
Australian biotech CSL to trim R&D division, rely on external partnerships, ETHRWorld
2 min read
Australian biotech CSL to trim R&D division, rely on external partnerships
Australian biotech giant CSL Ltd said on Tuesday it plans to trim its research and development division across six global locations and would rely more on external partnerships, a move that will cut its internal workforce.

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Mint
18 hours ago
- Mint
Who is Rupert Murdoch? Donald Trump sues media tycoon over Wall Street Journal Epstein report — check his net worth
Media magnate Rupert Murdoch, often in limelight due to his personal relationships, was sued by US President Donald Trump, prompting headlines about him again. Donald Trump on Friday sued The Wall Street Journal and its owners including Rupert Murdoch for at least $10 billion over the newspaper's report that his name was in a 2003 birthday greeting card for sex offender Jefferey Epstein that featured a sexually suggestive drawing and a reference to secrets they shared. 'We have just filed a POWERHOUSE Lawsuit against everyone involved in publishing the false, malicious, defamatory, FAKE NEWS 'article' in the useless 'rag' that is, The Wall Street Journal,' he said on Truth Social. The lawsuit filed in Miami federal court names Murdoch, Dow Jones, News Corp and its Chief Executive Robert Thomson, and two Wall Street Journal reporters as defendants, saying they defamed Trump and caused him to suffer 'overwhelming' financial and reputational harm. 'I hope Rupert and his 'friends' are looking forward to the many hours of depositions and testimonies they will have to provide in this case,' Trump said in his post. Rupert Murdoch is an Australian-American business magnate, investor, and media mogul, known for creating one of the largest media empires in the world. Through his company News Corp, Murdoch owns hundreds of local, national, and international publishing outlets around the world, including countries like the US, UK and Australia. The media magnate has companies including The Wall Street Journal, Fox News, Sky News Australia, New York Post and The Sun among outlets under his ownership. Despite often associated with right-leaning news coverage, Rupert Murdoch's media companies have sometimes been criticised by Trump supporters — many a times when they did not align with their views. This is not the first time that Trump has clashed with Murdoch, but the Jefferey Epstein case blew out of proportion with the President's lawsuit. Many of Murdoch's newspapers and television channels have been accused of right-wing biased and misleading coverage to support his business interests. During Donald Trump's term as US President, Murdoch expressed support for him and his party through the news coverage broadcast in his media empire, including on Fox News. However, the relationship between the two has been complicated, as they fell out in 2020 over the Presidential election that year. At 93, Rupert Murdoch is considered one of the biggest media moguls in the world. According to Forbes, Rupert Murdoch has a staggering net worth of $24.1 billion, making him one of the richest media persons in the world. The WSJ report said that the letter bearing Trump's name was part of a leather-bound birthday book for Epstein that included messages from other high-profile people. The newspaper said the letter concluded "Happy Birthday - and may every day be another wonderful secret," and featured the signature "Donald."


Time of India
21 hours ago
- Time of India
Multiple earthquakes jolt Myanmar, Tibet, and Afghanistan
A series of earthquakes struck Myanmar, Tibet, and Afghanistan between July 17 and 19, highlighting the persistent seismic vulnerability of the broader South and Southeast Asian region, according to data released by the National Center for Seismology (NCS). Myanmar Shaken by Three Quakes in Three Days Explore courses from Top Institutes in Select a Course Category Management Cybersecurity PGDM Design Thinking Digital Marketing Data Science Data Analytics Public Policy Degree Data Science MBA healthcare Finance Operations Management Leadership Healthcare MCA Others CXO Technology Project Management Artificial Intelligence others Product Management Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK GMPBE India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Kozhikode CERT-IIMK General Management Programme India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta CERT-IIMC APSPM India Starts on undefined Get Details Myanmar experienced three moderate earthquakes over three consecutive days. On Saturday, July 19, an earthquake of magnitude 3.7 hit the country at a depth of 105 km. The NCS reported on X: 'EQ of M: 3.7, On: 19/07/2025 03:26:40 IST, Lat: 22.20 N, Long: 94.28 E, Depth: 105 Km, Location: Myanmar.' This followed a magnitude 4.8 quake on Friday, July 18, at a depth of 110 km, and a 4.7 magnitude quake on July 17 at a shallower depth of 80 km. Experts noted that shallow quakes like the one on July 17 tend to be more dangerous due to stronger ground shaking and potential structural damage. Live Events Myanmar, situated along the Eurasian and Indo-Australian plate boundary, is prone to seismic hazards. According to the International Seismological Centre, over 140 earthquakes of magnitude ≥3.0 occur annually in the region. The Sagaing Fault heightens risk particularly for urban centers like Sagaing, Mandalay, Bago, and Yangon, which together account for nearly half of the country's population. Tibet Registers Two Shallow Earthquakes Tibet was also jolted by two shallow quakes. On Saturday, a magnitude 3.6 quake occurred at a depth of just 10 km, making it susceptible to aftershocks. The NCS reported: 'EQ of M: 3.6, On: 19/07/2025 03:17:59 IST, Lat: 29.10 N, Long: 86.99 E, Depth: 10 Km, Location: Tibet.' A similar tremor of magnitude 3.4 struck on Friday, July 18, also at a 10 km depth. Tibet lies in a seismically active region due to ongoing tectonic interactions between the Indian and Eurasian plates. According to experts like Dr. Marianne Karplus of the University of Texas at El Paso, while earthquakes in the region cannot be predicted, education, resilient infrastructure, and scientific studies can help mitigate impacts. Afghanistan Hit by Four Quakes in Three Days Afghanistan experienced four earthquakes within a 48-hour window. On Saturday alone, two quakes of magnitude 4.0 and 4.2 struck at depths of 125 km and 190 km respectively. Late Friday night, a stronger 4.6 magnitude quake occurred at a depth of 125 km. Earlier, on July 17, a 4.7 magnitude quake at 150 km depth was also recorded. Afghanistan's Hindu Kush mountain range lies on multiple fault lines between the Indian and Eurasian tectonic plates, making the region highly earthquake-prone. The United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) has warned of the region's heightened vulnerability, particularly due to its fragile infrastructure and the compounded challenges of conflict and underdevelopment. Seismic Vigilance Needed Across the Region The cluster of tremors across these three countries serves as a reminder of the region's vulnerability to moderate and large-magnitude earthquakes. Shallow quakes, in particular, pose greater threats due to the intense ground shaking they produce near populated areas. Experts stress the importance of improved seismic monitoring, public awareness, retrofitting of buildings, and regional cooperation to reduce disaster risk.


