Mark Zuckerberg and his wife Priscilla Chan have donated $25 million through their foundation to a philanthropic effort organized by Bill Gates to explore new coronavirus treatments.
The Gates Foundation donated $50 million last week to what it’s calling the “COVID-19 Therapeutics Accelerator.” The initiative brings together life sciences companies to collaborate on the development of new vaccines, diagnostics, and treatments for COVID-19.
“The Therapeutics Accelerator will enable researchers to quickly determine whether or not existing drugs have a potential benefit against COVID-19,” Chan and Zuckerberg said in a press release. “We hope these coordinated efforts will help stop the spread of COVID-19 as well as provide shared, reusable strategies to respond to future pandemics.”
The two donations are the largest from tech billionaires since the coronavirus outbreak. Wellcome and Mastercard are supporting the effort as well.
The goal of the initiative is to either develop a new drug or adapt an existing treatment that it could help distribute alongside partnering pharmaceutical companies.
The 15 companies participating in the project kicked off the effort by sharing their proprietary libraries of molecular compounds that have some history of being tested with COVID-19.
The lineup includes big names in biotech such as Johnson & Johnson, Merck, Pfizer, Sanofi, and Bristol-Myers Squibb.
AT&T, once it completes its acquisition of Time Warner, will launch a free 'skinny' bundle called AT&T Watch for all its wireless subscribers, putting the newly created company in direct competition with internet streaming companies. "That is going to be a really disruptive move by AT&T," says Rich Greenfield, analyst at BTIG.
With AT&T's offer for Time Warner getting the green light from a U.S. judge Tuesday, BTIG analyst Rich Greenfield says Comcast will finally get its chance to go after the assets of 21st Century Fox.
The 2018 World Cup starts on Thursday, and Jason Gurwin, co-founder and CEO of FOMOPOP, discusses the best ways to watch all of the soccer games from Russia.
In an email to employees, Tesla's CEO Elon Musk said the company would cut 9 percent of its workforce, mostly affecting salaried employees and not on the production line. The layoffs will not affect Model 3 production targets, Musk said.
President Trump and Kim Jong Un have signed a deal to denuclearize the Korean Peninsula and improve relations between the United States and North Korea. The two leaders met in Singapore for a historic summit, the first ever between the U.S. and North Korea.
Kristen Scholer and Tim Stenovec sit down with journalist and author Gretchen Carlson for a wide-ranging interview. Carlson talks about her new programming called 'Justice for Women,' her life post-Fox News, and her role in eliminating the swimsuit competition from the Miss America pageant.
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A judge is expected to rule Tuesday on AT&T's acquisition of Time Warner. Rich Greenfield, a media and tech analyst for BTIG, says if the deal is blocked, it could open the door for other companies bid for Time Warner.
The cable network is reportedly preparing to make a rival bid for the assets of 21st Century Fox on Wednesday, if a judge rules in favor of AT&T's acquisition of Time Warner. An offer would foil Disney's planned $52.4 billion takeover of the company announced last December.
People around the world, on average, will spend more time online next year than they will spend watching TV, according data from Zenith. However, in the U.S., TV time still beats out time spent online, said Sara Fischer, a media reporter for Axios.
The co-creator of the Bikini Body Guide, which currently reaches a global online community of over 35 million women, talks about how the app acts like a personal trainer in your pocket.
