Tag Archives: China

13Mar/23

Pfizer Invests $43 Billion to Battle Cancer

Pfizer to acquire Seagen for $229 per Seagen share in cash, for a total enterprise value of approximately $43 billion
Proposed combination enhances Pfizer’s position as a leading company in Oncology
Seagen’s medicines, late-stage development programs and pioneering expertise in Antibody-Drug Conjugates (ADCs) strongly complement Pfizer’s Oncology portfolio
Seagen expected to contribute more than $10 billion in risk-adjusted revenues in 2030
Pfizer and Seagen to hold analyst and investor call at 8 a.m. EDT today

NEW YORK & BOTHELL, Wash.–(BUSINESS WIRE)–Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company that discovers, develops and commercializes transformative cancer medicines, for $229 in cash per Seagen share for a total enterprise value of $43 billion. The Boards of Directors of both companies have unanimously approved the transaction. Continue reading

03Mar/23

Snooping on campaigners

By Kim Harrisberg | South Africa correspondent

From phishing traps to arrests based on their social media posts alone, activists from Russia to Uganda say they’re increasingly being watched for their online campaigning.
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23Feb/23

The EU’s AI Act – Innovations Vs Human Rights

Artificial intelligence (AI) technology is everywhere. Thanks to a lack of red tape, it’s transforming our homes, economies and cultures – from ChatGPT and virtual DJs, to facial recognition and predictive policing tools.

However, the rise of AI has also come at a significant cost. As we’ve discussed in recent weeks, AI often undermines our privacy, entrenches societal biases, and creates opaque systems that lack accountability.
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27Jan/23

The spy clause and the end of anonymity

By Samuel Woodhams | Digital rights researcher and journalist

The long, turbulent history of UK’s Online Safety Bill can be traced back to 2017, with the publication of the Internet Safety Strategy green paper. Since then, the proposed legislation has gone through endless revisions, been delayed and, at times, looked like it might be dropped entirely. Continue reading

19Jan/23

Digital welfare dystopia

By Samuel Woodhams | Digital rights researcher and journalist

Algorithms to determine welfare payments and detect fraud are becoming standard practice around the world. From Manchester to Melbourne, peoples’ lives are being shaped by secretive tools that determine who is eligible for what, and how much debt is owed.

Although the technology has been around for some time, the outbreak of COVID-19 renewed enthusiasm for the digital welfare state and, for thousands of cash-strapped public bodies, the promise of increased efficiency and lower costs has proven irresistible.
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09Jan/23

Global economy 2023: why there will still be plenty of pressure on food prices in the year ahead

John Hammond, University of Reading and Yiorgos Gadanakis, University of Reading

Welcome to this special report on the food industry, the fourth instalment in our series on where the global economy is heading in 2023. It follows recent articles on inflation, energy and the cost of living.

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22Dec/22

The 3rd APEC Women Connect Her Power Entrepreneurship Competition Announces 2022 Winners, Raising Profiles of Budding Women Entrepreneurs

The 3rd APEC Women Connect “Her Power” Entrepreneurship Competition came to an end on December 16 with a livestreamed ceremony. Over four months, the competition engaged over 1,000 participants interested in social commerce from countries including the United States, the United Kingdom, France, Australia, Portugal, Spain, Thailand, Vietnam, The Philippines, Italy, Nigeria, Malawi, Venezuela, and China. Continue reading

15Nov/22

Facial recognition: An ethical policing tool?

By Samuel Woodhams | Digital rights researcher and journalist

Facial recognition technology made headlines again last month as researchers at the University of Cambridge, UK said that the UK police’s use of the technology was unethical and potentially unlawful. The report from the Minderoo Centre for Technology and Democracy urged police to stop using live facial recognition (LFR) in public spaces and said trials by the Metropolitan Police and South Wales Police failed to meet the “minimum legal and ethical standards.” Continue reading
04Nov/22

Video doorbells: security or surveillance?

By Samuel Woodhams | Digital rights researcher and journalist

Video doorbells are everywhere now, sold as a modern security solution that can help protect your home and belongings. They let you greet guests remotely, deter would-be parcel thieves, and could even reduce the cost of your home insurance.
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