South Africa drops probe of J&J after it agrees to lower price of TB drug and withdraws patent
World

South Africa drops probe of J&J after it agrees to lower price of TB drug and withdraws patent

Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] CAPE TOWN, South Africa (AP) — Medical advocacy groups have welcomed Johnson & Johnson’s decision not to enforce its patent on a critical tuberculosis medication, allowing its production at much lower prices, after South African authorities opened an investigation into the conglomerate. The South African Competition Commission in […]

Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Economy

Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist

Ben Zhou, chief executive officer of ByBit, during the Token2049 conference in Singapore, on Thursday, Sept. 14, 2023. Joseph Nair | Bloomberg | Getty Images Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history. The attack […]

Block shares plunge 18%, for worst day on market in 5 years after earnings miss
Economy

Block shares plunge 18%, for worst day on market in 5 years after earnings miss

Marco Bello | AFP | Getty Images Block shares plunged 18% on Friday, their steepest drop since 2020, after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to reassure investors. In its financial report late Thursday, Block reported earnings of 71 cents per share, falling short of the […]