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1113 days ago

FDA cracks down on drug applications--smaller biotech firms see shares fall

Regulatory setbacks for drug applications from Acadia, Athenex and FibroGen have seen their share prices fall late last night. The nasdaq biotech index slumped 1.6% a deeper drop than the broader market and the SPDR biotech ETF (XBI) fell 2.4%.

#Technology

1113 days ago

Do you know Pinduoduo? You should:

Pinduoduo is China's fastest growing e-commerce company! Recent feud about the chairman stepping down from the board has pushed prices down. The company has the ambition to become the world's largest grocer and intends to invest heavily in agriculture focused logistics infrastructure over the coming years. The firm overtakes Alibaba's 779 million active users to record 788 million active users.

#Technology

1113 days ago

Dating becomes safer

Match Group's Tinder partnered with a non profit background check platform called Garbo, in order to let users check if their date is not a criminal. The functionality, if successful, shall be deployed to all of the group's apps. 

#Technology
Dating becomes safer

1113 days ago

Netflix productions grabbing more Oscars

Netflix had a major breakout for the 2019 Oscars, winning Best Director, Best Cinematography and Best Foreign Language Film with the movie Roma. Sadly, things did not go so well in 2020: they had been nominated for many titles, but only succeeded in grabbing two. However, with 35 nominations in 2021, this might be the best year for Netflix and Oscars. 

#Stocks #Technology
Netflix productions grabbing more Oscars

1114 days ago

LendingClub has blown up this year thanks to Cathie Wood

The stock has surged 70% this year and Cathie Wood increased her holdings of the fintech pioneer by 86,639 shares. Wood believes that LendingClub's purchase of Radius Bancorp and its approval by regulators will bring the stock back to profitability. 

#Technology
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