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		<title>Japan Airlines to trial robots at Tokyo&#8217;s Haneda airport to load baggage</title>
		<link>https://financenews.one/2026/04/30/japan-airlines-to-trial-robots-at-tokyos-haneda-airport-to-load-baggage/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Fri, 01 May 2026 06:55:55 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
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		<category><![CDATA[Haneda]]></category>
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		<category><![CDATA[robots]]></category>
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		<category><![CDATA[Tokyo]]></category>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF-1536x864.jpeg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div>LOS ANGELES, CALIFORNIA &#8211; MARCH 7: A Japan Airlines Boeing 787 Dreamliner departs Los Angeles International Airport en route to Tokyo on March 7, 2026 in Los Angeles, California. (Photo by Kevin Carter/Getty Images) Kevin Carter &#124; Getty Images News &#124; Getty Images Japan Airlines began testing humanoid robots for ground operations at Tokyo&#8217;s Haneda Airport [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/04/108300416-1777603696313-gettyimages-2250743902-AFP_87VY3WF-1536x864.jpeg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>LOS ANGELES, CALIFORNIA &#8211; MARCH 7: A Japan Airlines Boeing 787 Dreamliner departs Los Angeles International Airport en route to Tokyo on March 7, 2026 in Los Angeles, California.  (Photo by Kevin Carter/Getty Images)</p>
<p>Kevin Carter | Getty Images News | Getty Images</p>
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<p>Japan Airlines began testing humanoid robots for ground operations at Tokyo&#8217;s Haneda Airport amid chronic labor shortages.</p>
<p>The airline is partnering with GMO AI &#038; Robotics to trial robots for tasks such as baggage loading and cabin cleaning starting in May, according to a joint <a rel="nofollow" href="https://press.jal.co.jp/en/release/202604/009502.html" target="_blank">statement</a> Monday.</p>
<p>The initiative comes as Japan&#8217;s aviation sector struggles with rising tourism demand and a shrinking workforce, driven by an aging population. </p>
<p>Japan Airlines said the humanoid robots are expected to be deployed progressively across Haneda Airport, with the trial lasting for two years.</p>
<p>In a video demonstration of the technology, a humanoid robot produced by China&#8217;s Unitree can be seen sliding a payload across a conveyor belt, waving to onlookers, and shaking a coworker&#8217;s hand. </p>
<p>Shares of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2"><a rel="nofollow" href="https://www.cnbc.com/quotes/9201.T-JP/">Japan Airlines</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> rose 3.4% in the first trading day of May, but were trading around 13% lower so far this year.</p>
<p>Unitree, one of China&#8217;s leading robotics firms, debuted its flagship H1 model in a <a rel="nofollow" href="https://www.cnbc.com/2026/02/20/china-humanoid-robots-spring-festival-gala-unitree-tesla-ai-race.html">Kung Fu demonstration</a> at China&#8217;s Spring Festival Gala in February to much fanfare.</p>
<p>It is, however, unclear whether Unitree is directly involved in the Haneda Airport trial or is part of a broader evaluation of commercially available humanoid technologies. In a response to CNBC&#8217;s queries, Japan Airlines said that &#8220;feasibility studies and risk assessments&#8221; were ongoing.</p>
<p>Unitree did not respond to CNBC&#8217;s requests for comment.</p>
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<p><iframe title=" " src="https://www.cnbc.com/appchart?symbol=9201.T-JP&#038;range=YTD&#038;type=mountain&#038;embedded=true&#038;$DEVICE$=undefined" height="460" scrolling="no" loading="lazy" style="border:0;width:100%"></iframe></p>
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<h2 class="ArticleBody-subtitle"><a rel="nofollow" id="headline0"/>Meeting demographic challenges</h2>
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<p>Analysts say demographic trends such as rapidly aging populations and lower fertility rates — typical of metropoles like Tokyo — are driving demand for humanoid robotics.</p>
<p>&#8220;Aging populations, labor shortages, and shifting worker preferences are opening the door for humanoids to take on essential – yet often undesirable – roles in manufacturing, logistics, agriculture, healthcare, and hospitality,&#8221; Barclays wrote in a January research note.</p>
<p>Japan&#8217;s working-age population is projected to decline by 31% from 2023 to 2060, according to an <a rel="nofollow" href="https://www.oecd.org/en/publications/oecd-employment-outlook-2025-country-notes_f91531f7-en/japan_7672bd00-en.html" target="_blank">employment outlook</a> by the Organization for Economic Co-operation and Development. Marc Einstein, research director from Counter Research, expects humanoid robots to play an increasing role in Japan&#8217;s workforce.</p>
<p>With Prime Minister <a rel="nofollow" href="https://www.cnbc.com/2026/02/07/sanae-takaichi-japan-snap-election.html">Sanae Takaichi&#8217;s</a> support base premised on tougher immigration policies, Einstein expects the government to &#8220;very much encourage the deployment of humanoids in Japan.&#8221;</p>
<p>In March, Japan&#8217;s Ministry of Economy, Trade and Industry <a rel="nofollow" href="https://www.meti.go.jp/shingikai/mono_info_service/ai_shakai_jisso/pdf/20260331_12.pdf" target="_blank">published guidelines</a> on the use of robotics and artificial intelligence to address workforce challenges, including &#8220;decreasing labor caused by a declining birthrate and aging population.&#8221;</p>
<p>Data from Japan&#8217;s National Tourism Organization showed international arrivals <a rel="nofollow" href="https://www.jnto.go.jp/en/news/20260415.pdf"...</a></p>
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<p><br />
<br />Read More: <a href="https://www.cnbc.com/2026/05/01/japan-airlines-humanoid-robots-haneda-labor-shortage.html">Japan Airlines to trial robots at Tokyo&#8217;s Haneda airport to load baggage</a></p>
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		<title>Crispr gene editing treatment from Intellia succeeds in Phase 3 trial</title>
		<link>https://financenews.one/2026/04/27/crispr-gene-editing-treatment-from-intellia-succeeds-in-phase-3-trial/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Mon, 27 Apr 2026 22:19:47 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Biomarin Pharmaceutical Inc]]></category>
		<category><![CDATA[Biotech and Pharmaceuticals]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[business news]]></category>
		<category><![CDATA[Crispr]]></category>
		<category><![CDATA[editing]]></category>
		<category><![CDATA[gene]]></category>
		<category><![CDATA[Health care industry]]></category>
		<category><![CDATA[Intellia]]></category>
		<category><![CDATA[Intellia Therapeutics Inc]]></category>
		<category><![CDATA[Pharmaceuticals]]></category>
		<category><![CDATA[Phase]]></category>
		<category><![CDATA[succeeds]]></category>
		<category><![CDATA[treatment]]></category>
		<category><![CDATA[trial]]></category>
		<category><![CDATA[Vertex Pharmaceuticals Inc]]></category>
