Shares of FibroGen are soaring more than 50 percent in pre-market trading Tuesday after the biotech reported positive study results for a potential blockbuster drug. The biotech company’s drug pamrevlumab, a treatment for fatal lung disease idiopathic pulmonary fibrosis, successfully completed a mid-stage FDA test. “Significant value creation should occur now,” Jefferies analyst Michael Yee […]

The hottest new trend in smartphones is right in front of you. Started by Samsung and quickly followed by others including LG, Essential and, as of Tuesday, Sharp, smartphones are beginning to pack screens that take up almost the entire front of the phone. Apple‘s iPhone 8 is expected to offer a similar screen when […]

Tesla is either going to be a big success or get “competed away” so investors need to have a “bipolar outlook” on the stock, according to one analyst. Jim McCaughan, CEO of Principal Global Investors, said that the majority of the market thinks Tesla will be a big success but it’s not so black and […]

Bitcoin broke through the $3,500 mark for the first time on Tuesday hitting a fresh record high as uncertainty over the future of the cryptocurrency subsided. The digital currency hit an-all time high of $3,525.04 before pulling back to around $3,481 early on Tuesday. Bitcoin’s record high marks a 264 percent year-to-date rise and comes […]

Harvard computer science professor Radhika Nagpal will begin using a robotic toy she helped developed, Root, to teach coding languages like Python and Javascript in her undergraduate courses this fall. She is already using a Root prototype in her research lab. The hexagonal Root, priced at $199, looks something like iRobot’s Roomba vacuum cleaners. But […]

JetBlue travelers will soon be able to file complaints or get answers from the airline through any communication channel they so choose including Facebook Messenger, Twitter and texts. The legacy travel brand just inked a deal with a start-up called Gladly to overhaul its customer service systems. Additionally, JetBlue Technology Ventures is investing alongside GGV […]

Google is teaching girls that their path to “financial freedom” lies in “complaining to HR,” the managing director of a Peter Thiel investment fund said on Tuesday, drawing sharp criticism on social media. The comments, made by Eric Weinstein, the managing director of Thiel Capital, come after Google fired engineer James Damore for circulating a […]

Indian movie production house Eros is in early talks with Apple, Amazon and Netflix to sell its film and music library, a source familiar with the matter said. Global content streaming companies are jockeying to boost their Indian television, movie and music offerings in the world’s fastest growing Internet services market. The Eros library includes […]

Alphabet’s Google has fired an employee who wrote an internal memo that ascribed gender inequality in the technology industry to biological differences. The engineer who wrote the memo confirmed his dismissal saying that he had been fired for “perpetuating gender stereotypes,” in an email to Reuters on Monday. Damore said he is “currently exploring all […]

In a memo to employees, CEO Sundar Pichai said the employee who penned a controversial memo about how women had biological issues that prevented them from being as successful as men in tech had violated its Code of Conduct and that the post had crossed “the line by advancing harmful gender stereotypes in our workplace.” […]