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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

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

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

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

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Chip stocks fall on report U.S. could terminate waivers for Taiwan Semi and others

Chip stocks fall on report U.S. could terminate waivers for Taiwan Semi and others

A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Semiconductor stocks declined Friday following a report that the U.S. is weighing measures that would terminate

Chip stocks fall on report U.S. could terminate waivers for Taiwan Semi and others Read More »

Tesla inks first deal to build China’s largest grid-scale battery power plant

Tesla inks first deal to build China’s largest grid-scale battery power plant

Tesla Inc. Megapack batteries at the Victorian Big Battery site operated by Neoen SA in Moorabool, Victoria, Australia, on Friday, Feb. 3, 2023. Elon Musk helped accelerate a transformation of Australias electricity grid to replace fossil fuels with clean power now it’s a testing ground for global climate action. Photographer: Carla Gottgens/Bloomberg via Getty Images

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Meta, EssilorLuxottica unveil Oakley smart glasses

Meta, EssilorLuxottica unveil Oakley smart glasses

Meta and EssilorLuxottica on Friday unveiled a new line of Oakley smart glasses that include the social media company’s artificial intelligence assistant.  The Oakley Meta HSTN, as the glasses are known, is the latest product borne from a multiyear partnership between the two companies.  The HSTN smart glasses – which are pronounced how-stun – are

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Meta tried to buy Ilya Sutskever’s  billion AI startup, but is now planning to hire its CEO

Meta tried to buy Ilya Sutskever’s $32 billion AI startup, but is now planning to hire its CEO

When Meta CEO Mark Zuckerberg poached Scale AI founder Alexandr Wang last week as part of a $14.3 billion investment in the artificial intelligence startup, he was apparently just getting started. Zuckerberg’s multibillion-dollar AI hiring spree has now turned to Daniel Gross, the CEO of Ilya Sutskever’s startup Safe Superintelligence, and former GitHub CEO Nat

Meta tried to buy Ilya Sutskever’s $32 billion AI startup, but is now planning to hire its CEO Read More »

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