Tag Archives: Maker

Ozempic Maker Novo Nordisk to Cut 9,000 Jobs  The New York Times Wegovy-maker Novo Nordisk to cut around 9,000 jobs  CNBC Novo Tries to Catch Up With Lilly by Slashing 11% of Workforce  Bloomberg Ozempic maker Novo Nordisk is cutting 9,000 jobs  AP News Novo Nordisk slashes 9,000 jobs to slim down in fierce weight-loss drug battle  Reuters Source link

Ozempic Maker Novo Nordisk to Slash 9,000 Jobs  The Wall Street Journal Wegovy-maker Novo Nordisk to slash 9,000 jobs as competition heats up  Reuters Novo to Cut 11% of Workforce as New CEO Slashes Forecast  Bloomberg.com Novo Nordisk, maker of obesity drug Wegovy, to cut 9,000 jobs to sharpen focus, meet competition  Yahoo Finance Wegovy-maker Novo Nordisk to cut around 9,000 jobs  CNBC Source link

It is hard to argue with the recent results of Broadcom (NASDAQ:AVGO), which delivered a sparkling 3Q Fiscal 2025 earnings report late last week. The company enjoyed revenues of $15.95 billion – up 22% year-over-year – while its Adjusted EBITDA of $10.7 billion represented a 30% increase year-over-year. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! …

Exclusive | EV Maker Rivian Lays Off Workers as It Preps Launch of Cheaper SUV  The Wall Street Journal Rivian said to plan layoffs in cost-cutting effort  breakingthenews.net Rivian laying off less than 1.5% of workforce ahead of new SUV launch, WSJ says  TipRanks Rivian cuts less than 1.5% of workforce ahead of R2 SUV launch – WSJ  Investing.com Ev maker Rivian lays off …

Mike Cannon-Brookes, the CEO of enterprise software giant Atlassian, was one of the first users of the Arc browser. Over the last several years, he has been a prolific bug reporter and feature requester. Now he’ll own the thing: Atlassian is acquiring The Browser Company, the New York-based startup that makes both Arc and the new AI-focused Dia browser. Atlassian …

Shaun DacostaBBC Newsbeat and Georgia Levy-CollinsBBC Newsbeat Sports Interactive Football Manager 26 is due to drop this autumn After a year on the sidelines, Football Manager’s creators say the game will be back this year. But the top boss behind the video game admits cancelling the 2025 edition was “embarrassing”. Fans hoping to play FM25 were left disappointed when its …

OpenAI, the company behind popular generative AI chatbot ChatGPT, has warned its investors that they could lose their investment or may not see any returns in a post-AGI world. The company further stated that it may be difficult to know what kind of role money will play in a world where AGI has been achieved. A warning on the OpenAI …

Image by Sergei Gapon / AFP via Getty / Futurism Novo Nordisk, the Denmark-based pharmaceutical company that makes Ozempic and Wegovy, looks like it’s being toppled off its GLP-1 throne. In a statement to Reuters, the Danish conglomerate admitted that it “currently [has] a hiring freeze in non-business critical areas.” Though Novo offered no additional explanation, the writing has been …

China’s Pop Mart, maker of the Labubu doll, says profit soars nearly 400% in first half  Reuters Pop Mart shares reverse course to rise 10% after Labubu-maker posts near-400% profit surge  CNBC Labubus Are on Track to Be a Billion-Dollar Business This Year  WIRED Pop Mart CEO says Labubu-maker’s revenue could hit over $4 bln this year  Reuters Labubu frenzy sends Pop Mart profits …

Intel Stock Gains After Softbank Makes $2 Billion Investment. Why It’s a Big Deal for the Beleaguered Chip Maker.  Barron’s Intel gets $2 billion lifeline in the form of SoftBank equity investment  Reuters SoftBank shares fall over 5% after it announces $2 billion investment in Intel  CNBC Intel secures $2bn lifeline from Japan’s SoftBank  The Guardian Intel stock jumps 5% as SoftBank takes $2 …