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23andMe’s founder Anne Wojcicki wins bid for DNA testing firm
Last month, Regeneron agreed to buy the firm for $256 million, topping a $146 million bid from Wojcicki and TTAM Research Institute.”The agreement with non-profit TTAM Research Institute is the result of a final round of bidding that occurred earlier today between TTAM and Regeneron Pharmaceuticals,” the comp …. Read More >>

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Amazon’s healthcare business to be divided into six units after losing top health executives
(Reuters) -Amazon said on Friday its healthcare business will be divided into six new units as part of a restructuring effort, in a move that comes after recent top health executive departures. The company’s chief medical officer, Sunita Mishra, stepped down last month, while Aaron Martin, who has been the vi …. Read More >>

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Adobe shares slide as investors skeptical of quicker AI-adoption returns
(Reuters) -Adobe’s shares dropped 7% in early trading on Friday as investors’ concern that the company’s AI adoption into its software tools could take longer to fetch returns, overshadowed a raised annual revenue forecast.”(We see) increasing concerns surrounding competitive pressures and a longer time horiz …. Read More >>

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OpenAI to continue working with Scale AI after Meta deal
PARIS (Reuters) -OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to take a 49% stake in the artificial intelligence startup for $14.8 billion, OpenAI’s CFOÂ Sarah FriarÂ told the VivaTech conferenceÂ in Paris.Scale AI provides vast amounts of labelled or curated training …. Read More >>

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