1. CEO of Disney Seeking TV Transition Partners
2. Nvidia is placing bets on artificial intelligence for the development of therapeutics. The artificial intelligence (AI) models used in drug discovery are being trained by Recursion, and the chipmaker is paying $50 million to speed up the process.
3. Former Celsius CEO Alex Mashinsky Accused of Cryptocurrency Fraud
4. A judge has ruled that Ripple tokens sold to the public are not securities.
5. Twitter Requests Rescission of FTC Order Regarding Data Privacy Practices
6. DNC Fundraiser Featuring VP Kamala Harris Hosted by Charles Myers and Phil Munger
7. In a rare ‘double whammy,’ Hollywood performers and writers will go on strike together.
8. The European Union has issued a fine on Illumina for its purchase of a cancer-screening business. U.S. biotech giant Illumina has been fined $475 million by the European Union (EU) for acquiring cancer-screening firm Grail without first receiving regulatory approval.
9. Autocado, Chipotle’s new guacamole-making robot
10. The collapse of Go Global’s contract means the end for Buy Buy Baby.
11. Thai fans are outraged with a new cheeseburger from Burger King.
12. The new kid-friendly electric quad bike from Tesla costs $1,670.
13. Republican-controlled House panel rejects cannabis, psychedelics amendments to defense bill
14. The prices of Bitcoin, Ethereum, and other cryptocurrencies are skyrocketing.
15. Stocks of PepsiCo rise on the company’s second-quarter earnings beat and improved profit forecast for 2023.
16. The FTC will challenge the court’s judgment that the Microsoft-Activision merger won’t harm competition. Friday at midnight, Judge Corley’s order to halt the transaction expires.
17. Powerball jackpot reaches $875 Million. The probability of perfectly matching all the numbers is 1 in 292.2 million, making the odds of winning the Powerball jackpot exceedingly low. However, the appeal of the game resides in the possibilities and the visions it inspires.

GRPN, MSFT, DKNG, RIVN, WMT, TSLA, HOOD, AMZN, GOOGL, COIN and AAPL were among the several stocks trending this week.

Celebrity News Update. Premier Jewelry designer and manufacturer fashion house ParisJewelry.com has started manufacturing a new custom line of celebrity jewelry designs with 30% Off and Free Shipping. Replenish Your Body- Refilter Your Health with OrganicGreek.com Vitamin Bottles, Vitamins and Herbs. Become a WebFans Creator and Influencer.

CWEB Business News Letter July 12th 2023