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THURSDAY, 11 JUNE 2026, 20:05

Nature

Xbox CEO Says Current Margins ‘Cannot Continue’

Today at 18:00 PM, via Slashdot

Xbox CEO Asha Sharma and Chief Content Officer Matt Booty told staff that Xbox’s current economics “cannot continue,” citing more than $20 billion in spending over five years, declining revenue outside Activision Blizzard King, console supply constraints tied to RAMaggedon, and an overextended studio portfolio. The memo stops short of announcing layoffs, but a Bloomberg report says substantial...

Wegovy weight-loss pills to be available for patients in UK to buy

Today at 17:33 PM, via The Guardian

Regulator approval means patients who meet criteria such as having obesity will be able to purchase pills with private prescription

Patients will soon be able to buy the Wegovy weight-loss pill, the medicines regulator announced today.

It is the first GLP-1 receptor agonist tablet for weight-loss to be approved by the Medicines and Healthcare products Regulatory Agency (MHRA), making the UK the...

SpaceX heads for record $1.78tn float amid fears it is overvalued

Today at 17:33 PM, via The Guardian

Analysts say IPO that could make Elon Musk the world’s first trillionaire has a ‘major disconnect’ on price

Elon Musk’s SpaceX is set to launch the biggest stock market float in history amid warnings that it may be overvalued.

The space exploration, satellite broadband and AI company will join the US stock market on Friday at a valuation of $1.78tn, after offering at least $75bn of shares to...

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