Harri Weber

Los Angeles

Reporter, Writer and Editor at Freelance

you know what to do: @harri.bsky.social prof pic @andykaydee + ty @bitter_fig

Articles

How Ozempic maker Novo Nordisk fell behind Eli Lilly in the weight loss drug race

1 week ago | qz.com | Harri Weber

Novo Nordisk (NVO) makes Ozempic, the best-known GLP-1 drug out today. And until quite recently, the Danish pharma giant consistently led the pack in new prescriptions, becoming virtually synonymous with a booming weight loss drug market that could hit $139 billion by 2030. But things have soured since Novo Nordisk stock hit an all-time high last summer.
Temu and Shein are already getting pricier

1 month ago | qz.com | Harri Weber

In This StoryPrices are already rising on Temu and Shein, as the U.S. gears up to end the “de minimis” exemption that let online shoppers dodge tariffs on low-cost goods.
Meta's antitrust trial heats up: Here's what we learned in week one

1 month ago | sg.news.yahoo.com | Harri Weber

In week one of the Federal Trade Commission’s blockbuster monopoly trial against Meta (META), CEO Mark Zuckerberg spent around 10 hours on the stand as the agency questioned him about revealing emails from another era. This trial is only just getting started. Throughout it, the FTC will argue that Facebook engaged in a “buy or bury” ploy to eliminate its rivals and gain monopoly power in the social media market.
Meta's antitrust trial heats up: Here's what we learned in week one

1 month ago | qz.com | Harri Weber

In This StoryIn week one of the Federal Trade Commission’s blockbuster monopoly trial against Meta (META), CEO Mark Zuckerberg spent around 10 hours on the stand as the agency questioned him about revealing emails from another era.
What Meta stands to lose if the FTC wins

1 month ago | finance.yahoo.com | Harri Weber

In a blockbuster antitrust trial that’s just getting underway, the Federal Trade Commission is making its case that Meta (META) abused its social-networking dominance as part of a “” strategy to squash emerging threats. There are several key questions in the FTC’s case against Facebook’s parent company, including whether Meta is as dominant as regulators say in the TikTok era, and if social media is actually worse off today because of Facebook’s alleged ploy to neutralize its competitors.
Meta faces 'one of the biggest antitrust cases' in decades. Here's what to watch

1 month ago | qz.com | Harri Weber

In This StoryMETA-1.69%GOOGL+1.87%AAPL+3.79%Meta’s (META-1.69%) monopoly trial kicked off on Monday, throughout which the Federal Trade Commission will argue that the Facebook owner bought Instagram (in 2012) and WhatsApp (2014) to squash emerging competitive threats to Mark Zuckerberg’s social media empire.
Tesla's Model S and X sales in China hit a trade war roadblock

1 month ago | qz.com | Harri Weber

In This StoryAs Beijing retaliated — again — against President Donald Trump’s tariff hikes, Tesla (TSLA-0.61%) quietly pulled options to buy new Model S and X electric vehicles from its website in China, several outlets reported Friday.
Michael Saylor's company was on a Bitcoin buying spree. Soon it might need to sell

1 month ago | yahoo.com | Harri Weber

Michael Saylor’s bluster about never selling your Bitcoin lost a little oomph this week, as the company he co-founded clarified that, actually, there are some circumstances in which it might need to unload some of its stockpile. “A significant decrease in the market value of our bitcoin holdings could adversely affect our ability to satisfy our financial obligations,” Strategy (MSTR) (formerly MicroStrategy) noted in a regulatory filing on April 7.
Bitcoin falls below $80,000 as the rally subsides

1 month ago | qz.com | Harri Weber

In This StoryCOIN-4.74%MSTR-9.05%MARA-6.38%Winning the White House was supposed to transform the crypto sector, but for much of this year, it hasn’t paid off for holders of leading cryptocurrencies. Suggested ReadingHow Trump’s tariffs could make your iPhone cost $3,500Suggested ReadingSure, Bitcoin and other top tokens hit record highs when the industry’s preferred candidate, Donald Trump, beat Kamala Harris and concluded the Biden administration’s era of close oversight and crackdowns.
Here's what's up with Tesla's slippery stock price today

1 month ago | qz.com | Harri Weber

In This StoryTesla (TSLA-7.65%) stock took another dive on Thursday as analysts chopped price targets for the electric-vehicle maker, citing the Trump administration’s impending 25% tariffs on auto parts and weakening demand in Europe and China.