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Roche’s Genentech Doubles North Carolina Facility Investment to About $2 Billion

Genentech, a unit of Roche, said it will more than double its planned investment in a biomanufacturing facility in North Carolina to about $2 billion, reinforcing its commitment to expanding production in the United States. The facility, located in Holly Springs, North Carolina, is expected to become operational by 2029 and will focus on manufacturing […]

Brazil Gives Musk’s xAI 30 Days to Tackle Fake Sexualized Content From Grok

Brazilian authorities have given xAI, founded by Elon Musk, 30 days to prevent its Grok chatbot from generating and circulating fake sexualized content, warning of further legal action if the company fails to comply. In a joint statement, Brazil’s consumer protection agency Senacon, data protection authority ANPD, and the Office of Federal Prosecutors said xAI […]

SkyBridge Bets on Rising Volatility, Cautiously Optimistic on Bitcoin, Scaramucci Says

Alternative asset manager SkyBridge Capital is increasing its exposure to macro strategies as policy uncertainty under U.S. President Donald Trump fuels market volatility, founder Anthony Scaramucci said in Davos. Scaramucci said macro-focused traders have performed better amid sharp market swings, prompting SkyBridge to tilt further toward such strategies. Regulatory filings from September 2025 showed the […]