions of dollars to both companies.
A former Google executive, who asked not to be identified because he was not permitted to talk about the deal, said the prospect of losing Apples traffic was terrifying to the company.
The Justice Department, which is asking for a court injunction preventing Google from entering into deals like the one it made with Apple, argues that the arrangement has unfairly helped make Google, which handles 92 percent of the worlds internet searches, the center of consumers online lives.
Online businesses like…
Builder of global tech giant Samsung, Lee Kun-hee, dies at 78 – The Washington Post
No cause of death was given, but he has been hospitalized since a 2014 heart attack.
Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial powerhouse from a local business, the statement said Sunday.
How Samsung moved beyond its exploding phones
Under Lees three decades of leadership, Samsung Electronics transformed from a small television maker into the worlds biggest producer of smartphones, electronic displays and memory chips. Since he inherited the company in 1987 from his father Lee Byung-chul who founded Samsung as a small…
Samsung chairman Lee Kun-hee dies at 78 – The Verge
Samsung Electronics Lee Kun-hee chairman has died, the company has announced in a statement. He was 78.
Controversial figure who turned Samsung into a global tech power
Photo by Chung Sung-Jun/Getty Images
Samsung Electronics has announced the death of its chairman, Lee Kun-hee. The company says he died on October 25th with family including his son, vice-chairman Lee Jae-yong, at his side. He was 78.
A cause of death was not given, but Lee had been incapacitated for many years after suffering a heart attack in 2014, causing him to withdraw from public life. Lee Jae-yong, also known as Jay Y. Lee,…
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