Volkswagen workers to grill CEO on cuts at staff assemblies in August
Volkswagen workers to grill CEO on cuts at staff assemblies in August
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Pharma working capital feels the weight of GLP-1 boom
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Pharmaceutical companies tied up significantly more cash in inventory in 2025 as demand for specialty drugs and investment in new manufacturing capacity helped drive another year of growth for the industry. The pharmaceutical industry’s cash conversion cycle…
Franklin Templeton to Embed Tokenized Assets in ETFs
(Bloomberg) — Franklin Templeton is preparing to put tokenized assets inside conventional investment funds after receiving what the firm says is the first US regulatory clearance for digitally native products to be used within traditional funds. The firm plans to use its tokenized money-market fund inside ETFs and mutual funds, either as a holding or…
Meta Trial Reveals Low Adoption of Instagram ‘Take a Break’ Feature
The head of Instagram said the company spent years trying to persuade teens to “take a break.” Adam Mosseri testified Tuesday on the witness stand in Meta’s social media addiction trial in Oakland that relatively few teens initially opted into “Take a Break,” a well-being feature designed to encourage users to step away from the…
Satya Nadella Says There’s One Ground Rule AI Companies Need to Follow
Microsoft CEO Satya Nadella has a straightforward rule for companies building powerful AI: Keep people in charge. “We should do what it takes to build stuff that serves humanity first and is in human control,” Nadella told the audience at the All-In Summit on Tuesday. “You’ve got to have choice. You have to have competition….
Someone used Claude to build a potential bioweapon. The real threat is much deeper
Today’s frontier AI models know everything–how to safely thaw a frozen chicken breast, re-shingle your roof, and treat your dog’s ragweed allergies, if my recent chat history is any indication. Apparently, they also know how to create fiendishly deadly bioweapons. That’s according to a recent announcement by Anthropic. According to the company, anonymous scientists attempted…
Toronto and Vancouver housing bubble risk eases, UBS index finds
“Higher-for-longer financing costs are likely to cap house-price gains in the near term,” said Matthias Holzhey, lead author of the study and economist at UBS Global Wealth Management’s Chief Investment Office. From bubble to correction: what happened to Canadian cities Toronto and Vancouver were among the markets most prominently flagged for elevated bubble risk in…
