Mikael Dolsten, former head of R&D at Pfizer, is joining Formation Bio, an AI-native pharma company, where he will lead asset selection and drug development strategy. At Formation Bio, Dolsten aims to leverage his global network to identify high-potential assets and provide strategic guidance on the company's AI initiatives. The pharmaceutical industry is at an inflection point with AI becoming a core driver of efficiency and innovation in drug development. Formation Bio integrates AI across its entire drug development lifecycle, aiming to enhance efficiency, reduce costs, and improve success rates. Dolsten's involvement reflects his belief in the transformative power of AI in drug development, and he will work alongside an exceptional team to bring innovative therapies to patients faster and more efficiently than ever before.
https://www.prnewswire.com/news-releases/former-pfizer-rd-chief-mikael-dolsten-joins-formation-bio-to-chair-drug-picking-committee-and-co-chair-its-investment-advisory-committee-302417681.htmlA recent Reuters/Ipsos poll found that 74% of respondents believed discussing military attack plans on the Signal messaging app was reckless, with 91% of Democrats and 55% of Republicans agreeing. The majority also thought Trump should accept responsibility for the matter, with 70% in agreement.
https://www.tbsnews.net/worldbiz/politics/trump-approval-falls-43-lowest-returning-office-1106841North Korean IT workers, known as "warriors," are posing as remote freelancers from other countries to infiltrate European companies, putting organizations at risk of espionage and data theft. Researchers at Google's Threat Intelligence Group have identified an increase in these operations outside the US over the past six months, targeting Germany, the UK, and Portugal.
https://www.japantimes.co.jp/news/2025/04/03/asia-pacific/north-korea-it-europe-firms/Researchers have developed Perseus, a tool that analyzes coordination efforts behind cryptocurrency scams, similar to AI-powered scam detectors like McAfee's. The tool consists of three components and helps identify masterminds behind scams, measuring their impact. Experts suggest that tools like Perseus could be crucial in recognizing harmful schemes within the largely unregulated crypto space, as cryptocurrencies grow in popularity and leave investors vulnerable to manipulations.
https://www.techradar.com/pro/438-crypto-masterminds-are-responsible-for-the-majority-of-pump-and-dump-crypto-coin-schemes-globally-researchers-findScale AI expects to more than double its sales to $2 billion in 2025, driven by a strong revenue growth from its artificial intelligence applications, with annualized run rate reaching $1.5 billion by the end of 2024.
https://news.bloomberglaw.com/private-equity/scale-ai-expects-to-more-than-double-sales-to-2-billion-in-2025Siemens AG has agreed to acquire Dotmatics, a research and development software maker backed by Insight Partners, for $5.1 billion as part of its push to provide more artificial intelligence software to life sciences companies. The deal was confirmed in a statement by Siemens, which had previously reported the news to Bloomberg News.
https://news.bloomberglaw.com/mergers-and-acquisitions/siemens-is-said-to-near-deal-for-insight-backed-dotmaticsSitetracker Inc., a software platform for managing infrastructure assets, is exploring a potential $1 billion sale. The company is working with Evercore Inc. to find a buyer, according to people familiar with the matter.
https://news.bloomberglaw.com/private-equity/sitetracker-is-said-to-tap-evercore-for-1-billion-sale-1Thomson Reuters has rejected Ross Intelligence Inc.'s request for a quick appeal of a decision that its AI-powered legal tool's ingestion of Westlaw headnotes is not fair use under copyright law. The company, Reuters, claims the alleged impact on AI is manufactured and an "piecemeal" appeal would prolong litigation.
https://news.bloomberglaw.com/tech-and-telecom-law/reuters-hits-back-at-bid-for-quick-appeal-of-ai-fair-use-winUS President Donald Trump initially expressed reluctance to block social network TikTok but later signed an executive order delaying its blocking until April 5. He suggested the US should own half of TikTok, but didn't clarify what this meant. In contrast, President Joe Biden signed a law in 2024 requiring Chinese corporation ByteDance to sell or terminate TikTok's US operations by January 19. The US administration is now seeking potential buyers for 50% of TikTok's shares.
https://www.fakti.bg/en/biznes/961395-amazon-wants-to-buy-tiktok