Regeneron Pharmaceuticals’ (REGN) shares were up 2.7% on the news that the FDA has granted Breakthrough Therapy designation to its eye drug Eylea, for the treatment of diabetic retinopathy in patients suffering from diabetic macular edema (DME). Breakthrough Therapy designation helps to accelerate the development and review process of experimental drugs that address an unmet…
Bitcoin ATM maker Diamond Circle has installed its first kiosk at a cafe in Queensland, Australia. The new unit is located at the Bluff Cafe at Burleigh Heights, by the Gold Coast’s Surfers Paradise. The company describes its machine, unveiled earlier this year, as the first “cashless bitcoin ATM” kiosk to hit the market. The…
As per a leaked internal document, Microsoft plans to drop words ‘Nokia’ and ‘Phone’ soon from the branding. Microsoft Corporation (NASDAQ MSFT) would abandon Nokia name and would no longer use for its mobile products, according to a leaked internal document. While the sale has been indicated by the company previously, the document obtained by…
Apple Inc (NASDAQ AAPL) shares are tanking in the wake of rising allegations about the buggy operating system update and the iPhone 6 Plus’ bending in pockets. Apple has lost a whopping $23 billion since the iPhone 6 was released on Sept. 19. Apple stock is reflecting the effect of mishaps related to the faulty…
As Apple Inc (NASDAQ AAPL) and Google Inc (NASDAQ GOOG) use customer privacy and data security as a method to differentiate their products, recent moves that would essentially lock out the prying eyes of the U.S. Department of Justice and National Security Agency are coming under scrutiny. FBI are in talks with Google and Apple…
The new social network is begging questions of Facebook in its early days. Mark Twain (Samuel Clemens) famously penned the line that “Reports of my death have been greatly exaggerated,” and those who are beginning to suggest that upstart social network Ello is a potential “Facebook Killer” should probably hold off on the death knells….
