FTX estimates that it owes creditors around $11.2 billion. FTX said it has between $14.5 billion and...
British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions
4 min read
TS Anil, CEO of Monzo, told CNBC his firm plans to use the cash to build new...
Big Tech is eating as much data as it can to win in AI — but it’s not ‘winner takes all,’ CEO says
4 min read
Microsoft, Amazon and Google are spending billions on AI. But Appian CEO Matt Calkins says that ensuring...
U.S. revokes some export licenses to sell chips to Huawei in a bid to curb China’s tech power
3 min read
Huawei's consumer business is seeing a resurgence after the launch of the Mate 60 Pro smartphone in...
ChatGPT-like artificial intelligence is speeding up research and bringing humanoid robots closer to reality in China, home...
Tesla must provide NHTSA with Autopilot recall data by July or face up to $135 million in fines
2 min read
The National Highway Traffic Safety Administration is pressing Tesla for answers about updates to the company's Autopilot...
Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump...
Robyn Denholm, who joined Tesla's board a decade ago, sold $17.3 million in stock, according to a...
Hungryroot, a 9-year-old startup in New York, is trying to deliver precise portions to users to cut...
These are the first new iPad models Apple has released since October 2022.
China’s Ant Group doubles down on global expansion with cross-border payments offering Alipay+
3 min read
Ant introduced Alipay+ in 2020, allowing foreigners to use certain mobile payment apps from their home countries...
The criminal judgment of bitcoin billionaires Changpeng Zhao and Sam Bankman-Fried was completed this week, the final...
Apple remains Buffett’s biggest public stock holding, but his thesis about its moat faces questions
6 min read
Berkshire Hathaway has been amassing a stake in Apple since 2016, and now owns about 6% of...
Apple’s falling iPhone sales don’t bother Wall Street so long as margins, buybacks are increasing
3 min read
Apple shares jumped after the company's earnings report on Thursday even though iPhone sales dropped more than...
A top fund manager focusing on tech says Tesla's Full Self Driving product lacks qualities that would...
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback...
AI engineers report burnout and rushed rollouts as ‘rat race’ to stay competitive hits tech industry
10 min read
AI engineers report burnout and rushed rollouts as ‘rat race’ to stay competitive hits tech industry
AI workers across the tech industry told CNBC that the pressure to roll out features and products...
Investor expectations are low and Apple could surpass them even if sales growth is weak.
The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation...
In a statement Thursday, UMG said the new licensing deal would lead to the return of its...
