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Eastgate Biotech Corp is a biotech company concentrating on altering the delivery ways for well-known drugs, administered only by injections, to non-invasive (oral or sublingual) routes. It is developing a technology platform for enhanced drug delivery designed to improve compliance and increase health benefits to fit today's health-conscious lifestyles. Its technology focuses on the delivery of insulin via a liquid insulin mouth solution based on a proprietary/Trade Secret composition for the treatment of Type 2 diabetes patients and Alzheimer's disease.

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The ceasefire between Israel and Hamas has commenced after a slight delay with the release of three Israeli hostages by Hamas.
What Happened: The ceasefire was scheduled to start early Sunday morning but was postponed as Israeli Prime Minister&nbsp;Benjamin Netanyahu&nbsp;alleged that Hamas had not delivered on its commitment to reveal the identities of the hostages set for release. 
Despite this, three hostages were freed&nbsp;from Gaza on the first&nbsp;day of the ceasefire, after enduring 471 days in captivity.
Israeli forces verified that the hostages had entered Israel, with the military circulating footage of the freed hostages crossing into Israeli territory, <a href="https://apnews.com/article/israel-palestinians-hamas-war-news-ceasefire-hostages-01-19-2025-437f7f1bf49c9d2936718cf78bdf272c">reports</a> the Associated Press.
Simultaneously, ambulances and trucks loaded with humanitarian aid were stationed at the Egyptian border, prepared to enter the Gaza Strip. An Israeli airstrike claimed at least eight lives&nbsp;in the Gaza Strip following&nbsp;the delay in the ceasefire.
Also Read: <a href="https://www.benzinga.com/news/24/01/36443957/israeli-military-initiates-partial-gaza-withdrawal-amid-economic-challenges">Israeli Military Initiates Partial Gaza Withdrawal Amid Economic Challenges</a>
Despite the delay and the airstrike, Gaza saw celebrations of the ceasefire.&nbsp;A Red Cross convoy was&nbsp;spotted in the Gaza Strip, presumably en route to collect&nbsp;the first Israeli hostages in&nbsp;the territory.
However, the ceasefire was not without its share of devastation. Aerial footage revealed the damage inflicted on&nbsp;the city of Khan Younis&nbsp;in the Gaza Strip due to the 15-month-long battle between Israel and Hamas.
As per the ceasefire agreement, three female hostages were to be released on the first day, with&nbsp;an additional four female hostages&nbsp;set to be freed&nbsp;on the seventh day of&nbsp;the agreement.
Why It Matters: The ceasefire and the release of hostages mark a significant step towards peace after a prolonged period of conflict. The release of hostages, in particular, is a critical aspect of the agreement, demonstrating both sides&#8217; commitment to the ceasefire. 
However, the devastation caused by the 15-month war underscores the long road to recovery that lies ahead for both Israel and Gaza. 
The humanitarian aid waiting at the Egyptian border highlights the immediate needs of the people affected by the conflict.
Read Next
<a href="https://www.benzinga.com/news/24/10/41196317/trump-urges-israel-to-target-iran-nuke-sites-hit-nuclear-first-and-worry-about-the-rest-later">Trump Urges Israel To Target Iran Nuke Sites: &#8216;Hit Nuclear First And Worry About The Rest Later&#8217;</a>

Global

Three Hostages Cross Into Israeli Territory After 471 Days as Ceasefire Begins

TikTok came back online in the U.S. shortly after 12:00 p.m. ET, two hours after President-elect Donald Trump said on social media that he will sign an executive order Monday postponing enforcement of the new law requiring the sale of the Chinese-owned platform.
What Happened: As <a href="https://www.axios.com/2025/01/19/trump-tiktok-ban-delay-executive-order">reported</a> by Axios, Trump, who was once at the forefront of the campaign to ban TikTok, is now championing its survival. Trump wrote on Truth Social, &#8220;I will issue an executive order on Monday to extend the period of time before the law&#8217;s prohibitions take effect, so that we can make a deal to protect our national security.&#8221;
US users of the popular video app began finding that access had been restored shortly after noon on the East Coast.
Trump&#8217;s post indicated that the order would absolve any company that assisted in keeping TikTok operational prior to his order from any liability. He voiced his aspiration for the US to secure a &#8220;50% ownership position&#8221; in a joint venture to rescue TikTok. &#8220;By doing this, we save TikTok, keep it in good hands and allow it to [stay] up.&#8221;
However, the specifics of Trump&#8217;s plan, including whether he intends for the US government or a US company to hold this 50% stake, and how he aims to circumvent the law, remain ambiguous, as an executive order cannot supersede it.
The law, signed by President Joe Biden in April, mandated TikTok&#8217;s parent company, ByteDance, to sell the app to an approved buyer by January 19 to evade a ban. The law does allow for the president to initiate a 90-day extension, but only if substantial progress towards divestiture is made and binding legal agreements are in place to facilitate a deal.
Why It Matters: Trump&#8217;s unexpected move to delay the TikTok ban and his proposition for a US stake in the app marks a significant shift in his stance.

