CNN sues Perplexity over alleged unauthorized use of news content

American news network CNN has filed a lawsuit against AI-powered search company Perplexity, accusing the firm of unlawfully distributing copyrighted journalistic content without authorization. The legal complaint marks another chapter in the growing conflict between media organizations and artificial intelligence companies over the use of......

CVS restores coverage for Lilly’s obesity drug Zepbound

The American healthcare company CVS Health has announced that it will reinstate insurance coverage for Eli Lilly’s obesity treatment Zepbound, marking a significant shift in its pharmacy benefit policies. The decision was made by CVS Caremark, the company’s pharmacy benefit management division, which confirmed that Zepbound will......

Hormel foods tops quarterly estimates on strong demand for protein-rich foods

Hormel Foods reported stronger-than-expected quarterly results on Thursday, driven by sustained demand for protein-rich food products, particularly chicken and turkey. The U.S.-based food company, known for brands such as Skippy peanut butter, exceeded analysts’ expectations for both sales and profit in its second quarter. The performance......

Snowflake jumps as enterprise demand for data offerings drives forecast raise

Snowflake shares surged in premarket trading after the data analytics company raised its annual product revenue forecast and announced a major long-term partnership in artificial intelligence infrastructure. The company revealed a five-year agreement with Amazon Web Services (AWS) worth approximately $6 billion, strengthening its position......

Meta launches paid subscriptions for Instagram, WhatsApp and Facebook

Meta has officially introduced paid subscription services for its major social media platforms, including Instagram, Facebook, and WhatsApp. The announcement marks a significant step in the company’s strategy to diversify its revenue sources and reduce its heavy dependence on advertising. The new services, called Instagram Plus and......

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