		<guid isPermaLink="false">https://financenews.one/2026/04/27/crispr-gene-editing-treatment-from-intellia-succeeds-in-phase-3-trial/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651.jpg 1920w, https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651-768x432.jpg 768w, https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px" /></div>Intellia Therapeutics, building exterior and company sign, Cambridge, Massachusetts, USA. Spencer Grant &#124; Universal Images Group &#124; Getty Images Intellia Therapeutics said its Crispr-based treatment for a rare swelling condition met its goals in a late-stage trial, marking a milestone for the field of gene editing and putting the company on track to seek approval [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651.jpg 1920w, https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651-768x432.jpg 768w, https://financenews.one/wp-content/uploads/2026/04/108297272-1777175315110-108297272-1777131090837-gettyimages-2191224409-1010_14_ghi-spenj01651-1536x864.jpg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
</p>
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<p>Intellia Therapeutics, building exterior and company sign, Cambridge, Massachusetts, USA.</p>
<p>Spencer Grant | Universal Images Group | Getty Images</p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a rel="nofollow" href="https://www.cnbc.com/quotes/NTLA/">Intellia Therapeutics</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> said its Crispr-based treatment for a rare swelling condition met its goals in a late-stage trial, marking a milestone for the field of gene editing and putting the company on track to seek approval from the U.S. Food and Drug Administration. </p>
<p>The company&#8217;s treatment uses <a rel="nofollow" href="https://www.nobelprize.org/prizes/chemistry/2020/press-release/" target="_blank">Nobel Prize-winning technology</a> Crispr to edit DNA and turn off the gene that controls production of a peptide that&#8217;s overactive in people with hereditary angioedema, causing them to experience potentially life-threatening swelling attacks. Intellia&#8217;s treatment is administered once through an hourslong infusion, making the edits directly in the liver. </p>
<p>Intellia said the one-time treatment reduced attacks by 87% compared with a placebo, meeting the study&#8217;s main goal. Six months after treatment, 62% of patients were free from attacks and weren&#8217;t using other therapies, Intellia said.</p>
<p>The company described the safety and tolerability of the treatment as &#8220;favorable,&#8221; reporting the most common side effects were infusion-related reactions, headaches and fatigue. Analysts were closely watching safety in the trial since a patient in a separate trial of a different treatment from Intellia died. That patient developed a liver injury and ultimately died from septic shock following an ulcer, according to the company.</p>
<p>&#8220;When you think about where we started with Crispr, just 12 years ago with some of the fundamental insights, I think there was a lot of talk about what might be possible, and we&#8217;ve had reports along the way in terms of milestones, but this is the first Phase 3 data in any indication with in vivo Crispr where you&#8217;re actually changing a gene that causes disease,&#8221; said Intellia CEO John Leonard. </p>
<p>The only FDA-approved Crispr-based medicine comes from Vertex Pharmaceuticals. Called <a rel="nofollow" href="https://www.cnbc.com/2023/12/08/casgevy-first-crispr-gene-editing-treatment-approved-in-us.html">Casgevy</a>, the gene editing is done outside the body, or ex vivo. The process requires collecting a person&#8217;s blood cells, making the edits outside the body, then reinfusing them back into a patient. Intellia&#8217;s treatment, meanwhile, makes the edits inside the body, or in vivo.  </p>
<p>Intellia said it has started a rolling application with the FDA and plans to complete the filing in the second half of this year. The company expects to launch the treatment in the U.S. in the first half of next year, if it&#8217;s approved. </p>
<p>If approved, Intellia&#8217;s treatment, lonvoguran ziclumeran, will compete with about a dozen other chronic drugs for HAE. Despite the allure of a one-time treatment, genetic medicines haven&#8217;t always been a commercial successes. BioMarin withdrew its gene therapy for Hemophilia A because of weak sales, for example. </p>
<p>Leonard said there are important differences between the two, like the fact that BioMarin&#8217;s therapy faced questions about how long the effects would last. In contrast, he said Intellia hasn&#8217;t seen a single case in almost six years where&#8230;</p>
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<p><br />
<br />Read More: <a href="https://www.cnbc.com/2026/04/27/crispr-gene-editing-intellia-trial.html">Crispr gene editing treatment from Intellia succeeds in Phase 3 trial</a></p>
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		<title>Jury selection kicks off in Musk v. Altman trial</title>
		<link>https://financenews.one/2026/04/27/jury-selection-kicks-off-in-musk-v-altman-trial/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Mon, 27 Apr 2026 21:18:48 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Altman]]></category>
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		<category><![CDATA[Elon Musk]]></category>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>A combination image shows Sam Altman, CEO of OpenAI, during the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., on November 16, 2023 and Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter during Viva Technology conference dedicated to innovation and startups at the [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/04/108297714-17773046912026-04-27t154305z_1964669647_rc2rxka9pguy_rtrmadp_0_musk-openai-court-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>A combination image shows Sam Altman, CEO of OpenAI, during the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., on November 16, 2023 and Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter during Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. </p>
<p>Carlos Barria | Gonzalo Fuentes | Reuters</p>
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<p>Jury selection is beginning in the high-stakes <a rel="nofollow" href="https://www.cnbc.com/2026/04/24/musk-v-altman-trial-openai-lawsuit-xai.html">legal battle</a> between longtime friends turned rivals <a rel="nofollow" href="https://www.cnbc.com/elon-musk/">Elon Musk</a> and <a rel="nofollow" href="https://www.cnbc.com/sam-altman/">Sam Altman</a> at a federal courthouse in Oakland, California.  </p>
<p>Judge Yvonne Gonzalez Rogers is overseeing the proceedings, starting Monday, between the world&#8217;s richest person and the CEO of <a rel="nofollow" href="https://www.cnbc.com/2026/04/25/ai-talent-wars-enterprise-software-executives-openai.html">OpenAI</a>. Nine jurors will be seated and there will be no alternates, according to <a rel="nofollow" href="https://storage.courtlistener.com/recap/gov.uscourts.cand.433688/gov.uscourts.cand.433688.446.0.pdf" target="_blank">a March filing</a>. CNBC is in the courtroom for the proceedings. </p>
<p><a rel="nofollow" href="https://storage.courtlistener.com/recap/gov.uscourts.cand.433688/gov.uscourts.cand.433688.32.0_1.pdf" target="_blank">Musk</a>, who co-founded OpenAI in 2015, <a rel="nofollow" href="https://storage.courtlistener.com/recap/gov.uscourts.cand.433688/gov.uscourts.cand.433688.32.0_1.pdf" target="_blank">sued</a> the company, Altman and Greg Brockman, OpenAI&#8217;s president, in 2024, alleging they reneged on their commitments to keep the <a rel="nofollow" href="https://www.cnbc.com/ai-artificial-intelligence/">artificial intelligence</a> lab a nonprofit and follow its charitable mission. OpenAI has repeatedly dismissed Musk&#8217;s lawsuit as <a rel="nofollow" href="https://www.cnbc.com/2026/01/08/musk-openai-altman-lawsuit-trial.html">&#8220;baseless.&#8221;</a> Musk left OpenAI&#8217;s board in 2018, and five years later started <a rel="nofollow" href="https://www.cnbc.com/2026/03/13/elon-musk-xai-co-founders-spacex-ipo.html">xAI</a> as a rival, merging that company with SpaceX earlier this year. </p>
