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1h ago
20/20 BioLabs moves investor webinar to 2:00 p.m. ET on Sept. 2, 2026 to discuss OneTestTM revenue and commercial expansion
20/20 BioLabs reported second-quarter OneTestTM revenue of $0.7 million, up 47.1% year over year. Gross margin expanded to 41.7% from 30.5%. The company secured a 12-month statewide program in Vermont to screen up to 4,500 firefighters for cancer, along with $520,000 awarded to Maryland fire departments. Management expects incremental testing volume to be absorbed across a largely fixed cost base and said it expects to have tested more than 35,000 firefighters by year-end.
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9h ago
Meta’s $18 billion U.S. settlement puts EU and UK pressure on Instagram and Facebook youth safeguards
Meta reached an $18 billion settlement with 47 U.S. states, agreeing to curb addictive design features to better protect teenagers. The European Commission said it may demand changes that go further than the U.S. deal. If Meta fails to comply, it could face a fine of up to 6% of annual global revenue, or about $12 billion. UK officials also said they want the same protections extended to British teens.
9h ago
13h ago
Unilever puts Colman's Mustard up for sale ahead of planned Unilever Foods-McCormick deal
Unilever said it is marketing the Colman's Mustard brand and related assets for sale. Founded in 1814, the brand has long been closely associated with Norwich, where it operated a factory for 160 years. The move comes ahead of a planned combination of Unilever Foods and U.S. food group McCormick, in a deal believed to be worth £48bn. Unilever said the sale is intended to proactively address potential competition concerns.
13h ago
20h ago
Woolworths to stop buying Tasmanian beef from 2027
Woolworths has confirmed it will stop buying Tasmanian beef from 2027, a move that affects the state and Australia’s domestic market. The retailer has been sourcing the product via JBS Foods’ abattoir in Longford. Local farmers say the decision is a major blow to their businesses. Woolworths said it will keep buying Tasmanian beef through to the end of 2026 and work with affected parties on the transition.
20h ago
1d ago
Elastic posts fiscal Q1 adjusted EPS of $0.70 on $478.1 million revenue, beating estimates
Elastic NV reported fiscal 2025 first-quarter results with adjusted earnings of $0.70 per share and revenue of $478.1 million, both ahead of analysts’ expectations of $0.58 and $469.6 million. The company also issued guidance for the quarter ending in October, projecting adjusted earnings of $0.80 to $0.82 per share. It forecast revenue of $486 million to $487 million for fiscal second quarter.
1d ago