Tech

TikTok Back Online In US After Trump Vows Monday Executive Order

Zoox, Inc., a robotaxi company owned by Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), plans to launch robotaxi service in<a href="https://www.benzinga.com/tech/24/12/42432683/teslas-autopilot-hardware-director-zheng-gao-leaves-ev-giant-to-join-amazons-zoox"> Las Vegas in 2025.&nbsp;</a>
The Details: Zoox plans to offer its robotaxi service "quite soon," Zoox's co-founder and chief technology officer Jesse Levinson<a href="https://www.cnbc.com/2025/01/17/amazon-zoox-plans-commercial-expansion.html"> told</a> CNBC. Levinson said Zoox plans to launch an "Early Rider Program" in Las Vegas in the next few months and open its autonomous vehicle ride-hailing service to the general public later this year.&nbsp;
Read Next: <a href="https://www.benzinga.com/general/health-care/25/01/43041254/unitedhealth-ceo-highlights-hospitals-doctors-pharmas-role-in-soaring-health-care-costs">UnitedHealth CEO Highlights Hospitals, Doctors, Pharma&#8217;s Role In Soaring Health Care Costs</a>&nbsp;
"I don't want to imply that it'll be a commercially meaningful business this year … but it's going to be useful in terms of customers will be able to get value out of it and actually use it to go places. We're excited for that," Levinson said.&nbsp;
"We've taken a pretty conservative and steady approach to scaling and rolling out, just because of the safety-critical nature," he added.&nbsp;
The company was founded in 2014 and acquired by Amazon in 2020 for more than $1.2 billion. Zoox's vehicles have been designed as driver-less from the start and have no steering wheel, pedals or driver's seat. The vehicles are symmetrical and bidirectional and can seat up to four passengers.&nbsp;
Zoox has been testing its driver-less vehicles in Las Vegas since 2023 and began testing in San Francisco last November. Zoox has pegged San Francisco as its next expansion and Levinson said the company also has plans to expand to Miami and Austin, Texas.&nbsp;&nbsp;
"Hopefully by the end of this decade, if you're in most of the major cities in the U.S., this will be your favorite way to get around," Levinson said.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/news/legal/25/01/42979220/biden-announces-more-student-loan-forgiveness-bringing-debt-relief-to-nearly-5-million-borrowers">Biden Announces More Student Loan Forgiveness, Bringing Debt Relief To Nearly 5 Million Borrowers</a></li>
</ul>
Image: Courtesy of Zoox, Inc.

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Amazon's Zoox Plans To Launch Robotaxi Service This Year

