Apple stops selling some Apple Watches on website over patent dispute

An Apple Watch Ultra 2 device is displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Images Apple has stopped selling the Apple Watch Series 9 and Apple Watch Ultra 2 smartwatches on its U.S. website, CNBC checks … Read more

OpenAI rival Anthropic in talks to raise $750 million funding round

Omar Marques | Lightrocket | Getty Images Anthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to raise a $750 million funding round led by Menlo Ventures, a person with direct knowledge of the matter told CNBC. The round would value Anthropic at up to $18.4 billion, per the source familiar — nearly … Read more

Electric scooter company Bird files for bankruptcy

A banner for electric scooter rental company Bird is displayed outside of the New York Stock Exchange as the company goes public via a SPAC on Nov. 5, 2021. Spencer Platt | Getty Images The electric scooter company Bird, once valued at $2.5 billion by investors, filed for Chapter 11 bankruptcy protection in Florida federal … Read more

Apple fails in bid to delay Apple Watch sales ban

The Apple Watch Ultra 2 is seen as people lined up to buy the newly launched iPhone 15 and other Apple products at an Apple store in Palo Alto, California, on Sept. 22, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Apple has lost a bid to delay an impending Apple Watch import ban, … Read more

‘It’s always in people’s minds’

Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023.  Abhirup Roy | Reuters Marko Sustic has bet big on Tesla this year. The investor, who also happens to work in the European auto industry, bought Tesla shares nearly … Read more

AI cannot be named as an ‘inventor,’ top UK court says in patent dispute

Middlesex guildhall is home of Supreme Court of United Kingdom. David Bank | Moment | Getty Images Artificial intelligence cannot be listed as an inventor on a patent application, the U.K.’s highest court ruled Wednesday, in a decision likely to have a significant impact as AI tools grow in use. The case originated with two … Read more

Apple resolves outage affecting its payment features

Several of Apple’s payment features, including Apple Pay, were down for a period of time Wednesday morning, according to Apple’s system status page. Apple Card, Cash, Pay and Wallet outages occurred from 6:15 a.m. to 6:49 a.m. for some users, however the company’s system status page was not updated to reflect the fix until about … Read more

The unlikely return of the Airbus A380 superjumbo jet

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Airbus ended production of its A380 double decker plane in 2021. When the pandemic grounded most of the world’s passenger planes, some thought it was the end of the massive jet. But post-pandemic, the A380 superjumbo is experiencing a comeback. CNBC explores … Read more

Venture capital firms expect fundraising in Southeast Asia to pick up in 2024

Smart farm and Automatic robot mechanical arm harvesting vegetables Vithun Khamsong | Moment | Getty Images Venture capital firms in Southeast Asia expect fundraising to pick up in 2024, but tech firms need to demonstrate “clear” and “viable” paths to profitability. Global macro headwinds such as inflation and high cost of capital have plunged deployment … Read more

SEC charges ex-CEO of Stimwave with fraud, says some devices were fake

The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters Laura Tyler Perryman, co-founder and former CEO of the medical device startup Stimwave Technologies, was charged with allegedly defrauding investors out of $41 million by making “false and misleading” statements about one of … Read more