<p>Musk has sought a number of different remedies over the course of the case, <a rel="nofollow" href="https://www.cnbc.com/2026/04/07/elon-musk-seeks-ouster-of-openai-ceo-sam-altman-as-part-of-lawsuit.html">including the removal</a> of Altman and Brockman from their roles at OpenAI. Musk&#8217;s lawyers said in January that he should receive <a rel="nofollow" href="https://storage.courtlistener.com/recap/gov.uscourts.cand.433688/gov.uscourts.cand.433688.392.0_2.pdf" target="_blank">up to $134 billion</a> in &#8220;wrongful gains,&#8221; though he has since asked to funnel those funds back into the OpenAI charity. </p>
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<p>Gonzalez Rogers opted to <a rel="nofollow" href="https://storage.courtlistener.com/recap/gov.uscourts.cand.433688/gov.uscourts.cand.433688.477.0_3.pdf" target="_blank">divide the trial into two parts</a>: a liability phase to decide if any wrongdoing occurred, and a remedies phase to determine the appropriate damages and next steps. The jury will weigh in during the liability phase only, and its verdict will be advisory, which means Gonzalez Rogers will make the final decision in both sections of the trial. </p>
<p>The liability phase of the trial is expected to wrap up by May 21, Gonzalez Rogers said Monday. </p>
<p>Gonzalez Rogers started the proceedings by welcoming the prospective jurors to the courtroom. She cracked some jokes as she explained the case laid out the trial&#8217;s schedule. She then began asking prospective jurors questions, including their opinions on Musk and AI.</p>
<p>Altman and Brockman were in the courtroom on Monday. </p>
<p>Musk alleges in his lawsuit that he was &#8220;assiduously manipulated&#8221; and &#8220;deceived&#8221; by OpenAI, Altman and Brockman and their promises to &#8220;chart a safer, more open course than profit-driven tech giants.&#8221; He has asked the judge to consider unwinding the company&#8217;s <a rel="nofollow" href="https://www.cnbc.com/2025/10/28/open-ai-for-profit-microsoft.html">recent restructuring</a>, which cemented its structure as a nonprofit with a controlling stake in its for-profit business.</p>
<p>Musk and Altman have been in a public war of words for months leading up to the trial. That continued on Monday, with Musk writing in a <a rel="nofollow" href="https://x.com/elonmusk/status/2048801964457140540?s=20" target="_blank">post on X</a>, &#8220;Scam Altman and Greg&#8230;</p>
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<p><br />
<br />Read More: <a href="https://www.cnbc.com/2026/04/27/musk-altman-trial-openai-jury-selection.html">Jury selection kicks off in Musk v. Altman trial</a></p>
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		<title>Musk&#8217;s OpenAI lawsuit goes to trial as jury selection begins in Oakland</title>
		<link>https://financenews.one/2026/04/27/musks-openai-lawsuit-goes-to-trial-as-jury-selection-begins-in-oakland/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Mon, 27 Apr 2026 17:41:46 +0000</pubDate>
				<category><![CDATA[industry]]></category>
		<category><![CDATA[begins]]></category>
		<category><![CDATA[jury]]></category>
		<category><![CDATA[Lawsuit]]></category>
		<category><![CDATA[Musks]]></category>
		<category><![CDATA[Oakland]]></category>
		<category><![CDATA[OpenAI]]></category>
		<category><![CDATA[selection]]></category>
		<category><![CDATA[trial]]></category>
		<guid isPermaLink="false">https://financenews.one/2026/04/27/musks-openai-lawsuit-goes-to-trial-as-jury-selection-begins-in-oakland/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://financenews.one/wp-content/uploads/2026/04/elon_musk.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/04/elon_musk.png 1280w, https://financenews.one/wp-content/uploads/2026/04/elon_musk-300x169.png 300w, https://financenews.one/wp-content/uploads/2026/04/elon_musk-1024x576.png 1024w, https://financenews.one/wp-content/uploads/2026/04/elon_musk-768x432.png 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div>Sierra co-founder and CEO Bret Taylor discusses the first level 1 PCI-compliant payment capability for AI agents on The Claman Countdown. Elon Musk&#8217;s lawsuit claiming that OpenAI violated its mission as a nonprofit organization moves to trial on Monday as jury selection gets underway in a federal court in Oakland, California. Musk was a co-founder [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://financenews.one/wp-content/uploads/2026/04/elon_musk.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/04/elon_musk.png 1280w, https://financenews.one/wp-content/uploads/2026/04/elon_musk-300x169.png 300w, https://financenews.one/wp-content/uploads/2026/04/elon_musk-1024x576.png 1024w, https://financenews.one/wp-content/uploads/2026/04/elon_musk-768x432.png 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div><p> <br />
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<p>Sierra co-founder and CEO Bret Taylor discusses the first level 1 PCI-compliant payment capability for AI agents on The Claman Countdown.</p>
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<p><a rel="nofollow" href="https://www.foxbusiness.com/category/elon-musk" target="_blank" rel="noopener"><u>Elon Musk&#8217;s</u></a> lawsuit claiming that OpenAI violated its mission as a nonprofit organization moves to trial on Monday as jury selection gets underway in a federal court in Oakland, California.</p>
<p>Musk was a co-founder of OpenAI in 2015, but left the <a rel="nofollow" href="https://www.foxbusiness.com/category/artificial-intelligence" target="_blank" rel="noopener"><u>artificial intelligence (AI)</u></a> startup in 2018 after he was unable to persuade its other leaders to have OpenAI merge with Tesla or create a for-profit entity led by him to attract the investment needed to meet the company&#8217;s technological needs.</p>
<p>Musk&#8217;s lawsuit against OpenAI claims that the company violated its founding mission as a nonprofit to develop AI for the benefit of humanity by creating a for-profit entity in 2019.</p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/343/192/elon_musk.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/686/384/elon_musk.png?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/672/378/elon_musk.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/1344/756/elon_musk.png?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/931/523/elon_musk.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/1862/1046/elon_musk.png?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/720/405/elon_musk.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/1440/810/elon_musk.png?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/931/523/elon_musk.png?ve=1&#038;tl=1" alt="Elon Musk at the World Economic Forum"/></source></source></source></source></picture></div>
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<p><span>Elon Musk&#8217;s lawsuit against OpenAI is heading to trial this week, as he seeks over $150 billion in damages as well as the removal of Sam Altman.</span><span> (Fabrice Coffrini/AFP via Getty Images)</span></p>
