Author: potus

A view of the 23andMe headquarters in Sunnyvale, California, on March 25, 2025.Tayfun Coskun | Anadolu | Getty ImagesRegeneron Pharmaceuticals on Monday announced it will acquire “substantially all” of 23andMe’s assets for $256 million.The drugmaker participated in a bankruptcy auction for 23andMe, a once high-flying genetic testing company that filed for for Chapter 11 bankruptcy protection in March. Regeneron is buying 23andMe’s Personal Genome Service, Total Health and Research Services business lines, according to a release.”We believe we can help 23andMe deliver and build upon its mission to help people learn about their own DNA and how to improve their…

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(The Center Square) − Public sentiment in Louisiana is showing signs of improvement, according to the 2025 Louisiana Survey released Monday by Louisiana State University. While concerns over the economy, crime, and education remain front and center, more residents say the state is headed in the right direction — a notable turnaround from previous years of deep pessimism.”This year, we’re seeing signs of optimism,” said Michael Henderson, Ph.D., director of the Louisiana Survey. “It’s a modest shift, but a meaningful one, given how entrenched negative sentiment has been in recent years.”The annual survey, which includes both telephone and online responses from…

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Imaginima | E+ | Getty ImagesLogistics startup Stord said Monday that it is buying UPS subsidiary Ware2Go as it looks to expand its footprint in the e-commerce space.The company declined to provide specifics on the purchase price of the deal.The Atlanta-based company founded by former Thiel fellow Sean Henry said the acquisition will boost Stord’s competitive edge as it looks to chip away at the e-commerce space dominated by the likes of Amazon.Ware2Go is a third-party delivery company that looks to make quick delivery more accessible for merchants, according to its website.Henry told CNBC the acquisition builds on the company’s…

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Millions of voters across three European countries cast their ballots in an electoral “super Sunday” over the weekend amid fears of far-right gains, particularly in Romania and Poland. However, the centrists held their ground in the two European Union and NATO member nations bordering war-torn Ukraine, providing a boost to the West. Portugal’s centre-right governing party also secured a parliamentary win, but the far right made record gains. Brussels can breathe a cautious sigh of relief after pro-EU candidates emerged victorious in the three bellwether elections. But while the centre is holding for now, far-right populist forces continue to grow…

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WASHINGTON (AP) — A federal judge on Monday blocked the Trump administration from moving forward with its dismantling of the U.S. Institute of Peace, an organization taken over in March by Elon Musk’s Department of Government Efficiency.U.S. District Court Judge Beryl Howell ruled that the think tank, which was created and funded by Congress to focus on resolving violent conflicts around the globe, was taken over illegally by DOGE through “blunt force, backed up by law enforcement officers from three separate local and federal agencies.”The plaintiffs in the lawsuit, filed by the organization’s former board members and president, had maintained…

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Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesKlarna saw its losses jump in the first quarter as the popular buy now, pay later firm applies the brakes on a hotly anticipated U.S. initial public offering.The Swedish payments startup said its net loss for the first three months of 2025 totaled $99 million — significantly worse than the $47 million loss it reported a year ago. Klarna said this was due to several one-off costs related to depreciation, share-based payments and restructuring.Revenues at the firm increased…

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WASHINGTON (AP) — The Supreme Court on Monday allowed the Trump administration to strip legal protections from 350,000 Venezuelans, potentially exposing them to deportation.The court’s order, with only one noted dissent, puts on hold a ruling from a federal judge in San Francisco that kept in place Temporary Protected Status for the Venezuelans that would have otherwise expired last month. The justices provided no rationale, which is common in emergency appeals. The status allows people already in the United States to live and work legally because their native countries are deemed unsafe for return due to natural disaster or civil…

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In this photo illustration, the logo of Xiaomi’s XRing O1 chipset is seen on May 19, 2025 in Beijing, China. Xiaomi CEO Lei Jun announced on the evening of May 15 that the company’s self-developed smartphone SoC, XRING 01, will be officially launched in late May.Vcg | Visual China Group | Getty ImagesChinese technology giant Xiaomi will invest at least 50 billion yuan ($6.9 billion) over the next 10 years to develop its own chips, CEO Lei Jun said in a Weibo post on Monday.It’s the latest move by a Chinese firm to double down on home-grown technology amid the…

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Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end of the month or paying over interest-free monthly installments.Nikolas Kokovlis | Nurphoto | Getty ImagesThe U.K. government on Monday laid out proposals to bring short-term loans under formal rules as it looks to clamp down on the “wild west” of the buy now, pay later sector.Fintech firms like Klarna and Block’s Afterpay have flourished by offering interest-free financing on everything from fashion and gadgets to food deliveries — while at the same time stoking concerns around affordability. The space is…

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Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, May 19, 2025. Bloomberg | Bloomberg | Getty ImagesNvidia CEO Jensen Huang made a slew of announcements and revealed new products on Monday that are aimed at keeping the company at the center of artificial intelligence development and computing. One of the most notable announcements was its new “NVLink Fusion” program, which will allow customers and partners to use non-Nvidia central processing units and graphics processing units together with Nvidia’s products and its NVLink. Until now, NVLink was closed to chips made…

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