Technology

Joseph Lubin, co-founder of Ethereum and CEO of blockchain firm ConsenSys. Riccardo Savi | Getty Images for Concordia Summit Crypto firm Consensys has been added to the SEC’s list of targets, as the regulator continues its industrywide crackdown. The Securities and Exchange Commission on Friday sued Consensys in federal court in Brooklyn, New York, over

Users of collapsed bitcoin exchange Mt. Gox have been trying to get their money back for a decade. From the beginning of July, the company will begin paying users back their funds. Kiyoshi Ota | Bloomberg | Getty Images Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago after a major

Amazon will double the value of credits it offers some startups to use its cloud infrastructure, CNBC has learned, as the company faces heightened competition from Microsoft in artificial intelligence services. Starting July 1, startups that have raised a Series A round of funding in the past year will be eligible for $200,000 in credits

The news industry just gained a powerful ally in its effort to take on OpenAI. The Center for Investigative Reporting, the country’s oldest nonprofit newsroom, sued OpenAI and lead backer Microsoft in federal court on Thursday for alleged copyright infringement, following similar suits from publications including The New York Times, Chicago Tribune and the New

Then-president-elect Donald Trump shakes the hand of Peter Thiel during a meeting with technology executives at Trump Tower, December 14, 2016 in New York City. Getty Images Peter Thiel, once one of Donald Trump’s major financial backers in the tech industry, said Thursday that even though he’s not providing money to the Republican presumptive nominee’s

Budrul Chukrut | Lightrocket | Getty Images OpenAI and Time magazine on Thursday announced a “multi-year content deal” that will allow OpenAI to access current and archived articles from more than 100 years of Time’s history. The Microsoft-backed startup will be able to display Time’s content within its ChatGPT chatbot in response to user questions, according

Sanjay Mehrotra, Micron Technology President & CEO at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica | CNBC Micron shares fell about 7% in extended trading on Wednesday as investors looked past better-than-expected results and focused instead on a revenue forecast that was in line with estimates. Here’s how the company did versus

The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters Global semiconductor stocks saw volatile trading Tuesday after a slump in shares of Nvidia during the previous session. Shares of chip firms in Europe and Asia fell in early trade as investors reacted to

Cryptocurrencies rose broadly, a day after bitcoin slumped to under $60,000 for the first time since early May, leading to a broad sell-off in crypto assets. Bitcoin advanced more than 3% on Tuesday to $62,103.90, according to Coin Metrics. The move coincided with a rebound in Nvidia and the Nasdaq Composite, both of which in

An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024.  Angus Mordant | Bloomberg | Getty Images Amazon‘s Prime Day mega sale event will return on July 16 and 17, the company announced Tuesday. Like in previous years, Amazon said the event will feature millions

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.  Jason Redmond | AFP | Getty Images OpenAI has reversed its policies toward secondary share sales, and will now allow current and former employees to participate equally in annual tender offers, CNBC has learned. The

A photo illustration depicting the cryptocurrency bitcoin. Jakub Porzycki | NurPhoto via Getty Images Bitcoin continued its descent to $60,000 on Monday. The price of the flagship cryptocurrency was last down by more than 4% at $61,211.00, according to Coin Metrics. Earlier, it fell to $60,666.30, its lowest level in more than a month. In

French founder of artificial intelligence startup Mistral AI, Arthur Mensch, attends the Viva Technology show at Parc des Expositions Porte de Versailles in Paris, France, on May 22, 2024. Chesnot | Getty Images Entertainment | Getty Images Most of the top-funded generative artificial intelligence companies in Europe were founded by entrepreneurs with experience at U.S.

Jakub Porzycki | Nurphoto | Getty Images OpenAI competitor Anthropic on Thursday announced Claude 3.5 Sonnet, its most powerful artificial intelligence model yet. Claude is one of the chatbots that, like OpenAI’s ChatGPT and Google‘s Gemini, has exploded in popularity in the past year. Anthropic, which was founded by ex-OpenAI research executives, has backers including Google, Salesforce and Amazon.

Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024.  David Paul Morris | Bloomberg | Getty Images Apple said Friday it won’t release three recently announced features, including its flagship “Apple Intelligence” AI product, in the European

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the four leading global brands at the end of 2023, according to consulting firm Interbrand. They’re are also four of the world’s five most valuable companies.