Tag Archives: CNBC

Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help

Microsoft said Delta turned down several offers for help during the flight disruptions following the outage.

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Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover

The company formerly known as Twitter filed the lawsuit against the World Federation of Advertisers and member companies Unilever, Mars, CVS Health and Orsted.

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Elon Musk slammed by government after comments on UK riots

The U.K. government hit back at Elon Musk after the billionaire made controversial comments about far-right riots taking place across the country.

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China launches its rival to Elon Musk’s Starlink internet satellites

By 2025, China is aiming to deploy 648 satellites of the “Thousand Sails Constellation” to create global internet coverage, according to state media CCTV.

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Crytpo ETFs get first major test after $370 billion market sell-off

The huge plunge in the crypto market on Monday will test the resolve of investors new to the market through spot ETFs.

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Bitcoin miner Core Scientific rides AI from bankruptcy to $6.7 billion partnership in eight months

Bitcoin miner Core Scientific is expanding its AI business through a $6.7 billion partnership with cloud company CoreWeave.

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Abnormal Security, valued at $5.1 billion amid email security push, eyes eventual IPO

Cybersecurity company Abnormal Security announced Tuesday it has raised $250 million in a Series D funding round that values the firm at $5.1 billion.

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Bitcoin rises slightly as crypto and other risk assets look to rebound from sell-off

Cryptocurrencies on Tuesday recovered some of the previous day’s losses after bitcoin briefly fell under $50,000 for the first time in six months.

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Uber reports better-than-expected results for second quarter

Uber reported earnings and revenue that topped estimates for its second quarter.

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OpenAI co-founder John Schulman says he will leave and join rival Anthropic

Schulman said OpenAI executives remain committed to backing efforts to ensure that people can control highly capable artificial intelligence models.

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