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<p>His suit seeks the removal of OpenAI CEO <a rel="nofollow" href="https://www.foxbusiness.com/category/business-leaders" target="_blank" rel="noopener"><u>Sam Altman</u></a> and President Greg Brockman, as well as more than $150 billion in damages from OpenAI and Microsoft, which Musk has said he would provide to OpenAI&#8217;s nonprofit entity. Altman and Brockman were among OpenAI&#8217;s co-founders.</p>
<p>OpenAI is countering Musk&#8217;s claims by noting that the Tesla CEO pursued a merger with OpenAI and was involved with discussions about creating a for-profit entity for the company before his departure from its board of directors. They also view the suit as a tactic to boost his own AI startup, xAI, as a competitor to OpenAI.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/fox-news-tech/openais-nonprofit-parent-company-secures-100b-equity-stake-retaining-control-ai-giant" target="_blank" rel="noopener"><strong><u>OPENAI&#8217;S NONPROFIT PARENT COMPANY SECURES $100B EQUITY STAKE WHILE RETAINING CONTROL OF AI GIANT</u></strong></a></p>
<p>The company&#8217;s 2019 creation of a for-profit entity governed by OpenAI&#8217;s nonprofit arm allowed the company to raise money from investors to scale up its computing capacity to facilitate AI research, which helped spur the <a rel="nofollow" href="https://www.foxbusiness.com/category/chatgpt" target="_blank" rel="noopener"><u>launch of ChatGPT</u></a> in late 2022.</p>
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<th class="ticker">Ticker</th>
<th class="security">Security</th>
<th class="last">Last</th>
<th class="change">Change</th>
<th class="percent">Change %</th>
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<td class="ticker"><a rel="nofollow" href="https://www.foxbusiness.com/quote?stockTicker=TSLA">TSLA</a></td>
<td class="security">TESLA INC.</td>
<td class="last">376.30</td>
<td class="change pos">+2.58</td>
<td class="percent pos">
        +0.69%
      </td>
</tr>
<tr>
<td class="ticker"><a rel="nofollow" href="https://www.foxbusiness.com/quote?stockTicker=MSFT">MSFT</a></td>
<td class="security">MICROSOFT CORP.</td>
<td class="last">424.62</td>
<td class="change pos">+8.87</td>
<td class="percent pos">
        +2.13%
      </td>
</tr>
<tr/></tbody>
</table>
<p><a rel="nofollow" href="https://www.foxbusiness.com/category/tech" target="_blank" rel="noopener"><u>OpenAI restructured</u></a> again last fall, transitioning into a public benefit corporation in which its nonprofit arm as well as its other investors, including Microsoft, hold stakes. The nonprofit arm has a 26% stake with additional warrants if OpenAI&#8217;s valuation hits certain targets.</p>
<p>Musk&#8217;s legal team arrived at its estimate of damages owed to him by OpenAI by multiplying its valuation and a portion of the nonprofit&#8217;s stake that could be attributed to his contributions, claiming that between 50% and 75% of the OpenAI nonprofit&#8217;s stake can be attributed to him.</p>
<p>&#8220;Never before has a corporation gone from tax-exempt charity to a $157 billion for-profit, market-paralyzing gorgon – and in just eight years. Never before has it happened, because doing so violates almost every principle of law governing economic activity,&#8221; Musk&#8217;s suit claims.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/technology/altman-calls-musks-space-data-center-plans-ridiculous-current-ai-computing-needs" target="_blank" rel="noopener"><strong><u>ALTMAN CALLS MUSK&#8217;S SPACE DATA CENTER PLANS &#8216;RIDICULOUS&#8217; FOR&#8230;</u></strong></a></p>
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<p><br />
<br />Read More: <a href="https://www.foxbusiness.com/technology/tech-titans-elon-musk-sam-altman-head-court-trial-over-openai-what-know">Musk&#8217;s OpenAI lawsuit goes to trial as jury selection begins in Oakland</a></p>
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		<title>AstraZeneca stock jumps 4% after surprise lung disease trial win</title>
		<link>https://financenews.one/2026/03/27/astrazeneca-stock-jumps-4-after-surprise-lung-disease-trial-win/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Fri, 27 Mar 2026 13:18:14 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[AstraZeneca]]></category>
		<category><![CDATA[AstraZeneca PLC]]></category>
		<category><![CDATA[Breaking News: Markets]]></category>
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		<category><![CDATA[jumps]]></category>
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		<guid isPermaLink="false">https://financenews.one/2026/03/27/astrazeneca-stock-jumps-4-after-surprise-lung-disease-trial-win/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>AstraZeneca&#8216;s stock jumped as much as 4% after Britain&#8217;s most valuable company said its experimental lung disease medicine met its target in two late-stage clinical trials. The respiratory treatment Tozorakimab, reduced flare-ups of chronic obstructive pulmonary disease in both former smokers and in the overall population versus placebo, the company said. &#8220;This marks a notable [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/03/108198691-1757936194403-gettyimages-2221649488-Astrazeneca_Office_Building_in_Shanghai-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a rel="nofollow" href="https://www.cnbc.com/quotes/AZN-GB/">AstraZeneca</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span>&#8216;s stock jumped as much as 4% after Britain&#8217;s most valuable company said its experimental lung disease medicine met its target in two late-stage clinical trials. </p>
<p>The respiratory treatment Tozorakimab, reduced flare-ups of chronic obstructive pulmonary disease in both former smokers and in the overall population versus placebo, the company said.</p>
<p>&#8220;This marks a notable shift in sentiment, given limited conviction in the IL-33 mechanism following prior IL-33 failures from <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2"><a rel="nofollow" href="https://www.cnbc.com/quotes/SAN-FR/">Sanofi</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3"><a rel="nofollow" href="https://www.cnbc.com/quotes/ROG-CH/">Roche</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span>,&#8221; said Jefferies analysts.</p>
<p>Tozorakimab and rival drugs belong to a class of treatments called monoclonal antibodies. They work ​by suppressing the action ⁠of the protein interleukin-33 (IL-33) and can reduce inflammation.</p>
<p>London-listed shares were last seen up 3.5% in midday trading, contrasting with the UK&#8217;s <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4"><a rel="nofollow" href="https://www.cnbc.com/quotes/.FTSE/">FTSE 100</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> index which fell 0.6%.</p>
<p><em><strong>This is a breaking news story. Please refresh for updates.</strong></em></p>
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<br />Read More: <a href="https://www.cnbc.com/2026/03/27/astrazeneca-stock-az-trial-lung-drug-shares-tozorakimab.html">AstraZeneca stock jumps 4% after surprise lung disease trial win</a></p>
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		<title>Jury reaches verdict in blockbuster Meta, YouTube social media trial</title>
