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10.01.26 - 17:36
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Kinaset Therapeutics Announces $103 Million Oversubscribed Series B Financing to Advance Novel, Inhaled Therapeutic Candidate for Respiratory Diseases (Business Wire)
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Financing round led by RA Capital Management and Forge Life Science Partners, with contributions from new and existing investors
Proceeds to advance frevecitinib, an inhaled pan-JAK inhibitor with the potential to treat the broad severe asthma population, through Phase 2 studiesBOSTON--(BUSINESS WIRE)--Kinaset Therapeutics, a clinical-stage biopharmaceutical company developing a novel and differentiated inhaled therapeutic candidate to treat serious respiratory diseases, today announced the closing of a $103 million Series B financing. New investors RA Capital Management and Forge Life Science Partners led the financing, with participation from new investors EQT Life Sciences, Vivo Capital, Schroders Capital, Willett Advisors, Pictet Alternative Advisors, Sixty Degree Capital and existing investors, Atlas Venture, 5AM Ventures and Gimv.
“Since day one, our goal has been to develop a best-in-class therapeutic for the treatment of severe inflammatory respiratory disease. Critically, and unlike the majorit...
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10.01.26 - 17:00
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Can Natwest shares keep going up after their 262% rise? (Fool)
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Natwest shares have more than tripled in just five years -- and still offer an attractive dividend yield. Should Christopher Ruane invest?
The post Can Natwest shares keep going up after their 262% rise? appeared first on The Motley Fool UK....
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10.01.26 - 16:06
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UK Government Threatens Total Ban On X Over Grok Bikini Flap (ZeroHedge)
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UK Government Threatens Total Ban On X Over Grok Bikini Flap
Authored by Steve Watson via Modernity.news,
The UK's Labour government under Prime Minister Keir Starmer has escalated its war on online expression, now openly threatening to ban Elon Musk's X platform entirely. Using the pretext of Grok AI's image generation capabilities, Starmer's regime is pushing for total control over what Brits can see and say online, exposing the thin veil over their authoritarian impulses.
This move comes amid a surge in Grok-generated sexualized images, but the crackdown reeks of selective outrage aimed at silencing dissent rather than protecting anyone.
Starmer issued the threat, declaring “This is disgraceful. It's disgusting, and it's not to be tolerated,” adding that “all options are on the table” to address what he called unlawful content on X. He emphasized, “X has got to get a grip of this, and Ofcom (The UK's regulatory authority for the internet) has our full support to take action...
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10.01.26 - 15:48
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Elon Musk says UK wants to suppress free speech as X faces possible ban (The Guardian)
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Ministers warn platform could be blocked after Grok AI used to create sexual images without consentElon Musk has accused the UK government of wanting to suppress free speech after ministers threatened fines and a possible ban for his social media site X after its AI tool, Grok, was used to make sexual images of women and children without their consent.The billionaire claimed Grok was the most downloaded app on the UK App Store on Friday night after ministers threatened to take action unless the function to create sexually harassing images was removed. Continue reading......
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