Spend

Novo Nordisk, the Danish pharmaceutical giant that makes the blockbuster Wegovy obesity drug, said it will invest more than $6 billion to boost production capacity.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Novo Nordisk, the Danish pharmaceutical giant that makes the blockbuster Wegovy obesity drug, said it will invest more than $6 billion to boost production capacity.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.…

The stranger struck up conversation on a delayed flight between Florida and New York. We were both struggling to entertain our toddlers, and we commiserated awhile. After the children fell asleep, he told me he’d recently left the Mormon church. He said he missed the community and the certainty he once felt. He was still figuring out how to raise a child without faith: for example, would I say there was a heaven if my daughter asked, even if I didn’t fully believe it?Maybe it feels more natural to speak intimately with a…

First Solar, the largest solar panel maker in the US, today announced that it will invest $1.1 billion to build a fifth US solar panel production factory. The planned factory, which will be vertically integrated, is expected to grow First Solar’s nameplate manufacturing capacity by 3.5 gigawatts (GW) to reach approximately 14 GW in the US and 25 GW globally in 2026. First Solar has not yet determined where its fifth factory will be located, but it’s expected to come online the first half of…

Amid its rebranding to X, Twitter is reportedly hardballing advertisers in an effort to increase its bottom line. Reports earlier this month suggested that Twitter’s revenue had dropped by a staggering 50 percent. The company's latest strategy to increase revenue, according to The Wall Street Journal, is asking brands to spend at least $1,000 per month on ads in order to maintain their verified status on the platform. Responding to about The Wall Street Journal’s report, Musk says that the "moderately high" cost is a…

If it seems like ads for Cheech amd Chong’s cannabis gummies have been following you, you aren’t having a paranoia spell. Cheech & Chong’s Global Holding, the parent company behind the pot-loving comedy team’s THC-laced candies, is spending between $250,000 and $500,000 a month for gummy ads on Twitter, its chief executive, Jonathan Black, told The Wall Street Journal. There’s only about 20 advertisers spending more than $500,000 a month on Elon Musk’s social media platform, including Chevron, Apple and…

Thibaut Mongon, CEO of Kenvue Inc. a Johnson & Johnson's consumer-health business, speaks during an interview to celebrate its IPO at the New York Stock Exchange (NYSE), May 4, 2023.Brendan Mcdermid | ReutersMost consumers have pulled back on spending as inflation squeezes their wallets, but they have not stopped paying up for brand-name health and personal care products, Kenvue CEO Thibaut Mongon said.Mongon told CNBC on Thursday that consumers are still willing to spend on the company's branded products – even as…

OpenAI CEO Sam Altman has been fielding a fair few questions recently from federal agencies about the dangers of his ChatGPT chatbot. Unfortunately, he just lost his trust and safety head.Photo: Tomohiro Ohsumi (Getty Images)ChatGPT-maker OpenAI is going through a bit of a shakeup. The company is adding more features that will help the chatbot remember instructions, though developers will also be spending a lot more time making sure the current version of the company’s precious language model is working as intended. But…

Every year, around September time, the newest iPhone is unveiled by Apple with all its new bells and whistles.Last year, it was the iPhone 14 and the iPhone 14 Pro, with the new Dynamic Island and even beefier camera modules that stick out just a little too much to make you comfortable placing the thing on its back on all but the softest of tables. Now, this year, we’re looking forward to seeing what the iPhone 15 will bring to the table — and whether it’s worth upgrading to.For some, however, the iPhone 15 launch will…

The world of cryptocurrency has often been criticized for being exclusive, catering primarily to speculators and crypto-savvy individuals. Despite this, many advocates believe that the underlying decentralized technology has the potential to benefit society as a whole. Gnosis, a well-regarded blockchain project in the developer community, is working to demonstrate the broader applicability of web3 by bridging the gap between self-custodial crypto wallets and traditional payment methods such as Visa. Its latest…

High-performing advertisements on Facebook and Instagram have marketers ready to throw cash at the Twitter clone – how long can Meta wait? “We’re going to start immediately for our clients, as soon as advertisements are available on Threads,” said Ahmet Yavuz, CEO of digital marketing firm ASY Digital. “Everything is ready from our side.” For Yavuz and his counterparts, there’s serious appeal in having another ad-supported app inside Meta’s ad manager. And that could be trouble for Twitter. Meta’s ad system…