President-elect Donald Trump&#8216;s Saturday launch of the meme coin TRUMP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TRUMP</a>) has caused a stir in both the crypto industry and among government watchdogs.
What Happened: The meme coin&#8217;s market value soared to $5.6 billion within just 24 hours of the launch, suggesting a potential financial boon for entities linked to Trump.
The token, which provides direct financial advantages to the president-elect's family, has drawn immediate backlash from government watchdogs. They perceive it as a violation of ethical standards and a way for the president-elect to monetize his international prestige.
The TRUMP meme coin, unlike other digital assets, is not tied to any underlying business. This makes it a highly speculative investment for investors and potentially extremely lucrative for its creators. 
As per the <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> data, the meme coin&#8217;s market value reached $14.2 billion early Sunday, nearly tripling from $4.9 billion just 12 hours prior.
The meme coins started selling for $10 each before soaring to as high as about $70 as of Sunday morning.
At the time of writing TRUMP was trading at $56.02, up by almost 95% in the last 24 hours. 
According to a report <a href="https://www.bloomberg.com/news/articles/2025-01-19/trump-s-memecoin-creates-billions-from-thin-air-before-dc-return?sref=TBDibEcD">by </a>Bloomberg, CIC Digital LLC, an affiliate of the Trump Organization, and a related entity, Fight Fight Fight LLC, own an 80% share of the digital asset. These holdings will be gradually unlocked over a span of three years.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43074504/crypto-firms-donate-millions-to-trump-inaugural-fund-host-unofficial-ball-featuring-snoop-dogg">Crypto Firms Donate Millions to Trump Inaugural Fund, Host Unofficial Ball Featuring Snoop Dogg</a>
"$Trump&nbsp;is currently the hottest digital meme on earth,"&nbsp;Eric Trump&nbsp;wrote on X. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I am extremely proud of what we continue to accomplish in crypto. <a href="https://twitter.com/search?q=%24Trump&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Trump</a> is currently the hottest digital meme on earth and I truly believe that <a href="https://twitter.com/worldlibertyfi?ref_src=twsrc%5Etfw">@WorldLibertyFi</a> will revolutionize DeFi/Cefi and will be the future of finance. We are just getting started! &#x1f680;&#x1f680; <a href="https://t.co/YzdxoCWrKV">https://t.co/YzdxoCWrKV</a>
&mdash; Eric Trump (@EricTrump) <a href="https://twitter.com/EricTrump/status/1880670273768435759?ref_src=twsrc%5Etfw">January 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The official meme coin website <a href="https://gettrumpmemes.com/#tokenomics">says</a> that their holdings will unlock over a three-year period, with 200 million tokens available immediately and 1 billion in circulation over the next three years.
Despite the controversy surrounding its launch, the crypto industry, which felt unjustly targeted under President Joe Biden administration, has welcomed the new meme coin. Crypto companies reportedly&nbsp;spent $10 million on Trump's&nbsp;inauguration, indicating their support for the incoming administration.
Why It Matters: The launch of the Trump meme coin is a significant event in the crypto industry. It represents a shift in the relationship between politics and cryptocurrency, with a high-profile political figure directly benefiting from a digital asset. 
This move could potentially influence future political and financial strategies, as well as regulatory approaches to cryptocurrency. 
However, the controversy surrounding the launch also highlights the ethical concerns and potential conflicts of interest that can arise when political figures engage in such ventures.
Read Next
<a href="https://www.benzinga.com/25/01/43074520/solana-skyrockets-sees-15-surge-following-launch-of-trump-themed-meme-coin">Solana Skyrockets, Sees 15% Surge Following Launch Of Trump-Themed Meme Coin</a>
Image: Shutterstock

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$TRUMP

Donald Trump's Meme Coin 'TRUMP' Rallies 103% in a Day, Creates Billions Out of Thin Air