		<link>https://financenews.one/2026/03/25/jury-reaches-verdict-in-blockbuster-meta-youtube-social-media-trial/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Wed, 25 Mar 2026 17:33:21 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman &#124; Anadolu &#124; Getty Images A jury in Los Angeles determined on Wednesday that Meta and Google were negligent and failed [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/03/108267283-1771506323326-gettyimages-2261841633-AA_19022026_2660817-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026.</p>
<p>Jon Putman | Anadolu | Getty Images</p>
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<p>A jury in Los Angeles determined on Wednesday that <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a rel="nofollow" href="https://www.cnbc.com/quotes/META/">Meta</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2"><a rel="nofollow" href="https://www.cnbc.com/quotes/GOOGL/">Google</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> were negligent and failed to warn users of the dangers associated with using their platforms, in a case that could have repercussions across the social media and the broader technology market.</p>
<p>The personal injury trial <a rel="nofollow" href="https://www.cnbc.com/2026/01/27/blockbuster-social-media-trial-kicks-off-with-more-to-come-this-year.html">commenced</a> in late January in Los Angeles Superior Court. A young woman identified as K.G.M., or Kaley, alleged that she became addicted to apps like Instagram and YouTube as a child. Deliberations began Friday, March 13.</p>
<p>Jurors ultimately ruled in favor of the plaintiff, who claimed that Meta and YouTube&#8217;s negligence played a &#8220;substantial factor&#8221; in causing mental health-related harms. </p>
<p>It&#8217;s one of several trials taking place this year that experts have characterized as the social media industry&#8217;s &#8220;Big Tobacco&#8221; moment, comparing it the 1990s, when tobacco companies were forced to pay billions of dollars for lying to the public about the safety and potential harms of their products. </p>
<p>On Tuesday, jurors in Santa Fe, New Mexico found that Meta willfully violated the state&#8217;s unfair practices after Attorney General Raúl Torrez <a rel="nofollow" href="https://www.cnbc.com/2026/02/20/meta-apple-child-safety-zuckerberg-cook.html">alleged</a> that the company failed to properly safeguard its apps from online predators targeting children. Meta was ordered to pay $375 million in damages based on the number of violations. The company said that it would appeal the case. </p>
<p>The New Mexico case is separate from other <a rel="nofollow" href="https://www.cnbc.com/2023/10/24/metas-harmful-effects-on-children-unites-republicans-and-democrats.html">social media lawsuits</a> that state attorneys general have brought against <a rel="nofollow" href="https://www.cnbc.com/2024/10/09/tiktoks-casino-like-virtual-currency-harms-children-dc-ag-alleges.html">companies</a> including Meta and TikTok.</p>
<p>During the six-week trial in L.A., jury members were tasked with determining whether Meta and YouTube implemented certain design features in their apps like recommendation algorithms and auto-play that contributed to K.G.M.&#8217;s crippling, mental distress. The 20-year-old woman alleged that she suffered from severe body dysmorphia, depression and suicidal thoughts due to her near-constant use of the apps and the constant notifications that made it difficult for her to stop.</p>
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<p>Meta and YouTube denied the plaintiff&#8217;s claims, and said they take safety and health concerns seriously and have implemented features intended to minimize potential harms. Attorneys representing the tech giants alleged that K.G.M.&#8217;s mental health problems stemmed from a turbulent childhood and related family issues, and that she used the services as a way to cope with trauma.  </p>
<p>The court chose the plaintiff&#8217;s case as a bellwether to help determine verdicts in similar and connected litigation throughout the state of California under so-called Judicial Council Coordination Proceedings. Although TikTok and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-7"><a rel="nofollow" href="https://www.cnbc.com/quotes/SNAP/">Snap</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> were originally part of the case, they<a rel="nofollow" href="https://www.cnbc.com/2026/01/27/tiktok-settlement-social-media-addiction-meta-youtube.html"> settled</a> with the plaintiff before the trial began, and are still involved in other legal proceedings.</p>
<p>A federal trial is set&#8230;</p>
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<p><br />
<br />Read More: <a href="https://www.cnbc.com/2026/03/25/meta-youtube-los-angeles-california-verdict.html">Jury reaches verdict in blockbuster Meta, YouTube social media trial</a></p>
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		<title>Pfizer Lyme disease vaccine fails trial, company to seek FDA approval</title>
		<link>https://financenews.one/2026/03/23/pfizer-lyme-disease-vaccine-fails-trial-company-to-seek-fda-approval/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Mon, 23 Mar 2026 17:16:04 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>Thomas Fuller &#124; Nurphoto &#124; Getty Images Pfizer on Monday said it will seek regulatory approval for a Lyme disease vaccine candidate despite the shot failing a late-stage trial. Pfizer said the vaccine missed the trial&#8217;s statistical goal because not enough people in the study contracted Lyme disease to be confident in the results. Still, [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/03/108281505-1774271064379-gettyimages-2259301000-fuller-notitle260203_nprS3-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>Thomas Fuller | Nurphoto | Getty Images</p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a rel="nofollow" href="https://www.cnbc.com/quotes/PFE/">Pfizer</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> on Monday said it will seek regulatory approval for a Lyme disease vaccine candidate despite the shot failing a late-stage trial. </p>
<p>Pfizer said the vaccine missed the trial&#8217;s statistical goal because not enough people in the study contracted Lyme disease to be confident in the results. Still, the company said the shot reduced the rate of infection by more than 70% in people who received the vaccine versus placebo, efficacy the company thinks is strong enough to take to regulators. </p>
<p>&#8220;The efficacy shown in the VALOR study of more than 70% is highly encouraging and creates confidence in the vaccine&#8217;s potential to protect against this disease that can be debilitating,&#8221; Pfizer Chief Vaccines Officer Annaliesa Anderson said in a statement. </p>
<p>A vaccine for Lyme disease isn&#8217;t expected to become a best-seller for Pfizer, with the company&#8217;s partner Valneva estimating peak annual sales of $1 billion. Pfizer expects overall revenue of around $60 billion this year, with its Covid-19 vaccine representing more than $5 billion of that forecast. </p>
<p>But Pfizer had billed the Lyme vaccine results as one of its major catalysts this year, and it represented a chance to introduce the only human vaccine for Lyme disease. </p>
<p>Moving forward with a shot that technically failed a clinical trial under an administration that has preached stricter scrutiny for vaccines may prove risky for Pfizer, and it could serve as a litmus test for vaccine policy in the U.S. </p>
<p>Lyme disease is an illness caused by bacteria most commonly spread to humans from ticks. It can cause arthritis, muscle weakness and pain. About half a million Americans are diagnosed with or treated for Lyme disease every year, according to <a rel="nofollow" href="https://www.cdc.gov/lyme/data-research/facts-stats/index.html" target="_blank">estimates</a> from the Centers for Disease Control and Prevention. </p>
