Prothena Announces Phase 3 AFFIRM-AL Clinical Trial for Birtamimab in Patients with AL Amyloidosis Did Not Meet Primary Endpoint

Prothena Corporation recently announced disappointing results from its Phase 3 AFFIRM-AL clinical trial for birtamimab, a potential treatment for patients with AL amyloidosis. The trial failed to meet its primary endpoint, leading the company to discontinue further development of the drug. CEO Gene Kinney expressed surprise at the outcome, highlighting the impact on patients and […]

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Feds charge 16 Russians allegedly tied to botnets used in cyberattacks and spying

Summary The US Department of Justice has recently charged 16 Russian nationals linked to the DanaBot malware operation, which has allegedly facilitated numerous cyberattacks and espionage activities globally. This malware has infected over 300,000 machines and has a history of being used for both criminal and state-sponsored hacking operations. Key Insights The DanaBot malware has […]

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Stocks making the biggest moves midday: Apple, Ross Stores, Intuit, Booz Allen Hamilton & more

This article covers the stocks that are causing a stir in the market as of midday trading. Key players include tech giant Apple, Ross Stores, Intuit, and more, with significant stock movements influenced by various market trends and corporate announcements. Source: Article URL Key Points Booz Allen Hamilton’s shares fell 15% due to announced job […]

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Microsoft employee bypasses ‘Palestine’ block to email thousands of staff in protest

A Microsoft employee has successfully circumvented a newly implemented email block that limited discussions about “Palestine,” “Gaza,” and “Genocide.” Nisreen Jaradat, a senior tech support engineer, sent an email on May 23rd titled: “You can’t get rid of us.” In her correspondence, she expressed frustration over Microsoft’s treatment of Palestinians and urged employees to sign […]

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AI videos on TikTok are tricking users into downloading malware

Cybercriminals have taken a creative approach to spread malware via TikTok, using AI-generated videos to lure unsuspecting users. These videos promise free software and features, but users unknowingly execute harmful commands instead. Key Points Criminals use TikTok videos to trick users into downloading malware by promising free software like Windows and Office. The videos cleverly […]

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Quantum Leaps, Corporate Chaos

Welcome back to The FAIK Files! This week’s episode dives into the rapid advancements in quantum computing, the chaos of an AI-run company, Microsoft’s new AI support in Windows, and an amusing mistake from the Chicago Sun-Times. Key Points Quantum computing is advancing at breakneck speed. Professors have created a fake company staffed entirely by […]

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AT&T to buy Lumen’s fibre business in $5.75 bn deal

Summary AT&T has announced plans to acquire Lumen Technologies’ fibre business for a hefty sum of $5.75 billion. This deal will enhance AT&T’s high-speed internet infrastructure, potentially reaching millions of new residential customers across 11 states in the US. The focus is on Lumen’s existing fibre assets, which currently serve around 1 million customers through […]

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