Niki BioSolutions receives New York approval for expanded APOE test

Niki BioSolutions (NASDAQ: NIKI) announced that its subsidiary DiamiR Biosciences received NYSDOH CLEP approval to expand its APOE Genotyping test to include urine, plasma, and dried blood spots. The test, which identifies genetic variants linked to Alzheimer’s risk, was previously approved for blood, buccal swab, saliva, and tissue. The expansion allows for more accessible testing, including at-home or point-of-care sample collection, and supports integrated genetic and biomarker workflows.

California regulators may reduce PG&E's plan to bury 5,000 miles of power lines to 1,100 miles, pending a November 19 vote. PG&E argues undergrounding reduces wildfire risk by 98% and is cost-effective long-term, with the project costing $16 billion and adding $9/month to customer bills, according to the company.

A California judge ruled Tesla liable for fraud and negligent misrepresentation in a Solar Roof lawsuit, with damages yet to be determined. Tesla admitted prior liability for breach of contract, warranty, and negligence. The homeowner seeks over $2.5M in repairs, while Tesla offered $5,000. The case highlights discovery sanctions and document handling.

The US approved Nvidia's sale of H200 AI chips to New Matrix, a Chinese company with no apparent operations. The NYT found its office empty and no records of its existence. New Matrix's owners have ties to a US-blacklisted investment firm. Nvidia faced China sales restrictions under Biden, later eased under Trump.

The US has approved Nvidia's sales of AI chips to Chinese firms linked to blacklisted entities, according to reports. The approvals are for companies with no current use for the chips, raising questions about the policy's intent. Nvidia's H800 chip, a less powerful version of its AI chips, is among those approved for sale. The approvals come as the US seeks to limit China's access to advanced technology.

Google, Meta, and TikTok sued California over AB 1709, a law restricting addictive social media features for children under 16. The companies argue it violates the First Amendment and conflicts with Section 230. The law targets personalized feeds, endless scrolling, and autoplay videos, requiring age verification. The state aims to protect children from exploitative features. The lawsuits are being reviewed by California's Attorney General. The law is set to take effect in 2027.