WASHINGTON (AP) — Drugmaker Pfizer has agreed to lower drug costs under a deal struck with President Donald Trump’s administration. Trump made the announcement Tuesday with Pfizer CEO Albert Bourla at the White House. Under the agreement, New York-based Pfizer will charge most-favored-nation pricing to Medicaid and guarantee the same pricing on newly launched drugs.…… MORE
OpenAI has launched a new social media app called Sora, aiming to capture the audience of short-form video platforms like TikTok and Instagram. Released on Tuesday, the app allows users to create AI videos in various styles, from anime to realistic. Some worry these AI-generated videos could crowd out genuine human creativity and degrade the…… MORE
NEW YORK (AP) — The U.S. Federal Trade Commission is suing Zillow and Redfin, accusing them of an illegal deal to suppress competition in online rental advertising. The FTC filed the lawsuit on Tuesday, alleging the agreement began in February when Zillow paid Redfin $100 million. The deal allegedly required Redfin to end contracts with…… MORE
The Federal Communications Commission voted to end discounts for library and school Wi-Fi hotspot lending programs on Tuesday, drawing criticism from lawmakers and librarians who say the move will make it more difficult for people who are low-income or live in rural areas to access the internet. The 2-1 vote reverses a Biden-era expansion of…… MORE
Google’s YouTube has agreed to pay $24.5 million to settle a lawsuit by President Donald Trump over his 2021 account suspension following the Jan. 6, 2021 attack on the U.S. Capitol. According to documents filed in federal court in California, $22 million of the settlement will be contributed to the Trust for the National Mall…… MORE