In January, U.S. bitcoin miner Core Scientific was bankrupt and battling angry lenders. Since its return to the stock market that month, the share price is up 140% as the company aggressively goes after building a business in artificial intelligence. On Tuesday, the mining firm announced an expanded deal worth $6.7 billion with CoreWeave, an Nvidia-backed startup that’s one
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Sony’s PlayStation 5. Thiago Prudencio | Lightrocket | Getty Images Sony on Wednesday reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations after seeing strong growth in its gaming, music and imaging chip businesses. Here’s how Sony did in the June quarter, versus LSEG consensus estimates: Revenue: 3.01 trillion Japanese
House prices rose by 0.8% in July following three flat months for the market, according to one of the UK’s biggest mortgage lenders. Halifax said the average cost of a home rose by more than £2,200 to £291,268 last month, when compared with June. The month-on-month increase was bigger than expected. Economists had forecast a
Legendary Hollywood producer and agent Jay Kanter has died at the age of 97. Kanter represented some of the biggest names ever to appear on the silver screen, including Marilyn Monroe and Marlon Brando, who became a life-long friend. A spokesperson for Independent Artist Group said Kanter died peacefully of natural causes at his home
ESPN News Services Aug 6, 2024, 07:32 PM ET Open Extended Reactions PARIS — Kellie Harrington beat Yang Wenlu of China by split decision in the final of the lightweight category at the Paris Olympics on Tuesday to retain her crown and become the first Irish boxer to win back-to-back gold medals. After clinching victory,
The all-electric Jeep Compass is finally coming. Jeep plans to reveal the electric Compass before the end of the year ahead of a 2025 launch in Europe. Here’s what we know about the new electric SUV so far. Jeep plans to revamp the rugged SUV brand in the electric era. Under parent company Stellantis’ wing,
Omar Marques | Lightrocket | Getty Images Bitcoin and ether are gaining back ground after falling to their lowest level in six months on Monday in the first major test of the recently launched crypto exchange-traded funds. As of early Monday, roughly $370 billion dollars had been wiped off the market cap of all digital
In this article IBM CRWD MSFT DAL Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Microsoft fired back at Delta Air Lines on Tuesday after the carrier said it would seek damages from the software
A major NHS IT provider faces a penalty of just over £6m for failures which led to a cyber attack and the theft of nearly 83,000 medical records. The Information Commissioner’s Office (ICO) has been investigating Advanced, which supplies vital systems for the health service, since the breach on 4 August 2022. The cyber attack
Billionaire media baron Elon Musk is engaged in a war of words with Sir Keir Starmer over the role social media has played in riots around the UK. The X owner began to retweet posts a few days after the Southport stabbings and after the prime minister fired a warning shot to social media companies
Parliament in Bangladesh has been dissolved after its 15-year leader fled the country and resigned following weeks of protests against her government. President Mohammed Shahabuddin dissolved parliament on Tuesday, clearing the way for new elections to be held. It comes after weeks of violent protests which resulted in more than 300 people being killed and
The all-electric Porsche Macan is almost here. Ahead of deliveries later this year, the Porsche Macan EV was spotted in the US rolling down palm tree-filled streets. Check out the video below. Porsche unveiled the electric version of its sporty SUV in January. The Porsche Macan EV is Porsche’s second all-electric model, following the Taycan.
Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Hamad I Mohammed | Reuters Saudi state oil giant Aramco reported $29.1 billion in net profit for the second quarter, a dip of just over 3% from the same period
Student leaders in Bangladesh have called for the formation of a new interim government with Nobel Peace laureate Muhammad Yunus as its chief adviser, as protest coordinators are set to meet the country’s army chief on Tuesday morning. It comes as Bangladesh‘s prime minister Sheikh Hasina, 76, resigned on Monday and fled to India after
CEO of Alphabet and Google Sundar Pichai meets Polish Prime Minister at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images A federal U.S. judge ruled Monday that Google has illegally held a monopoly in two market areas: search and text advertising. The landmark case from the government
2024 Lexus RZ 450e Premium in Iridium (Source: Lexus) Toyota’s luxury Lexus brand will play a key role in the Japanese automaker’s EV plans. After opening its new global headquarters, Lexus is embracing an “ajimigaki” strategy to revamp the luxury brand. If you ask Google Translate, the Japanese term ajimigaki means “taste refinement” in English.
Google illegally maintained an online search monopoly, a US court has said, in one of the biggest rulings against the company’s market dominance. The tech giant has been successfully sued in federal court by the US Justice Department and states which argued it remained the most used internet search engine by paying smartphone makers billions
Juanlu Sanchez came off the bench to fire Spain to a record-equaling fifth Olympic men’s soccer final on Monday. Sanchez struck in the 85th minute at Stade de Marseille to seal a 2-1 win over Morocco and set up a final against either France or Egypt. Morocco led 1-0 at half-time after the tournament’s leading
Michael Moritz, Sequoia Capital Scott Mlyn | CNBC As leading tech investors continue to vocally take sides ahead of the 2024 presidential election, legendary venture capitalist Michael Moritz is making his preference clear. In a Financial Times opinion piece published Monday, Moritz wrote that those in the industry who are supporting Donald Trump “are making
All footage from the incident at Manchester Airport where a police officer kicked and stamped on a man’s head should be retained, a lawyer representing the family has said. Solicitor Aamer Anwar alleged during a news conference on Tuesday that an “incomplete series of events” had been portrayed two weeks since the incident at Terminal
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