In this article BTC.CM= Bitcoin on a mound of gold. bodnarchuk | iStock Editorial | Getty Images A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency prices. The price of bitcoin fell to a two-week low Tuesday after Russian President Vladimir Putin ordered troops into Donetsk and Luhansk,
Technology
Rep. Suzan DelBene, D-Wash. San Francisco Chronicle/Hearst Newspapers via Getty Images | Hearst Newspapers | Getty Images A bipartisan group of 30 lawmakers is urging President Joe Biden to push European leaders to alter language in their proposed Digital Markets Act so that it does not unfairly target U.S. tech companies. In a letter sent
In this article AMZN Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon on Tuesday filed a lawsuit against two companies that allegedly acted as “fake review brokers.” The lawsuits filed in King
Donald Trump’s social media app “Truth Social” in Apple’s App Store on an iPhone 12. Christoph Dernbach | Picture Alliance | Getty Images Truth Social, a new social media platform backed by former President Donald Trump, sat at the top of Apple’s free apps download charts as of Tuesday morning. The platform unveiled a soft
In this article TATAPOWER-IN RWE-DE This image shows onshore wind turbines in Gujarat, India. Shiv Mer | Istock | Getty Images German energy giant RWE and India’s Tata Power on Monday announced a collaboration that will focus on developing offshore wind projects in India. The firms said a memorandum of understanding relating to the plans
A Tesla Model S car equipped with Autopilot David Paul Morris | Bloomberg | Getty Images Tesla’s automated lane changing system, known as Autopilot, is being probed by German regulators, newspaper Bild am Sonntag reported Sunday, citing a spokesperson for the agency. The Kraftfahrt-Bundesamt (Federal Motor Transport Authority) is reportedly assessing whether the technology, which
In this article BTC.CM= Thomas Trutschel | Photothek | Getty Images Bitcoin may not see a bull market until late 2024 or the beginning of 2025, if past price cycles are any indication, according to the co-founder of Huobi, one of the world’s largest cryptocurrency exchanges. Du Jun told CNBC that bitcoin bull markets are
DENVER — The Denver Broncos are up for sale, and a group of crypto enthusiasts is aiming to raise more than $4 billion using a decentralized autonomous organization, or DAO, to make it their own. You can think of a DAO like a group of individuals acting in concert with no single leader. Unlike a
In this article AMZN In this Feb. 21, 2020 photo, Dilip Kumar, vice president of physical retail and technology for Amazon, poses for a photo inside an Amazon Go Grocery store set to open soon in Seattle’s Capitol Hill neighborhood. Ted S. Warren | AP Amazon has spent almost three decades perfecting the art of
In this article TSLA Elon Musk, chief executive officer of Tesla Inc., speaks to members of the media while departing from federal court in New York, U.S., on Thursday, April 4, 2019. Natan Dvir | Bloomberg | Getty Images The Securities and Exchange Commission submitted a letter to a federal judge on Friday responding to
Bobby Kotick, chief executive officer of Activision Blizzard, attends the Allen & Company Sun Valley Conference on July 10, 2019, in Sun Valley, Idaho. Drew Angerer | Getty Images Microsoft first reached out to game publisher Activision Blizzard about a possible tie-up the same week a media report landed asserting that Activision CEO Bobby Kotick
In this article GOOGL British artificial intelligence scientist and DeepMind CEO Demis Hassabis. OLI SCARFF | AFP | Getty Images Scientists at DeepMind have found another real-world application for their artificial intelligence software. The London-based AI lab, which is owned by Alphabet, announced Wednesday that it has trained an AI system to control and sculpt
In this article ROKU Anthony Wood David Orrell | CNBC Roku shares fell as much as 12% in extended trading on Thursday after the video-streaming company issued fourth-quarter revenue and first-quarter revenue guidance that came in below consensus. Here’s how the company did: Earnings: 17 cents per share, adjusted, vs. 9 cents per share as
In this article MMAT Nick Clegg speaks on stage during the DLD (Digital Life Design) innovation conference. Lino Mirgeler | picture alliance via Getty Images Nick Clegg, once the second most powerful man in Britain, is now one of the most powerful people at Meta, the company formerly known as Facebook. Meta CEO Mark Zuckerberg
Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei. Tyrone Siu | Reuters Nvidia reported fourth-quarter earnings and sales on Wednesday that beat analyst expectations and provided a strong outlook for the current quarter. The stock fell over 1% in extended trading. Here’s how the chipmaker did
Virtual reality is seen as a key technology for the metaverse. Chinese technology companies are starting to explore metaverse applications. Kevin Frayer | Getty Images A Chinese industry body designed to develop the country’s metaverse applications has added a new batch of companies as it pushes ahead with the latest technology craze. The metaverse does