Bitcoin miner Riot Platforms raked in $31.7 million in energy credits from Texas power grid operator ERCOT in August.
Category: Technology
Warner Bros. Discovery CEO David Zaslav says writers, actors strikes need to end as media industry is in a transitional moment
The media industry needs to do everything it can to end the writers and actors strike, Warner Bros. Discovery CEO David Zaslav said Wednesday.
U.S. electric carmaker Lucid is exploring China entry; confirms mass market models ahead
Lucid is exploring selling its cars in China but has no timeline for when it will enter the world’s largest electric car market, a top executive told CNBC.
Tencent releases AI model for businesses as competition in China heats up
Dowson Tong, CEO of the cloud and smart industries group at Tencent, spoke with CNBC’s Emily Tan in an exclusive interview ahead of a big AI reveal.
Cruise disputes claim that its autonomous vehicle delayed first responders
Cruise is pushing back against an accusation that one of the company’s autonomous vehicles delayed an ambulance after a deadly accident.
Instacart’s IPO filing sparked an online spat between cloud rivals Snowflake and Databricks
After Instacart published its IPO prospectus on Monday, a disclosure regarding the company’s use of Snowflake technology created an unexpected controversy.
Spectrum owner Charter calls pay-TV model broken as it battles Disney over blackout
Charter’s customers lost access to Disney networks late Thursday as the two companies battle over contract fees and the pay-TV model.
Dell has best day on stock market since its relisting in 2018 after earnings sail past estimates
Dell shares surged more than 20% on Friday after the company reported better-than-expected earnings and revenue.
Charter puts media companies on notice in bid to save pay-TV bundle
Charter Communications CEO Chris Winfrey wants to find a way for the pay-TV bundle to live, but content companies have to get on board.
Amazon loses One Medical CEO a year after acquiring primary care provider
Amazon announced in July 2022 that it would acquire One Medical for roughly $3.9 billion, the third-largest deal in its history.