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Finance News

Meta approached AI startup Runway about a takeover bid before Scale deal

Meta approached AI startup Runway about a takeover bid before Scale deal

Finance News

Mustafa Hatipoglu | Anadolu | Getty Images Meta spoke with artificial intelligence startup Runway about a potential takeover ahead of its multibillion-dollar investment in Scale AI, CNBC confirmed on Monday. Runway is best known for its AI video generation tools and earned a spot on CNBC’s Disruptor 50 list earlier this month. The deal talks […]

Meta approached AI startup Runway about a takeover bid before Scale deal Read More »

Amazon launches second batch of Kuiper internet satellites, taking on Elon Musk’s Starlink

Amazon launches second batch of Kuiper internet satellites, taking on Elon Musk’s Starlink

Finance News

An Atlas V rocket of United Launch Alliance (ULA) lifts off from Space Launch Complex 41 at the Kennedy Space Center in Cape Canaveral, Florida on June 23, 2025. Gregg Newton | Afp | Getty Images Amazon‘s second batch of Kuiper internet satellites reached low Earth orbit on Monday, adding to its plans for a

Amazon launches second batch of Kuiper internet satellites, taking on Elon Musk’s Starlink Read More »

Fiserv debuts bank-friendly stablecoin as fintechs join digital dollar race

Fiserv debuts bank-friendly stablecoin as fintechs join digital dollar race

Finance News

Jakub Porzycki | Nurphoto | Getty Images Fiserv is making a big entrance into the stablecoin market. The payments and fintech giant announced on Monday plans to roll out a new blockchain-based digital asset platform anchored by a U.S. dollar-pegged stablecoin called FIUSD — a product it hopes will bring thousands of banks and millions

Fiserv debuts bank-friendly stablecoin as fintechs join digital dollar race Read More »

Bitcoin sinks below ,000 as U.S. strikes on Iran trigger crypto market sell-off

Bitcoin sinks below $99,000 as U.S. strikes on Iran trigger crypto market sell-off

Finance News

Bitcoin fell to its lowest level since May over the weekend, as rising tensions in the Middle East and renewed inflation fears triggered a sharp selloff across digital assets. Bitcoin dropped below the $99,000 mark on Sunday — its lowest point in more than a month — as the crypto market became the first to

Bitcoin sinks below $99,000 as U.S. strikes on Iran trigger crypto market sell-off Read More »

Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing

Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing

Finance News

Returns on Amazon are free and easy for shoppers, but they’re risky and expensive for the small businesses that sell a majority of the goods on the world’s biggest e-commerce site. Returns have driven some sellers to exit the popular Fulfillment by Amazon program, while others told CNBC they’d like to leave the platform altogether.

Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing Read More »

Perplexity AI walked away from potential Meta deal before Zuckerberg’s Scale AI stake

Perplexity AI walked away from potential Meta deal before Zuckerberg’s Scale AI stake

Finance News

Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday. The two companies did not finalize a deal, and Perplexity ultimately walked away from the discussions, according to a source familiar with the matter who asked not to be named because

Perplexity AI walked away from potential Meta deal before Zuckerberg’s Scale AI stake Read More »

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