<p>Despite the disease&#8217;s prevalence, especially in the Northeast, there isn&#8217;t a vaccine for humans available. A company that would later become <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3"><a rel="nofollow" href="https://www.cnbc.com/quotes/GSK/">GSK</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> introduced a shot called LYMErix in 1998 but pulled it only a few years later after public concerns about safety tanked demand. That experience hobbled development of Lyme vaccines for humans, though multiple companies now make them for dogs. </p>
<p>Pfizer and Valneva have faced their own setbacks. In 2023, the companies <a rel="nofollow" href="https://www.pfizer.com/news/announcements/pfizer-and-valneva-issue-update-phase-3-clinical-trial-evaluating-lyme-disease" target="_blank">dropped</a> about half of the participants in the Phase 3 trial because of quality concerns with third-party clinical trial site operator Care Access. The trial had initially enrolled about 18,000 people and after the cuts ended up with about 9,400. </p>
<p>The companies&#8217; vaccine targets the outer surface protein A of the bacteria that cause Lyme disease. A vaccinated person creates antibodies that are passed to a tick and prevent the bacterium from being transferred from the tick to the human. The series involves three shots in the first year, then a booster dose the following year. </p>
<p>The companies said they didn&#8217;t observe any safety concerns in the trial. </p>
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<br />Read More: <a href="https://www.cnbc.com/2026/03/23/pfizer-lyme-disease-vaccine-trial-fda-approval.html">Pfizer Lyme disease vaccine fails trial, company to seek FDA approval</a></p>
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		<title>Eli Lilly’s obesity drug retatrutide clears late-stage diabetes trial</title>
		<link>https://financenews.one/2026/03/19/eli-lillys-obesity-drug-retatrutide-clears-late-stage-diabetes-trial/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 06:12:05 +0000</pubDate>
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		<guid isPermaLink="false">https://financenews.one/2026/03/19/eli-lillys-obesity-drug-retatrutide-clears-late-stage-diabetes-trial/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks.jpg 1920w, https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks-768x432.jpg 768w, https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks-1536x864.jpg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>The Eli Lilly logo appears on the company’s office in San Diego, California, U.S., Nov. 21, 2025. Mike Blake &#124; Reuters Eli Lilly on Thursday said its next-generation obesity drug retatrutide cleared its first late-stage trial on Type 2 diabetes patients, helping them manage their blood sugar levels and lose weight.  The drug lowered hemoglobin [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks.jpg 1920w, https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks-300x169.jpg 300w, https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks-1024x576.jpg 1024w, https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks-768x432.jpg 768w, https://financenews.one/wp-content/uploads/2026/03/108230176-1764603822722-108230176-17637559702025-11-21t201158z_1546648356_rc261iafo6zz_rtrmadp_0_lilly-stocks-1536x864.jpg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>The Eli Lilly logo appears on the company’s office in San Diego, California, U.S., Nov. 21, 2025.</p>
<p>Mike Blake | Reuters</p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a rel="nofollow" href="https://www.cnbc.com/quotes/LLY/">Eli Lilly</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> on Thursday said its <a rel="nofollow" href="https://www.cnbc.com/2025/12/11/eli-lillys-weight-loss-drug-retatrutide-clears-first-late-stage-study.html">next-generation obesity drug</a> retatrutide cleared its first late-stage trial on Type 2 diabetes patients, helping them manage their blood sugar levels and lose weight. </p>
<p>The drug lowered hemoglobin A1c — a key measure of blood sugar levels — by an average of 1.7% to 2% across different doses at 40 weeks compared with placebo, meeting the study&#8217;s main goal. Patients started the trial with an A1c in the range of 7% to 9.5%, and were not taking other diabetes medications. </p>
<p>Retatrutide also met the study&#8217;s second goal, helping patients at the highest dose lose an average of 16.8% of their weight, or 36.6 pounds, at 40 weeks, when evaluating only patients who stayed on the drug. When analyzing all participants, including those who discontinued treatment, the highest dose of the drug helped patients lose 15.3% of their weight.</p>
<p>Patients with Type 2 diabetes historically struggle to lose weight, so Lilly is &#8220;very excited&#8221; to see that the drug led to both a competitive drop in blood sugar levels and significant weight loss, Ken Custer, president of Lilly Cardiometabolic Health, said in an interview. </p>
<p>The company was also &#8220;very pleased&#8221; with the relatively low discontinuation rates due to side effects, which were up to 5%, he added.</p>
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<h2 class="RelatedContent-header">More CNBC health coverage</h2>
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<p>They are the <a rel="nofollow" href="https://www.cnbc.com/2025/12/11/eli-lillys-weight-loss-drug-retatrutide-clears-first-late-stage-study.html">second late-stage results</a> to date on retatrutide, which works differently from existing injections and appears to be more effective, at least for weight loss. Lilly is betting big on retatrutide as the <a rel="nofollow" href="https://www.cnbc.com/2025/02/20/eli-lilly-dan-skovronsky-discusses-weight-loss-drugs.html">next pillar of its obesity portfolio</a> after its blockbuster weight loss injection Zepbound and its upcoming pill, orforglipron. </p>
<p>But Lilly has yet to file for approval of the drug for obesity or diabetes. The company expects to report findings from seven additional phase three trials on the drug by the end of the year. </p>
<p>There are no head-to-head trials of retatrutide against other drugs, making it difficult to directly compare efficacy. </p>
<p>Still, retatrutide&#8217;s A1C reduction doesn&#8217;t appear to be the greatest Lilly has seen within its portfolio: The highest dose of Zepbound lowered the measure by more than 2% at 40 weeks in<a rel="nofollow" href="https://investor.lilly.com/news-releases/news-release-details/lillys-surpass-1-results-published-lancet-show-tirzepatides" target="_blank"> two separate</a> trials on diabetes patients. </p>
<p>But Custer said retatrutide&#8217;s A1C reduction is still &#8220;very, very strong&#8221; compared with other diabetes medications that don&#8217;t target gut hormones. </p>
<p>He also said that having options in the obesity and diabetes space will be important because &#8220;not everybody is going to be helped with or satisfied with the same treatment.&#8221; Choosing which drug to take will depend on &#8220;individualized tailoring of solutions and patients,&#8221; particularly earlier in their diabetes treatment, he added. </p>