Time of India
21 hours ago
- Time of India
Who is Rupert Murdoch? Media giant sued by Trump over WSJ's Epstein letter; MAGA chief calls paper ‘pile of garbage' after row
Media giant Rupert Murdoch, the man behind some of the world's biggest news outlets, is back in the spotlight after US President Donald Trump filed a lawsuit against his company on Firday. The case stems from a recent Wall Street Journal report involving Jeffrey Epstein and a birthday letter allegedly written by Trump in 2003. Trump had reportedly asked Rupert Murdoch not to release or publish the article, calling it fake. However, the piece was published on Thursday, followed by a quick wave of attacks from the MAGA base. In a Truth Social post, Trump himself confirmed that he is suing Murdoch. "We have just filed a POWERHOUSE Lawsuit against everyone involved in publishing the false, malicious, defamatory, FAKE NEWS 'article' in the useless 'rag' that is, The Wall Street Journal. This historic legal action is being brought against the so-called authors of this defamation, the now fully disgraced WSJ, as well as its corporate owners and affiliates, with Rupert Murdoch and Robert Thomson (whatever his role is!) at the top of the list," The MAGA chief said. Who is Rupert Murdoch? Rupert Murdoch is an Australian-born American business tycoon renowned for establishing one of the world's largest media empires. He owns Fox News, The Wall Street Journal, The New York Post, and numerous media outlets in the UK and Australia. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dementia Has Been Linked To a Common Habit. Do You Do It? Brain Health Learn More Undo Though often associated with right-leaning coverage, Murdoch's companies have occasionally drawn criticism from Trump and his supporters, especially when the coverage doesn't align with their views. This isn't the first time Trump has clashed with Murdoch's empire, but the Epstein case has raised the stakes. Murdoch has had a complex relationship with Trump, promoting his rise in 2016, but later falling out over the 2020 election and its aftermath. Murdoch, 93, is one of the most powerful media barons in the world. What did the WSJ report say? The Wall Street Journal on Thursday published a detailed piece claiming it had reviewed a leather-bound birthday album created for Epstein's 50th birthday in 2003. According to the report, the album was organised by Ghislaine Maxwell and included notes from Epstein's high-profile friends. One of those notes was allegedly from Donald Trump. The WSJ said the page attributed to Trump featured 'several lines of typewritten text framed by the outline of a naked woman, drawn in thick black marker.' The report added, 'A pair of small arcs denotes the woman's breasts, and the future president's signature is a squiggly 'Donald' below her waist, mimicking pubic hair.' The note was said to be written in a third-person style, imagining a conversation between Trump and Epstein. It ends with the line: 'A pal is a wonderful thing. Happy Birthday – and may every day be another wonderful secret.' Trump and MAGA allies hit back Trump and several of his close allies responded quickly to the report. The GOP leader has denied any wrongdoing and launched a lawsuit against The WSJ and its parent company, News Corp, which is run by Rupert Murdoch. The lawsuit accuses the WSJ of defamation and claims the letter has been taken out of context or is possibly fake. Trump's legal team said the article was part of a politically motivated attack. 'President Trump never wrote such a message,' said a statement from his spokesperson. 'This is another disgusting smear from the corrupt media.' Supporters in the MAGA movement, including JD Vance, Karoline Leavitt, Laura Loomer, have also flooded social media, calling for an investigation into how the Journal got access to the letter and demanding that Murdoch be held accountable. The Epstein scandal Jeffrey Epstein was a financier and convicted sex offender who was arrested in 2019 on charges of running a sex-trafficking ring involving underage girls. He had close ties with many wealthy and powerful men, including Trump, former US prez Bill Clinton, and Britain's Prince Andrew. Epstein died in a New York jail cell while awaiting trial. His death was officially ruled a suicide, but it has sparked years of conspiracy theories, particularly among both the left and right. Some Democrats believe he was murdered to prevent him from naming others. Trump's base often claims Epstein was part of a larger elite pedophile network. The resurfacing of Epstein's files, including flight logs, visitor lists, and personal messages, continues to keep the scandal in the news. The 2003 letter allegedly signed by Trump has now become another flashpoint.