Cigna's Express Scripts filed a lawsuit Tuesday challenging a federal report that places the blame for rising drug prices on pharmacy benefit managers, describing it as "seventy-four pages of unsupported innuendo" and calling for a retraction.
Why it matters: Experts say the lawsuit is legally dubious but represents significant pushback from pharmacy middlemen "to counterbalance the narrative" from regulators.
Russia is now throwing all of its disinformation resources behind operations designed to undermine the Harris-Walz campaign, according to a Microsoft report released Tuesday.
Snapchat on Tuesday unveiled a new, proprietary operating system to power its fifth generation of augmented reality (AR) Spectacles glasses and other hardware in the future.
Why it matters: Snap CEO Evan Spiegel believes AR hardware, like its smart glasses, will one day become as ubiquitous as phones and tablets are today — and that Snap's early investments in AR software will help the company seal a leading market position.
Chinese-manufactured cargo cranes are sounding alarm bells in D.C. about state-backed espionage and cyber threats.
Why it matters: Many China hawks now believe that Beijing holds the power to knock out most of the U.S.'s cargo cranes — potentially disrupting the global trade of consumer goods, military equipment and other resources.
🇷🇺 The Biden administration declassified new evidence that Russian state media network RT is fully integrated into Russia's intelligence operations. (CNN)
⚠️ The Cybersecurity and Infrastructure Security Agency is urging federal agencies to either remove or update an end-of-life Ivanti product that hackers are actively targeting. (The Record)
🏛️ The Treasury Department issued additional sanctions against Intellexa, the maker of Predator spyware. (CyberScoop)
@ Industry
🧳 Cisco's latest round of layoffs appears to have affected some members of Talos Security, its threat intelligence and security research unit. (TechCrunch)
The rise of artificial intelligence will boost the global economy a cumulative $19.9 trillion by 2030, according to a new IDC study released Tuesday.
Why it matters: The study takes a broad look at AI's impact, including the revenue of AI companies, AI's impacts on consumer spending and the massive spending on infrastructure needed to power AI systems.
Meta is banning RT and other Russian state media outlets due to "foreign interference activity" after the U.S. accused the organizations of advancing an election interference scheme.
Why it matters: The Justice Department (DOJ) alleged in an indictment earlier this month that employees of the Kremlin-backed outlet spent millions to direct an American company and several right-wing influencers to unwittingly publish Russian propaganda.
Microsoft is boosting its investment in AI for the Middle East and Africa, in conjunction with Abu Dhabi-based G42.
Why it matters: Microsoft wants its technology — and U.S. tech more broadly — to beat China in the battle to power the world's AI systems, especially in developing countries.
U.S. students have made up for some pandemic-era learning losses in math and reading — but the recovery has been slow and uneven, especially among students of color, per a new report.
Why it matters: The pandemic exposed deep racial and income inequalities in the nation's public school system, and the uneven recovery is showing few of those inequities have been addressed enough.
Former President Trump praised the U.S. Secret Service and local law enforcement on Monday for their "fantastic" response to an apparent second assassination attempt against him.
The big picture: In his first detailed account since suspect Ryan Wesley Routh, 58, was charged with two gun counts, Trump recounted during an X Spaces discussion how Sunday's events unfolded at his golf course in West Palm Beach, Florida, while he was playing golf with friends including real estate developer Steve Witkoff.
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