Big Law

J&J Will Pay $2 Billion to Acquire Cancer Drug Developer Ambrx Biopharma

Johnson & Johnson on Monday said it will pay $2 billion in cash to acquire Ambrx Biopharma, a drugmaker…

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Tiger Woods Ends Partnership With Nike After 27 Years

Tiger Woods’ 27-year partnership with Nike has come to an end. The superstar golfer announced the news…

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Coinbase Is Planning a Pivotal Acquisition That Will Allow It To Offer Crypto Derivatives in the EU

Coinbase plans to offer crypto-linked derivatives in the European Union, and it’s planning to acquire…

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Microsoft Executive Dee Templeton Joins OpenAI’s Board

Microsoft Corp. executive Dee Templeton has joined OpenAI’s board as a nonvoting observer, according to…

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Southwestern and Chesapeake Energy Reportedly Near a $17 Billion Merger Deal

U.S. natural gas producer Chesapeake Energy and peer Southwestern Energy are nearing a merger that…

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Peloton Shares Surge 15% As It Launches a Partnership With TikTok to Offer Short-Form Fitness Classes, Other Content

Peloton launched a partnership with TikTok on Thursday as part of its strategy to change…

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U.S. Regulator Denies Disney and Apple Bids to Skip Votes on Artificial Intelligence

Apple and Disney cannot avoid shareholder votes about their use of artificial intelligence put forward…

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ESPN and the NCAA Ink an 8-Year, $920 Million Media Rights Deal

The NCAA and ESPN have reached a new eight-year media rights deal worth more than…

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Walmart Awarded a New Trial in Patent Case Over Grocery Freshness Technology

Walmart will receive a new trial in a lawsuit it faced from Zest Labs Inc.…

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Cigna Group Reportedly Nears a $3 Billion-$4 Billion Deal to Sell Its Medicare Advantage Unit

Health insurer Cigna Group is in exclusive talks to sell its Medicare Advantage business to…

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