Showing 1 - 10 of 13
DeepSeek: A game changer in AI efficiency?
Business, Peter Hanbury and Jue Wang, Published on 20/03/2025
» DeepSeek, a Chinese artificial intelligence startup founded in 2023, has quickly made waves in the global industry. With fewer than 200 employees and backed by the quant fund High-Flyer ($8 billion in assets under management), the company released its open-source model, DeepSeek R1, one day before the announcement of OpenAI's $500-billion Stargate project in the United States.
Drugmakers Reap Billions Meeting Covid-19 Needs
Business, Peter Loftus, Published on 28/02/2022
» Healthcare companies that came up with effective Covid-19 vaccines, treatments and tests are seeing a huge financial payoff and are starting to spend their cash, while grappling with questions about whether the growth is sustainable.
Myanmar soldiers collecting bills at gunpoint
Asia focus, By Richard C Paddock of the New York Times, Published on 31/01/2022
» The schoolteacher had just got out of bed when four Myanmar army soldiers pounded on her door. Her electricity payment was overdue, they said, and ordered her to pay it immediately at the government power company office.
J&J Split Plan Reflects Change in the Healthcare Industry
Business, Jonathan D. Rockoff & Peter Loftus, Published on 15/11/2021
» Johnson & Johnson plans to break up into two companies, splitting off the $15-billion-a-year division that sells Band-Aid bandages, Tylenol medicines and Johnson's Baby Powder in a shift indicating just how much healthcare has changed since the company helped pioneer the industry.
One World Trade Center Is Most Expensive Office Tower in U.S.
Business, Peter Grant, Published on 14/09/2021
» One World Trade Center, the 1,776-foot office building that rose in place of the Twin Towers destroyed on Sept. 11, cost $3.8 billion and is the most expensive skyscraper ever built in the U.S.
Stumbling Hotel Industry Starts to Regain Footing After Its Worst Year
Business, Peter Grant, Published on 18/03/2021
» The badly battered lodging business is stirring to life, roused by hotel owners and investors betting that bookings will pick up when Covid-19 vaccines become widespread and more Americans itch to travel again.
Asia's climate optimism
Asia focus, Christine Loh, Pamela Mar, Peter Seligmann and Lin Xu in Hong Kong, Published on 22/02/2021
» Optimism is in the air in Asia, where the new Regional Comprehensive Economic Partnership has brightened prospects for a post-pandemic recovery and a revival of multilateralism. Even more promising, there is growing regional agreement on the need to address climate change.
Sony CEO Is a 'Fortnite' Fan, and Not Just for the Profits
Business, Peter Landers, Published on 22/09/2020
» Kenichiro Yoshida remembers the day--Sept. 17, 2014--that he felt Sony Corp. hit bottom.
J&J, Sanofi, Inovio Hunt for Coronavirus Vaccines
Business, Peter Loftus, Published on 26/02/2020
» Drugmakers Johnson & Johnson, Sanofi SA and Inovio Pharmaceuticals Inc. have started to develop coronavirus vaccines, and human studies of them could start in anywhere from a few months to about a year from now. The efforts come as Moderna Inc. has shipped a batch of its experimental coronavirus vaccine to U.S. researchers for human testing.
Drugmakers Rush to Develop Vaccines Against China Virus
Business, Peter Loftus & Betsy McKay, Published on 25/01/2020
» Several drugmakers are racing to develop vaccines that could protect against the new respiratory virus originating in China, as fears mount it could spread more widely.