Cigna’s CFO Brian Evanko said the company’s “outpatient dynamic” was impacted by the Change Healthcare hack which disrupted claims during the first quarter of 2024.
France’s Mistral AI has raised 600 million euros ($643.7 million) in a funding round led by existing investor General Catalyst, it said on Tuesday, as AI continues to draw the bulk of technology-focused venture capital funds.
China Evergrande New Energy Vehicle Group faces the risk of losing assets such as land and equipment, the company said on Tuesday, as local administrative bodies demand repayment of 1.9 billion yuan ($261.91 million) in subsidies by its units.
Spotify will introduce a new expensive plan for its most ardent users later this year, Bloomberg News reported on Tuesday, citing a person familiar with the plan.
Market intelligence platform AlphaSense said on Tuesday it had notched a valuation of $4 billion in a fresh funding round and agreed to buy privately held Tegus in a deal valuing the rival at $930 million.
Turkish authorities have arrested a student for cheating during a university entrance exam by using a makeshift device linked to artificial intelligence software to answer questions.
Indian e-scooter maker Ola Electric has received regulatory approval to go ahead with its $660 million Initial Public Offering, said two sources with direct knowledge, paving the way for the country’s first ever EV stock listing.
The U.S. Commerce Department said on Tuesday it planned to award Rocket Lab $23.9 million to dramatically boost the production of compound semiconductors used in satellites and spacecraft.
The U.S. Supreme Court agreed on Monday to hear a bid by Meta’s Facebook to scuttle a private securities fraud lawsuit accusing the social media platform of misleading investors in 2017 and 2018 about the misuse of its user data by the company and third parties.
China on Tuesday issued draft rules to promote construction of overseas warehouses and expand cross-border e-commerce businesses, which have become a vital force in its foreign trade, according to the Chinese commerce ministry.