<p>For example, Custer said patients who want to regulate their blood sugar could benefit from either Zepbound or retatrutide. But if they are looking to lose more weight, the latter might be a better option, he said&#8230;.</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/03/19/eli-lillys-obesity-drug-retatrutide-clears-late-stage-diabetes-trial.html">Eli Lilly’s obesity drug retatrutide clears late-stage diabetes trial</a></p>
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		<title>Zealand stock falls 35% after trial setback, CEO remains optimistic</title>
		<link>https://financenews.one/2026/03/06/zealand-stock-falls-35-after-trial-setback-ceo-remains-optimistic/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Fri, 06 Mar 2026 18:23:35 +0000</pubDate>
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		<guid isPermaLink="false">https://financenews.one/2026/03/06/zealand-stock-falls-35-after-trial-setback-ceo-remains-optimistic/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div>Wegovy is produced by pharmaceutical company Novo Nordisk and has been approved for specifically for chronic weight management in adults and adolescents. (Photo by Steve Christo &#8211; Corbis/Corbis via Getty Images) Steve Christo &#8211; Corbis &#124; Corbis News &#124; Getty Images The chief executive of drugmaker Zealand Pharma sought to calm investors about the latest [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1920" height="1080" src="https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053.jpeg 1920w, https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053-300x169.jpeg 300w, https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053-1024x576.jpeg 1024w, https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053-768x432.jpeg 768w, https://financenews.one/wp-content/uploads/2026/03/108274720-1772799977851-gettyimages-2185287957-20241117-christo-wegovy-1053-1536x864.jpeg 1536w" sizes="auto, (max-width: 1920px) 100vw, 1920px" /></div><p> <br />
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<p>Wegovy is produced by pharmaceutical company Novo Nordisk and has been approved for specifically for chronic weight management in adults and adolescents. (Photo by Steve Christo &#8211; Corbis/Corbis via Getty Images)</p>
<p>Steve Christo &#8211; Corbis | Corbis News | Getty Images</p>
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<p>The chief executive of drugmaker Zealand Pharma sought to calm investors about the latest trial results, which showed patients lost less weight than expected and prompted the stock to fall more than 35%.</p>
<p>Speaking to CNBC, CEO Adam Steensberg criticized what he called the &#8220;weight loss Olympics,&#8221; where markets and companies focus too heavily on the amount of weight lost, rather than on factors such as staying on the medicine long-term and dealing with side effects.</p>
<p>The world doesn&#8217;t need these products that amount to very high rates of weight loss, he said, referring to medicines developed by <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1"><a rel="nofollow" href="https://www.cnbc.com/quotes/NVO/">Novo Nordisk</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2"><a rel="nofollow" href="https://www.cnbc.com/quotes/LLY/">Eli Lilly</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span>. The latest trial had also not been optimized for maximum weight loss, he added. </p>
<p>&#8220;I need to focus on what the patients need, not what the current market like to see,&#8221; Steensberg said. &#8220;We have for a long time called to end the weight loss Olympics.&#8221;</p>
<p>Zealand is developing the drug petrelintide in partnership with Swiss pharma heavyweight <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3"><a rel="nofollow" href="https://www.cnbc.com/quotes/ROG-CH/">Roche</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span>. Mid-stage trial results released after the closing bell on Thursday showed the drug led to an average weight reduction of 10.7% over 42 weeks. Analysts had largely expected between 13% and 20% weight loss. </p>
<p>Shares of Zealand were last seen trading 35% lower, on track for their worst day ever and the lowest close since August 2023. Shares of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4"><a rel="nofollow" href="https://www.cnbc.com/quotes/ROG-CH/">Roche</a><span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"/></button></span></span></span> fell 3%.</p>
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<p>Addressing weight maintenance, rather than losing the most amount of weight quickly, has emerged as a way for companies to differentiate themselves as they try to enter the lucrative weight-loss drug market, which has been estimated to be worth as much as $150 billion by 2030.</p>
<p>Steensberg said he was &#8220;extremely certain&#8221; there would be a shift in the industry &#8220;towards tolerability,&#8221; referring to how well patients can cope with side effects of the medications.</p>
<p>&#8220;I think very, very soon, people start to realize that it&#8217;s not about that weight loss number, it&#8217;s about how you achieve that weight loss number.&#8221;</p>
<p>&#8220;If you then look into real world, you will actually discover that most patients who are on treatment today with the current products never get to those numbers that we see in clinical studies,&#8221; because &#8220;in a real-world setting, people cannot tolerate it,&#8221; he said, referring to Novo Nordisk&#8217;s and Eli Lilly&#8217;s drugs already on the market.</p>
<p>Petrelintide is an amylin analog that targets a hormone produced in the pancreas that affects appetite and slows gastric emptying, rather than the GLP-1 or GIP gut hormones targeted by weight-loss treatments currently on the market, such as Novo&#8217;s Wegovy and Lilly&#8217;s Zepbound.</p>
<p>A majority of patients on Novo&#8217;s Wegovy experience <a rel="nofollow" href="https://www.novonordiskmedical.com/content/dam/medical/novonordiskmedical/ta/obesity/pharmacotherapies/resource-documents/intro-to-step-program-phase-3-chronic-weight-mgmt-studies.pdf" target="_blank">some form of side effects</a>, most commonly gastrointestinal, such as nausea, diarrhea, and vomiting. Most are mild to moderate and&#8230;</p>
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<br />Read More: <a href="https://www.cnbc.com/2026/03/06/zealand-stock-zela-roche-trial-weight-loss-ceo-novo-glp1.html">Zealand stock falls 35% after trial setback, CEO remains optimistic</a></p>
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		<title>Social media trial judge blocks Meta from introducing plaintiff’s</title>
		<link>https://financenews.one/2026/03/06/social-media-trial-judge-blocks-meta-from-introducing-plaintiffs/</link>
		
		<dc:creator><![CDATA[Finance News]]></dc:creator>
		<pubDate>Fri, 06 Mar 2026 16:46:19 +0000</pubDate>
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		<guid isPermaLink="false">https://financenews.one/2026/03/06/social-media-trial-judge-blocks-meta-from-introducing-plaintiffs/</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court.png 1280w, https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court-300x169.png 300w, https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court-1024x576.png 1024w, https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court-768x432.png 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div>&#8216;The Big Money Show&#8217; panel reacts to Meta’s new child safety alerts as social media companies face mounting scrutiny in court over teen mental health claims. The judge in the bellwether social media trial in Los Angeles barred Meta’s defense from introducing a document where the plaintiff said she had suffered &#8220;sexual abuse during childhood.&#8221; [&#8230;]]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court.png 1280w, https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court-300x169.png 300w, https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court-1024x576.png 1024w, https://financenews.one/wp-content/uploads/2026/03/mark-zuckerberg-meta-ceo-la-court-768x432.png 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div><p> <br />
