An Oklahoma court ruled that Johnson & Johnson made “deceptive” claims about its painkillers, which the firm denies. Library photo: Shutterstock.com
Greek capital controls; JAB fundraising; progress in Rome; and new Weinstein plea. Delano’s breakfast briefing.
J&J ordered to pay $572m in opioid crisis trial
A judge in the US state of Oklahoma found that Johnson & Johnson was responsible for part of state’s deadly opioid addiction epidemic and ordered the pharmaceutical company to pay at least $572m to support treatment plans. The stated had asked for $17bn; J&J’s shares were up 4% following the ruling. Johnson & Johnson denies wrongdoing, called the judge’s decision “flawed” and said it would file an appeal. The firm faces similar trials in at least 40 other US states. Sources: Deutsche Welle, Financial Times, The Guardian, Reuters and Washington Post.
The Luxembourg-based investment vehicle JAB Holdings, which owns Keurig Dr Pepper and Pret A Manger, is looking to raise up to €8bn for new investments in the pet care and veterinary clinic sectors, according to the Financial Times.
Italian party leaders possibly nearing agreement
Italy’s Democratic Party and Five Start Movement are reportedly close to forming a new government that would reappoint outgoing PM Giuseppe Conte. Sources: Ansa, France 24 and The Guardian.
Indonesia relocating capital
The president of Indonesia, Joko Widodo, said the government will move from Jakarta to the province of East Kalimantan on the island of Borneo. Sources: BBC, The Guardian and Los Angeles Times.
Weinstein pleads not guilty; trial delayed
The film producer Harvey Weinstein pleaded not guilty to new two charges of sexual assault, pushing back his trial (on five sexual assault allegations, which he denies) from next month to January 2020. Sources: The Guardian, Reuters and Washington Post.
Wednesday 28 August: The Foundry coworking space starts its “sustainable event series” with a talk on corporate social responsibility programmes, 6pm-8:30pm. Wednesday 28 August:Luxembourg Junior Chamber visits the Luxembourg House of Startups, 6:30pm-8:30pm.
Here are 7 science & technology stories you may have missed
Phishing: “Microsoft remains the biggest brand copied by phishing attacks” while “fake URLs targeting Facebook accounts have grown by 176% in just a year” according to a cybersecurity vendor report covered by ZDnet. Privacy: Contractors for Microsoft listed to audio clips of Xbox players, including children playing games, per Vice Motherboard. Ethereum: A BBC reporter explained “How I lost £25,000 when my cryptocurrency was stolen”. Banktech: A security researcher was able to “open the majority of [ATM] locks in five minutes or under… using nothing more than an oscilloscope and a laptop,” per Observer.com. Encryption: Researchers are starting to develop cryptographic security standards for the coming quantum computing age, per Science magazine. Public service: New York City has a pilot programme to help domestic abuse victims with cybersecurity and privacy issues, such as wiping stalkerware off their devices, per MIT Technology Review. Online dating:The Daily Beast explained how police caught a scammer in southern California who tricked dozens of women into paying for expensive restaurant meals.