Blaine Anderson, the CEO of online dating coaching company Dating by Blaine, has detailed why she declined an offer from billionaire Mark Cuban after initially accepting the deal on &#8220;Shark Tank.&#8221;
What Happened: Anderson&#8217;s company, which provides online dating courses and personalized coaching, was pitched on the ABC reality TV show. Anderson initially sought $100,000 for a 2% stake in her company, which would have valued it at $5 million.
Founded in 2020 after Anderson lost her job due to the pandemic, the company has since generated over $2.2 million in sales, with a profit of around $500,000 on sales worth $1 million in 2022.
According to a report <a href="https://www.businessinsider.com/shark-tank-mark-cuban-blaine-anderson-dating-startups-investing-deals-2025-1">by</a> Business Insider, despite initial interest from the Sharks, Anderson&#8217;s inability to provide detailed revenue breakdowns led to some Sharks dropping out.
However, with assistance from Shark Barbara Corcoran, Anderson struck a deal with Cuban&nbsp;for $100,000 in exchange for&nbsp;a 10% stake, reducing the company&#8217;s valuation to $1 million.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">On set, I'm nervous AF, and black out most of filming. What I remember is: — The guest Shark, Michael Rubin, wanted NOTHING to do with me — Kevin wanted to invest, and I knew I didn&#39;t want that — Barbara hooked up my deal up with Mark You film for 40 minutes, and there are NO…
&mdash; Blaine Anderson (@datingbyblaine) <a href="https://twitter.com/datingbyblaine/status/1879718662464045543?ref_src=twsrc%5Etfw">January 16, 2025</a></blockquote>
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Although the deal was agreed upon on the show, Anderson later decided not to proceed with Cuban&#8217;s investment, citing the complications of having an external investor as the reason for her decision.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42935597/mark-cuban-advocates-bitcoin-over-gold-during-economic-turmoil-i-think-it-has-more-value-than-gold">Mark Cuban Advocates Bitcoin Over Gold During Economic Turmoil: &#8216;I Think It Has More Value Than Gold&#8217;</a>
&#8220;Mark is down to earth, easy to work with, shockingly accessible, super smart, and funny. He cares about his entrepreneurs, and I&#8217;d be glad to work with him someday,&#8221; she said. 
Why It Matters: Anderson&#8217;s decision to reject Cuban&#8217;s investment highlights the challenges faced by entrepreneurs when considering external investments. While such investments can provide much-needed capital, they can also introduce complexities and potential conflicts of interest.
Anderson&#8217;s experience also underscores the importance of entrepreneurs being able to provide detailed financial information about their companies. Her inability to provide a detailed revenue breakdown was a significant factor in some Sharks&#8217; decision to drop out.
Despite the setback, Anderson remains optimistic about the future of her company and expressed a desire to work with Cuban in the future. Her experience serves as a reminder to other entrepreneurs of the importance of being prepared and understanding the potential implications of external investments.
Read Next
<a href="https://www.benzinga.com/general/sports/25/01/42803678/mark-cuban-on-selling-dallas-mavericks-stake-i-didnt-want-my-kids-feeling-the-pressure-of-walking-into-my-spot">Mark Cuban on Selling Dallas Mavericks Stake: &#8216;I Didn&#8217;t Want My Kids Feeling the Pressure of Walking Into My Spot&#8217;</a>
Image: Shutterstock

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Dating Coach Shares Why She Walked Away From a Deal With Mark Cuban

