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Novartis buys UK biotech Myricx for up to $1.5bn to chase a new cancer-drug class

July 6, 2026 Emily Chen
Novartis Acquires UK Biotech Myricx for Up to $1.5 Billion The Swiss pharma giant is paying $1.1 billion upfront for a pre-clinical firm betting on a fresh w...
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Nvidia’s Kyber AI rack slips to 2028, and one circuit board is to blame

July 6, 2026 Emily Chen
Nvidia's Kyber AI Rack Delayed to 2028: A Circuit Board Conundrum Nvidia’s Kyber AI rack, initially planned for 2027, has faced a significant delay until 2028...
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China’s Biren raises $892M to build GPUs that can take on Nvidia at home

July 6, 2026 Emily Chen
China's Biren Raises $892M to Build GPUs That Can Take on Nvidia at Home Shanghai Biren Technology is selling HK$7 billion (about $892.5 million) of new share...
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Solstice and Element Solutions weigh a $27bn merger of materials makers

July 6, 2026 Emily Chen
Solstice and Element Solutions Weigh a $27bn Merger of Materials Makers A newly independent Honeywell spinoff is reportedly in talks to combine with a special...
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Tech billionaires pour $120M into killing California’s wealth tax

July 5, 2026 Emily Chen
Tech Billionaires Pour $120M into Fighting California’s Wealth Tax Tech billionaires have poured over $120 million into fighting California's Proposition 40, ...
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Judge grants Alibaba a reprieve from the lobbying ban tied to the Pentagon’s blacklist

July 5, 2026 Emily Chen
Alibaba Wins Temporary Reprieve from US Lobbying Ban A federal judge has ordered the Pentagon to grant Alibaba temporary relief from a law that led to the los...
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Minions & Monsters wins July 4 box office with a franchise-low $64M debut

July 5, 2026 Emily Chen
Minions & Monsters Wins July 4 Box Office with Franchise-Low $64M Debut Universal’s yellow money machine still topped the holiday weekend, but the softest...
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AI-native startups hire fewer juniors and more elites, Harvard study finds

July 5, 2026 Emily Chen
AI-native startups hire fewer juniors and more elites, Harvard study finds New research shows the firms built around AI are smaller, flatter, and stacked with...
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Nvidia supplier Hon Hai posts 40% sales jump on AI server demand

July 5, 2026 Emily Chen
Hon Hai Sales Jump 40% on AI Server Demand July 5, 2026 - 2:02 pm Image by: 總統府 TL;DR Hon Hai (Foxconn), the Taiwanese contract manufacturing gian...
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South Korea plans a ‘future response fund’ built on its AI chip tax windfall

July 5, 2026 Emily Chen
South Korea Plans 'Future Response Fund' from Chip Tax Windfall South Korea is set to establish a "future response fund" funded by the record prof...
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