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<p>&#8216;The Big Money Show&#8217; panel reacts to Meta’s new child safety alerts as social media companies face mounting scrutiny in court over teen mental health claims.</p>
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<p>The judge in the bellwether <a rel="nofollow" href="https://www.foxbusiness.com/category/social-media" target="_blank" rel="noopener">social media</a> trial in Los Angeles barred Meta’s defense from introducing a document where the plaintiff said she had suffered &#8220;sexual abuse during childhood.&#8221;</p>
<p>The exchange happened after the jury and plaintiff’s witness, psychiatrist Dr. Kara Bagot, were dismissed for the day. Meta lawyer Paul Schmidt took to the lectern to ask Judge Carolyn Kuhl about an exhibit he wanted to introduce to the court.</p>
<p>The document was a <a rel="nofollow" href="https://www.foxbusiness.com/category/home-mortgage" target="_blank" rel="noopener">housing application</a> from the plaintiff, a 20-year-old female identified in court as Kaley G.M. She had filled the application out after her mom evicted her from their shared home. When asked in the application if she had suffered any &#8220;traumatic circumstances or events&#8221; in her life, she wrote: &#8220;exposure to neglect, emotional, physical and sexual abuse during childhood.&#8221;</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/politics/mark-zuckerberg-faces-jury-landmark-trial-over-alleged-youth-harm-linked-social-media" target="_blank" rel="noopener"><strong>MARK ZUCKERBERG FACES JURY IN LANDMARK TRIAL OVER ALLEGED YOUTH HARM LINKED TO SOCIAL MEDIA</strong></a></p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/03/343/192/paul-schmidt-social-media-tria-reuters.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/03/686/384/paul-schmidt-social-media-tria-reuters.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/03/672/378/paul-schmidt-social-media-tria-reuters.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/03/1344/756/paul-schmidt-social-media-tria-reuters.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/03/931/523/paul-schmidt-social-media-tria-reuters.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/03/1862/1046/paul-schmidt-social-media-tria-reuters.jpg?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/03/720/405/paul-schmidt-social-media-tria-reuters.jpg?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/03/1440/810/paul-schmidt-social-media-tria-reuters.jpg?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/03/931/523/paul-schmidt-social-media-tria-reuters.jpg?ve=1&#038;tl=1" alt="Attorney Paul Schmidt walks outside a courtroom in California."/></source></source></source></source></picture></div>
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<p><span> Meta&#8217;s lawyer, Paul Schmidt, outside the courtroom in California.</span><span> (Mike Blake/Reuters)</span></p>
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<p>&#8220;This happened in the family, but she wasn’t asked to elaborate,&#8221; said Schmidt to the judge. Schmidt wanted to introduce the application, which was filled out in May 2024 – after <a rel="nofollow" href="https://www.foxbusiness.com/category/legal" target="_blank" rel="noopener">her lawsuit</a> was filed – to show that Kaley did not list &#8220;social media addiction&#8221; as one of her traumas.</p>
<p>Schmidt offered to redact &#8220;sexual abuse&#8221; from the document because it hasn’t been discussed or brought up at the trial in any of her extensive medical records, which number over 200. He said that the other traumas – neglect, emotional and physical abuse – are all backed up in the previous testimonies.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/technology/apple-implementing-age-verification-tool-users-18-up-some-apps" target="_blank" rel="noopener"><strong>APPLE IMPLEMENTING AGE VERIFICATION TOOL TO ENSURE USERS ARE 18 AND UP FOR SOME APPS</strong></a></p>
<p>Kuhl asked to see the application and scoffed, telling Schmidt, &#8220;It looks like she’s lying here. She’s bringing up autism, she’s bringing up sexual abuse that never happened,&#8221; said Kuhl.</p>
<p>It has not been discussed by either the plaintiff or defense in court if Kaley experienced sexual abuse or if she had lied about experiencing sexual abuse. Autism has been discussed in her records, but she was never diagnosed with it.</p>
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<div class="m"><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/343/192/mark-zuckerberg-meta-ceo-la-court.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/686/384/mark-zuckerberg-meta-ceo-la-court.png?ve=1&#038;tl=1 2x"><source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/672/378/mark-zuckerberg-meta-ceo-la-court.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/1344/756/mark-zuckerberg-meta-ceo-la-court.png?ve=1&#038;tl=1 2x"><source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/931/523/mark-zuckerberg-meta-ceo-la-court.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/1862/1046/mark-zuckerberg-meta-ceo-la-court.png?ve=1&#038;tl=1 2x"><source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/720/405/mark-zuckerberg-meta-ceo-la-court.png?ve=1&#038;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/1440/810/mark-zuckerberg-meta-ceo-la-court.png?ve=1&#038;tl=1 2x"><img decoding="async" src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/02/931/523/mark-zuckerberg-meta-ceo-la-court.png?ve=1&#038;tl=1" alt="Meta CEO Mark Zuckerberg is seen arriving in at a court in Los Angeles to stand trial over a social media lawsuit."/></source></source></source></source></picture></div>
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<p><span>Meta CEO Mark Zuckerberg arrives at the Los Angeles Superior Court at United States Court House on Feb. 18, 2026, in Los Angeles, California.</span><span> (Jill Connelly/Getty Images)</span></p>
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<p>Kuhl asked if there was any evidence of sexual abuse. Schmidt said he didn’t know where Kaley got that from, as it wasn’t explored in her deposition.</p>
<p>&#8220;In this document, she’s exaggerating. Common logic says she’s got to find a place to go, she’s trying to convince [the housing] that she’s an abused child so they can help her,&#8221; said Kuhl. &#8220;She’s making it as ’that’ as possible.&#8221;</p>
<p>Schmidt disagreed with Kuhl’s take on the exhibit, saying he only wanted to bring up the traumas that she’s previously testified to.</p>
<p><a rel="nofollow" href="https://www.foxbusiness.com/lifestyle/meta-researcher-warned-500k-child-exploitation-cases-daily-facebook-instagram-platforms" target="_blank" rel="noopener"><strong>META&#8230;</strong></a></p>
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<br />Read More: <a href="https://www.foxbusiness.com/technology/judge-blocks-meta-from-introducing-exaggerated-claims-social-media-trial">Social media trial judge blocks Meta from introducing plaintiff’s</a></p>
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