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A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin’s price slumped to around $57,000 apiece Thursday, hitting a two-month low after the U.S. Federal Reserve released minutes from its June meeting indicating the central bank

TIANJIN, CHINA – JUNE 20: A humanoid robot Xiao Qi is on display during the 2024 World Intelligence Expo at the National Convention and Exhibition Center (Tianjin) on June 20, 2024 in Tianjin, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images China dominates the global race in generative

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT A logo sits illuminated at the Microsoft booth in the Mobile World Congress 2024 in Barcelona on Feb. 26, 2024. Xavi Torrent | Getty Images News | Getty Images Microsoft is paying $14.4 million to settle a case in California over allegations that the company

BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Images News | Getty Images Chinese electric vehicle startup BYD is on track to overtake Tesla in battery electric vehicle sales this year, with its BEV market share expected to surge,

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Brand-new Tesla cars sit parked at a Tesla dealership on May 31, 2024, in Corte Madera, California. Justin Sullivan | Getty Images Tesla on Tuesday posted its second-quarter vehicle production and deliveries numbers for 2024. Here are the key numbers: Total deliveries Q2 2024: 443,956 vehicles Total production

In this article USDC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency firm Circle said Monday it’s now registered as an electronic money institution, or EMI, in France,

The aerial view reveals the mutual benefits of combining solar energy production and agricultural land use. Farmers can lease their land to solar energy developers, diversifying their income streams while maintaining agricultural activities on the remaining areas. This symbiotic relationship supports sustainable development by reducing greenhouse gas emissions and promoting renewable energy adoption. Shih-wei |

Users of collapsed bitcoin exchange Mt. Gox have been trying to get their money back for a decade. From the beginning of July, the company will begin paying users back their funds. Kiyoshi Ota | Bloomberg | Getty Images Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago after a major

Joseph Lubin, co-founder of Ethereum and CEO of blockchain firm ConsenSys. Riccardo Savi | Getty Images for Concordia Summit Crypto firm Consensys has been added to the SEC’s list of targets, as the regulator continues its industrywide crackdown. The Securities and Exchange Commission on Friday sued Consensys in federal court in Brooklyn, New York, over

Pedestrians pass the Nasdaq MarketSite in New York, US, on Tuesday, Jan. 2, 2024. Michael Nagle | Bloomberg | Getty Images Silicon Valley is known for producing tech businesses that start in garages and turn into massive publicly traded companies ubiquitously known across the globe. From Oracle and Microsoft to Google and Facebook, the public

Honor CEO George Zhao (L) and GSMA CEO John Hoffman on stage at Shanghai Mobile World Congress during an awards ceremony on June 27, 2024. Honor HANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of Chinese smartphone company Honor, George Zhao, told CNBC in

Whinstone CEO Chad Harris takes CNBC on a tour of the largest bitcoin mine in North America. Crypto companies are suddenly at the center of deal-making. The catalyst is artificial intelligence. Bitcoin mining companies have expansive data centers, with access to fiber lines and large amounts of power across the U.S. They’re exactly the types

In this article GOOG Follow your favorite stocksCREATE FREE ACCOUNT Josh Edelson | AFP | Getty Images Google is testing facial recognition technology for office security “to help prevent unauthorized individuals from gaining access to our campuses,” according to a description of the program that was viewed by CNBC. The initial test is taking place

In this article SE Follow your favorite stocksCREATE FREE ACCOUNT BRAZIL – 2022/03/22: In this photo illustration, a woman’s silhouette holds a smartphone with a Shopee logo in the background. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) Rafael Henrique | Sopa Images | Lightrocket | Getty Images Shopee and its courier service Shopee

In this article SOL.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Cryptocurrencies rose broadly, a day after bitcoin slumped to under $60,000 for the first time since early May, leading to a broad sell-off in crypto assets. Bitcoin advanced more than 3% on Tuesday to $61,741.78, according to Coin Metrics. The move coincided

In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT Oracle CEO Safra Catz, center, departs following a meeting on Capitol Hill in Washington on June 18, 2024. Chief executives from major companies including Palantir Technologies and Oracle Corp. met with senators at the Capitol Tuesday to press for US support of Israel amid its

In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT A photo illustration depicting the cryptocurrency bitcoin. Jakub Porzycki | NurPhoto via Getty Images Bitcoin continued its descent to $60,000 on Monday. The price of the flagship cryptocurrency was last down by more than 4% at $61,211.00, according to Coin Metrics. Earlier, it fell to

GUANGZHOU, CHINA – NOVEMBER 17: A GAC Aion Hyper SSR electric sports car is on display during the Auto Guangzhou 2023 at China Import & Export Fair Pazhou Complex on November 17, 2023 in Guangzhou, Guangdong Province of China. (Photo by Chen Yihang/VCG via Getty Images) Vcg | Visual China Group | Getty Images China

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024.  David Paul Morris | Bloomberg | Getty Images Apple said Friday it won’t release three recently announced features,

Elon Musk speaking during the Tesla Annual Shareholder’s meeting in Austin, Texas on June 13th, 2024.  Source: Tesla Inc.  Tesla’s hefty downsizing in 2023 has reduced its global headcount to just over 121,000 people, including temps, internal records suggest, indicating that the automaker has slashed more than 14% of its workforce so far this year.