On Aug. 4, shares of Bristol-Myers Squibb closed at $75.32. Today, shares are worth just over $50. That means in three months, Bristol has lost a third of its value, equivalent to about $40 billion in market capitalization. The reason? One... Read more »
[Updated 10/13/16, 5:33 pm, with CEO comments at end of story.] Investors just pumped $75 million into Iora Health in a fresh round aimed at helping the Boston-based startup expand its primary care practices to more locations and improve... Read more »
Water covers more than 70 percent of the Earth’s surface, but the oceans’ capacity for meeting the growing consumer demand for seafood is limited—the seas are simply overfished.
Some new business opportunities are emerging to produce more fish amid dwindling fish... Read more »
[Corrected 10/13/16, 9:10 am. See below.] When California voters go to the polls on November 8, among the many issues they are expected to decide is Proposition 64. If a majority of voters vote yes, the initiative would legalize... Read more »
The most interesting innovations are found where disciplines, industries, and cultures intersect—where intelligent machines edit human writers, drones plant trees, and cloud computing accelerates the transformation of healthcare, for example.
Xconomy is excited to announce our upcoming Seattle event, an exploration... Read more »
The European Society for Medical Oncology’s annual conference wraps up in Copenhagen today. We’ve seen updates on heavyweight immunotherapy programs, potential options for patients with advanced breast cancer, and more. Here’s a quick roundup of the major news.
ESMO... Read more »
Fall began in earnest this week, but the winds and rains that buffeted the Northwest are nothing compared to the fury of Hurricane Matthew. Time to hunker down for a review of the local tech news including: Amazon’s big contribution to... Read more »
[Updated, 11:50 a.m. ET, see below] With the Caribbean and now the southeast U.S. coast bearing the brunt of Hurricane Matthew, we send our thoughts and more to those who have more pressing matters to worry about this week.... Read more »
Samsung entered the conversational artificial intelligence fray in a major way Wednesday with its purchase of Viv Labs, a San Jose, CA-based startup led by three of the key people behind virtual assistant Siri.
Terms of the deal weren’t disclosed.... Read more »