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Coffee at 30 cents is the latest gimmick in China’s billion-dollar ‘instant commerce’ price war

Coffee at 30 cents is the latest gimmick in China’s billion-dollar ‘instant commerce’ price war

A Meituan food delivery courier rides an electric scooter in Chongqing, China, on March 29, 2025. Cheng Xin | Getty Images News | Getty Images In China’s fiercely competitive market, the latest price war is playing out in the growing “instant commerce” sector, where companies are launching massive subsidies and other incentives to get consumers […]

Coffee at 30 cents is the latest gimmick in China’s billion-dollar ‘instant commerce’ price war Read More »

Samsung launches three new foldable smartphones as it fends off Chinese rivals

Samsung launches three new foldable smartphones as it fends off Chinese rivals

The Galaxy Z Fold 7 is super thin, measuring just 8.9 millimeters when closed and 4.2 millimeters when unfolded. Ryan Browne | CNBC Samsung on Wednesday launched three new folding smartphones — including thinner top-end devices and a cheaper version of its flip phone — as the tech giant looks to entice buyers to make the

Samsung launches three new foldable smartphones as it fends off Chinese rivals Read More »

Google hires Windsurf CEO Varun Mohan, others in .4 billion AI talent deal

Google hires Windsurf CEO Varun Mohan, others in $2.4 billion AI talent deal

Chief executive officer of Google Sundar Pichai. Marek Antoni Iwanczuk | Sopa Images | Lightrocket | Getty Images Google on Friday made the latest a splash in the AI talent wars, announcing an agreement to bring in Varun Mohan, co-founder and CEO of artificial intelligence coding startup Windsurf. As part of the deal, Google will

Google hires Windsurf CEO Varun Mohan, others in $2.4 billion AI talent deal Read More »

Tron’s Justin Sun says he’s buying another 0 million of Trump’s memecoin

Tron’s Justin Sun says he’s buying another $100 million of Trump’s memecoin

Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020. Calvin Sit | Bloomberg | Getty Images Crypto billionaire Justin Sun is buying another $100 million worth of $TRUMP, doubling his total known stake of digital coins tied to President Donald Trump. Sun, who founded the TRON blockchain

Tron’s Justin Sun says he’s buying another $100 million of Trump’s memecoin Read More »

TikTok loses bid to dismiss lawsuit alleging its ‘addictive design’ exploits kids

TikTok loses bid to dismiss lawsuit alleging its ‘addictive design’ exploits kids

FILE PHOTO: TikTok app logo is seen in this illustration taken, August 22, 2022.  Dado Ruvic | Reuters A judge this week rejected TikTok’s attempt to dismiss a lawsuit by the state of New Hampshire accusing it of using manipulative design features aimed at children and teens. “The Court’s decision is an important step toward

TikTok loses bid to dismiss lawsuit alleging its ‘addictive design’ exploits kids Read More »

Nvidia’s Jensen Huang sells more than  million in stock, catches Warren Buffett in net worth

Nvidia’s Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker,

Nvidia’s Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth Read More »

Intel spins out AI robotics company RealSense with  million raise

Intel spins out AI robotics company RealSense with $50 million raise

Brian Krzanich, chief executive officer of Intel Corp., right, shows the collision avoidance feature of an AscTec Firefly drone with Intel RealSense cameras during the 2015 Consumer Electronics Show (CES) in Las Vegas, Nevada. Patrick T. Fallon | Bloomberg | Getty Images Intel is spinning out its artificial intelligence robotics and biometric venture as more

Intel spins out AI robotics company RealSense with $50 million raise Read More »

Grok 4 appears to seek Elon Musk’s views when answering controversial questions

Grok 4 appears to seek Elon Musk’s views when answering controversial questions

The X logo on a phone. Nurphoto | Nurphoto | Getty Images When xAI’s Grok 4 chatbot was launched on Wednesday, users and media outlets quickly began pointing out examples of it consulting its owner Elon Musk’s views on controversial matters.  CNBC was able to confirm that when asked to take a stance on some

Grok 4 appears to seek Elon Musk’s views when answering controversial questions Read More »

Linda Yaccarino briefly loses verified X checkmark after stepping down as CEO

Linda Yaccarino briefly loses verified X checkmark after stepping down as CEO

X Corp’s CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024.  Nathan Howard | Reuters Ex-X CEO Linda Yaccarino is still @lindayaX on the social media site, but she briefly lost the blue checkmark next to her account

Linda Yaccarino briefly loses verified X checkmark after stepping down as CEO Read More »

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