<a href="https://www.benzinga.com/topic/snoop-dogg">Snoop Dogg</a> rattled the core of his fan base <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43074504/crypto-firms-donate-millions-to-trump-inaugural-fund-host-unofficial-ball-featuring-snoop-dogg">after performing at the first-ever inaugural Crypto Ball</a> Friday, part of the weekend celebrations leading up to President-elect Donald Trump's Monday inauguration.
The Washington, D.C. event, hosted by <a href="https://www.benzinga.com/topic/david-sacks">David Sacks</a>, former COO of PayPal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) who <a href="https://www.benzinga.com/24/12/42356067/venture-capitalist-david-sacks-appointed-as-white-house-ai-crypto-czar-by-trump" target="_blank" rel="noreferrer noopener">Trump appointed</a> to serve as the White House AI &amp; crypto czar, was attended by about 1,500 people, including executives from crypto companies such as <a href="https://www.benzinga.com/topic/crypto-com">Crypto.com</a>, <a href="https://www.benzinga.com/topic/kraken">Kraken</a> and <a href="https://www.benzinga.com/24/12/42569133/crypto-wallet-provider-exodus-makes-wall-street-debut-shares-pop-37">Exodus</a> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EXOD#AMEX">EXOD</a>), <a href="https://www.reuters.com/world/us/with-cocktails-snoop-dogg-crypto-industry-celebrates-trump-inauguration-2025-01-18/">reported</a> Reuters. 
Trump, who did not attend the gala, is expected to <a href="https://www.benzinga.com/25/01/43073027/trump-plans-crypto-friendly-executive-orders-in-early-days-of-presidency-report">issue executive orders</a> next week aimed at fostering a more favorable environment for cryptocurrency companies. 
<h2 class="wp-block-heading">&#8216;Make Bitcoin Great Again&#8217;</h2>
Swag included &#8220;Make Bitcoin Great Again&#8221; baseball caps and flag pins with the symbol for <a href="https://www.benzinga.com/topic/gemini">Gemini</a>, an event sponsor and crypto exchange founded by Cameron and Tyler Winklevoss. Reuters reported that other sponsors included the digital asset division of Robinhood (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)<a href="https://www.reuters.com/markets/companies/HOOD.O" target="_blank" rel="noreferrer noopener">,</a> MicroStrategy and Crypto.com. 
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43074504/crypto-firms-donate-millions-to-trump-inaugural-fund-host-unofficial-ball-featuring-snoop-dogg">Crypto Firms Donate Millions to Trump Inaugural Fund, Host Unofficial Ball Featuring Snoop Dogg</a>
Snoop, a voracious <a href="https://www.benzinga.com/markets/cannabis/24/07/39733952/snoop-dogg-to-open-weed-stores-in-la-amsterdam-named-after-iconic-smoke-weed-every-day-motto">cannabis consumer</a>, was filmed as the DJ playing songs like Bob Marley's &#8220;Three Little Birds (Don't Worry About a Thing), <a href="https://www.foxnews.com/entertainment/snoop-dogg-wows-trump-inauguration-crypto-ball-bob-marley-song">reported</a> Fox News. He also performed a few of his own tunes, including, &#8220;Drop It Like It's Hot.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BREAKING: Snoop Dogg has gone full-blown <a href="https://twitter.com/hashtag/MAGA?src=hash&amp;ref_src=twsrc%5Etfw">#MAGA</a> performing at Trump's Crypto Ball <a href="https://twitter.com/hashtag/Trump?src=hash&amp;ref_src=twsrc%5Etfw">#Trump</a> <a href="https://twitter.com/hashtag/Inauguration?src=hash&amp;ref_src=twsrc%5Etfw">#Inauguration</a> <a href="https://t.co/g6TH2H0cmD">pic.twitter.com/g6TH2H0cmD</a>
&mdash; Fiona Moriarty (@factswithfiona) <a href="https://twitter.com/factswithfiona/status/1880480621874803051?ref_src=twsrc%5Etfw">January 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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<h2 class="wp-block-heading">Trump Vs. Snoop, Now ‘Love And Respect'</h2>
In a March 2017 video <a href="https://hightimes.com/culture/music/trump-freaks-out-over-snoop-doggs-new-video-and-its-priceless/">made by Snoop Dogg,</a> a character named "Ronald Klump" presented as a clown is shot by Snoop Dogg with a Looney Tunes&#8211;style gun. The mock shooting drove then President Trump straight to his Twitter account where he tweet-stormed Snoop pretty much day and night for at least a week.
Jumping to January 2024, after Trump launched his presidential campaign, the rapper sang his praises. "Donald Trump? He ain&#8217;t done nothing wrong to me,&#8221; he told <a href="https://www.thetimes.co.uk/article/snoop-dogg-i-have-nothing-but-love-and-respect-for-donald-trump-k60k99phr" target="_blank" rel="noreferrer noopener">The Sunday Times</a>. "He pardoned Michael Harris." Harris, the co-founder of Snoop's first label, Death Row, was serving time for drug offenses. "So, I have nothing but love and respect for Donald Trump."
Meanwhile, Snoop's fans seem not to be feeling a lot of love and respect for him right now.
In footage shared by <a href="https://www.instagram.com/p/DE9IUynM67H/?img_index=1">The Shade Room</a> on Instagram, comments ranged from unkind to shocked to furious.
"This is culturally embarrassing and disrespectful asf [as f&#x2A;&#x2A;&#x2A;]," one person wrote.
"Nipsey and Pac would never!!!" said another, referring to the late, beloved rappers <a href="https://www.benzinga.com/markets/cannabis/23/09/35011178/tupac-shakur-murder-suspect-indicted-nearly-three-decades-after-hip-hop-icons-shooting-death">Tupac Shakur</a> and <a href="https://www.benzinga.com/markets/cannabis/23/02/31021050/nipsey-hussles-murderer-sentenced-to-60-years-in-prison-after-months-long-trial">Nipsey Hussle</a>.
"Not a check in the world worth selling my soul to the Devil," another person wrote.
For the pleasure of rubbing shoulders with tech and crypto billionaires at the event that will no doubt solidify Trump as the <a href="https://www.the-independent.com/tech/trump-bitcoin-crypto-president-jd-vance-b2582235.html">self-proclaimed</a> &#8220;first crypto president,&#8221; guests shelled out between $2,500 and $5,000 for tickets. But, there was a $100,000 VIP package that included face time crypto czar Sacks. 
Read Now:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43074649/bitcoin-ethereum-and-dogecoin-spike-on-optimism-over-new-trump-presidency">Bitcoin, Ethereum and Dogecoin Spike on Optimism Over New Trump Presidency</a></li>
</ul>
Image created with a photo from Shutterstock.

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Trump's Crypto Ball: Snoop Dogg's Participation Leaves Fans Furious, Top Crypto Execs Delighted

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