From $10 billion to zero: How a crypto hedge fund collapsed and dragged many investors down with it
The bankruptcy filing of 3AC, a crypto hedge fund that failed to meet margin calls, set off a domino effect in the market.
CNBC Technology
Chinese EV maker XPeng’s robotics arm raises $100 million to bring robots to households in 2 years
XPeng's focus is still on growing its electric car sales, but the firm has been keeping one eye on the future via spin-off entities in robotics and flying cars.
Twitter says Musk's request to terminate the deal is invalid
Twitter's attorney said on Monday that Elon Musk's effort to scrap his acquisition is invalid.
Amazon's smart grocery carts are coming to some Whole Foods stores
The Dash Cart, introduced in 2020, tracks and tallies up items as shoppers place them in the cart, enabling them to skip the checkout line.
Twitter shares sink 11% after Elon Musk terminates $44 billion deal
Twitter shares sank sharply after Elon Musk said he is trying to terminate his $44 billion takeover of the company.
Elon Musk faces a long legal war with Twitter, which has the upper hand
If Twitter files a lawsuit against Elon Musk in response to his move to break up the deal, the parties are likely to face a long legal battle ahead.
You can test Apple's big new iPhone update now, here's how
Apple released the first iOS 16 public beta on Monday. It allows users to customize iPhone's lock screen, unsend and edit iMessages and schedule emails.
8 ways the Elon Musk-Twitter saga could end
Here are eight possible resolutions to the Elon Musk-Twitter saga.
Klarna valuation plunges 85% to $6.7 billion as 'buy now, pay later' hype fades
Klarna said it raised $800 million in fresh funding at a $6.7 billion valuation — down sharply from $45.6 billion a year ago.
U.S. health laws don't always protect abortion information, but new bills could fill the gaps
Here are some federal and state measures that seek to fill in the gaps HIPAA doesn't cover in protecting reproductive health information.
Elon Musk has been expressing buyer's remorse over Twitter for months
Elon Musk's effort to abandon his deal for Twitter isn't surprising given his commentary about the company in the last couple months.
Elon Musk notifies Twitter he is terminating deal
"Twitter has not complied with its contractual obligations," an attorney for Musk wrote.
Bitcoin heads toward best week since October as crypto collapse stabilizes
Bitcoin is heading for its best week since October as investors look to put crypto's current liquidity crisis behind them.
Google reportedly offered to spin off ad business into new Alphabet segment to ward off lawsuit
Google offered to split parts of its ad business into a separate company under its parent Alphabet, The Wall Street Journal reported on Friday.
Verizon's giving free phones to people who are still using its old network
Verizon is sending free 4G flip phones to customers who are still on its 3G network.
NFL will select new Sunday Ticket partner by fall, Commissioner Roger Goodell says
The NFL plans to choose a winning bidder for Sunday Ticket by the fall, Commissioner Roger Goodell said Friday.
WWE's Vince McMahon paid more than $12 million to settle sexual misconduct allegations, report says
WWE's Vince McMahon paid $12 million to four women over the last 16 years., the Wall Street Journal reported.
Embattled crypto lender Celsius is a 'fraud' and 'Ponzi scheme,' lawsuit alleges
Celsius artificially inflated the price of its own digital coin, failed to hedge risk and engaged in activities that amounted to fraud, a lawsuit alleges.
Volkswagen CEO says EV outlook is ‘very good,’ expects to reduce delivery times this year
VW's electrification plans put it in direct competition with companies like Elon Musk's Tesla.
Samsung's 'better than feared' earnings spur chip stock rally
Samsung's second quarter earnings guidance, which provided relief for investors, helped drag up shares of chipmakers TSMC, UMC and SK Hynix.
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