Microsoft: the company has no plans to compete with doctors
Microsoft expects the Nuance deal to expand its market opportunity in health care
Nuance’s CEO will report to Microsoft cloud chief Scott Guthrie, who says both companies want to target software developers, not health-care providers themselves
Moderna has reported its Covid vaccine to be 100% effective in teens and seeks FDA approval
Moderna said Tuesday its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17
The company said it plans to ask the FDA to expand the emergency use of its Covid vaccine for teens early next month
It is the second vaccine behind Pfizer’s to demonstrate high efficacy in younger age groups
Lordstown Motors shares fall after its 2021 production plans are cancelled
Shares of Lordstown Motors have tumbled after the company cancelled its production guidance for the year and says it needs to raise additional capital
Lordstown CEO Steve Burns said the company has “encountered some challenges” as it prepares to begin producing its Endurance electric pickup truck in late September
Lordstown said it expects to produce only about half the number of vehicles it previously forecast for this year, while increasing its planned expenses to between $335 million and $350 million
United shares rise after airlines says domestic leisure fares topped 2019 levels
Domestic leisure yields for tickets issued in May surpass 2019 levels, United said
It expects that trend to continue through the summer
Higher revenue compared with its capacity is helping the carrier narrow its losses
Amazon’s ad revenue has now become twice as big as 4 large companies combined
The major growth in Amazon’s advertising unit means its revenue contribution is now 2.4 times larger than Snap, Twitter, Roku and Pinterest combined, and it’s growing 1.7 times as quickly, according to Loop Capital
Amazon’s “Other” unit, which is primarily made up of advertising but also includes sales related to other service offerings, grew revenue a massive 77% year-over-year to more than $6.9 billion in the first quarter, the company reported last month
By K Buenavista
Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.
