Despite new rules aimed at curbing the cost of medication, Americans are spending more than ever on their prescriptions. Last year, out-of-pocket costs for prescription drugs notched a fresh high of $98 billion, according to a recent report from health data analytics firm IQVIA. Over the previous five years, out-of-pocket costs grew 25%. From 2023, […]
Microsoft founder Bill Gates said he intends to give away 99% of his vast fortune over the next 20 years. Gates said he would accelerate his giving via his foundation, with plans to end its operations in 2045. “People will say a lot of things about me when I die, but I am determined that […]
Sankaet Pathak’s last startup, fintech Synapse, filed for bankruptcy in 2024 amid issues with partner Evolve Bank & Trust. Tens of millions of dollars in deposits made by consumers, mostly customers of fintechs that worked with Synapse, remain unaccounted for. Yet according to The Information, Pathak is reportedly moving full steam ahead on attempts to […]
Speaking from the Vatican balcony just after being unveiled as the new pontiff, Pope Leo XIV paid tribute to his predecessor and called for unity. Robert Prevost, 69, was chosen following a two-day conclave in Vatican City, and is the first American to lead the Catholic Church. “Help us, and help each other, build bridges,” […]
Meta has chosen Robert Fergus to lead its Fundamental AI Research (FAIR) lab, according to Bloomberg. Fergus had been working at Google DeepMind as a research director for nearly five years, per his LinkedIn. Prior to Google, he worked as a researcher scientist at Meta. Meta’s FAIR, which has been around since 2013, has faced […]
A major conservation charity linked to Prince Harry has admitted that human rights abuses were committed by its rangers in Congo-Brazzaville, following an independent review into allegations made by members of the Baka community against African Parks rangers. In a report published last year by the British newspaper the Mail on Sunday, community members accused […]
Months after the hacked education software maker PowerSchool paid a hacker’s ransom to delete the company’s banks of stolen student data, at least one school district says it is now being extorted by someone who said the data was not destroyed. PowerSchool, which provides its K-12 software to thousands of schools to support 60 million […]
Even before his name was announced from the balcony of St Peter’s Basilica, the crowds below were chanting “Viva il Papa” – Long live the Pope. Robert Prevost, 69, will be the 267th occupant of the throne of St Peter and he will be known as Leo XIV. He will be the first American to […]
China’s Geely Auto wants to take its luxury EV unit Zeekr off the New York Stock Exchange one year after the company’s debut, per Zeekr filings. The take-private offer comes as the Trump administration explores kicking Chinese companies off American stock exchanges, part of a broader trade war that includes what has become a tariff […]
We don’t yet know who has been selected, but it will become clear likely within the hour. Source link