Monthly Archives: July 2022

Twitter wins first battle in lawsuit with Musk after judge agrees to move the case forward on an ‘expedited’ schedule

Elon Musk. Andrew Kelly/Reuters Elon Musk and Twitter’s legal teams squared off in court for the first time on Tuesday. The Chancery Court granted Twitter its first request in its legal battle against Musk. The hearing addressed Twitter’s request to expedite the case and get it resolved as soon as possible. The Delaware Chancery Court…

Lumber prices waver as mortgage rates cool but builder confidence craters to lowest level since start of the pandemic

A discounted batch of planks is seen as people shop for lumber at a Home Depot store in Alhambra, California on May 4, 2022. FREDERIC J. BROWN/AFP via Getty Images Lumber prices are seeking direction as the housing market finally shows signs of slowing down.A recent reprieve in mortgage rates helped boost lumber prices in…

Putin believes he’s winning in Ukraine but will become ‘most dangerous’ when he thinks Russia is losing, expert warns

Vladimir Putin’s Russia managed to avoid default on Tuesday. Alexander Demyanchuk/AP Tatiana Stanovaya, a Russia expert, in a NYT op-ed said that Putin believes he is winning in Ukraine. “That might seem hard to believe,” Stanovaya said, “But it’s what the Kremlin seems to believe.” But Putin will likely become “most dangerous” if his perspective…

3 of Trump’s high-profile Senate picks — Dr. Oz, Herschel Walker, and JD Vance — are in serious trouble despite a favorable 2022 midterm climate for the GOP

From left to right, Republican Senate candidates Herschel Walker, Mehmet Oz and JD Vance. Megan Varner, Jeff Swensen/Getty Images From lackluster fundraising totals to low poll numbers, key GOP Senate candidates are in trouble. Georgia’s Herschel Walker, Pennsylvania’s Mehmet Oz and Ohio’s JD Vance are in winnable races. Still, each of them has struggled to…

The FBI is warning crypto investors to be on the lookout for fake apps that have defrauded over $42 million from users

The FBI and the IRS criminal investigation field office in Washington D.C. worked with authorities in Cyprus and Latvia to dismantle the organization. MANDEL NGAN/AFP via Getty Images The FBI warned crypto investors of fake apps, which scammed over $42 million from users since October. Fraudulent apps were often masquerading under the names of legitimate…

THE DIGITAL HEALTH ECOSYSTEM: An in-depth examination of the players and tech trends reshaping the future of healthcare

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Business Insider Intelligence Digital disruption is rocking the healthcare industry, and key stakeholders — payers, providers, manufacturers, and medical supplies distributors — are all feeling its effects differently. Until…

Synchron says it’s the first to implant a human brain-computer interface in the US

Brain-computer interfaces have become a practical (if limited) reality in the US. Synchron says it has become the first in the country to implant a BCI in a human patient. Doctors in New York’s Mount Sinai West implanted the company’s Stentrode in the motor cortex of a participant in Synchron’s COMMAND trial, which aims to…

Judge grants Twitter expedited trial against Elon Musk

Twitter has scored a victory in its lawsuit against Elon Musk over his attempted exit from a $44 billion takeover deal. In an initial hearing, Delaware Court of Chancery chancellor Kathaleen McCormick has granted Twitter’s request for an expedited, five-day trial beginning in October. The company had originally sought a four-day trial in September. Musk’s…