Workflow
Reuters
icon
Search documents
South Korea's consumer agency to order SK Telecom to compensate 58 hacking victims
Reuters· 2025-12-21 03:36
Core Point - South Korea's consumer agency will order SK Telecom to compensate 58 users due to a class action related to a recent hacking incident [1] Group 1 - The consumer agency's decision highlights the regulatory scrutiny faced by telecommunications companies in South Korea [1] - The class action reflects growing consumer concerns over data security and privacy in the telecom sector [1] - SK Telecom is expected to address the implications of this incident on its reputation and customer trust [1]
Roche CEO points to higher future drug prices in Switzerland after US deal
Reuters· 2025-12-20 21:41
Core Insights - Deals between pharmaceutical companies and the U.S. government aimed at reducing drug prices are expected to increase the cost of new drugs in Switzerland, according to the CEO of Roche [1] Group 1: Impact on Drug Pricing - The agreements in the U.S. to lower medicine prices may lead to higher costs for new pharmaceuticals in Switzerland [1]
Elon Musk becomes first person worth $700 billion after court ruling on pay package
Reuters· 2025-12-20 17:23
Core Insights - Tesla CEO Elon Musk's net worth increased to $749 billion following the Delaware Supreme Court's decision to reinstate Tesla stock options valued at $139 billion that had been voided the previous year [1] Group 1 - The Delaware Supreme Court's ruling has significant implications for Tesla's stock options, reinstating a substantial value that impacts Musk's net worth [1] - The reinstatement of the stock options reflects the ongoing legal and financial dynamics surrounding Tesla and its leadership [1]
Google warns staff with US visas against international travel due to embassy delays, Business Insider says
Reuters· 2025-12-20 03:25
Group 1 - Alphabet's Google has advised certain employees on U.S. visas to refrain from international travel due to delays at embassies [1]
US FDA grants market authorization to six on! PLUS nicotine pouch products
Reuters· 2025-12-19 23:58
Core Points - The U.S. Food and Drug Administration (FDA) has authorized the marketing of six nicotine pouch products owned by Altria [1] - This authorization is part of a pilot program designed to expedite the review process for such products [1] Company Summary - Altria has received FDA approval for six of its nicotine pouch products, indicating a significant step in the company's product portfolio expansion [1] - The pilot program aims to streamline the regulatory process for nicotine products, potentially benefiting Altria and similar companies in the industry [1] Industry Summary - The FDA's initiative reflects a broader trend towards the regulation and acceptance of alternative nicotine delivery systems [1] - The approval of these products may influence market dynamics and competition within the nicotine pouch segment [1]
Exclusive: SoftBank races to fulfill $22.5 billion funding commitment to OpenAI by year-end, sources say
Reuters· 2025-12-19 23:32
Core Viewpoint - SoftBank Group is working to finalize a $22.5 billion funding commitment to OpenAI by the end of the year through various cash-raising strategies [1] Funding Strategies - The company plans to utilize a combination of selling some investments and potentially accessing undrawn margin loans secured against its ownership in Arm Holdings [1]
Meta's Dina Powell McCormick quits board, may stay on as adviser
Reuters· 2025-12-19 23:16
Core Insights - Dina Powell McCormick has resigned from the board of directors of Meta Platforms effective immediately, just eight months after her appointment [1] Company Summary - The resignation of Dina Powell McCormick marks a significant change in the leadership structure of Meta Platforms [1]
Boeing seeks FAA emissions waiver to sell 35 additional 777F freighters
Reuters· 2025-12-19 22:53
Core Viewpoint - Boeing has requested a waiver from the Federal Aviation Administration (FAA) regarding airplane emissions rules to facilitate the sale of an additional 35 Boeing 777F freighters, driven by strong customer demand and delays in production [1] Group 1 - Boeing is experiencing strong customer demand for its 777F freighters, prompting the request for regulatory flexibility [1] - The request for a waiver is specifically aimed at addressing delays in production that could impact sales [1]
Musk wins appeal and restores 2018 Tesla pay deal worth $56 billion
Reuters· 2025-12-19 21:27
Core Points - The Delaware Supreme Court restored Elon Musk's 2018 pay package from Tesla, which was previously valued at $56 billion [1] - This decision comes two years after a lower court deemed the compensation deal "unfathomable" and struck it down [1] Company Summary - Elon Musk's compensation package was significant, originally worth $56 billion, indicating the scale of executive compensation in the tech and automotive industry [1] - The restoration of this pay package by the Delaware Supreme Court highlights ongoing legal and governance discussions surrounding executive compensation practices [1]
Medtronic's MiniMed files for US IPO
Reuters· 2025-12-19 21:16
Group 1 - MiniMed Group, the diabetes business of Medtronic, has filed for an initial public offering (IPO) in the United States [1]