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Bitcoin (BTC) price surges to top $20,000 even as stocks hit 2022 lows

Bitcoin continues to trade in a tight range of $18,000 to $25,000 mark, keeping investors on edge about where the price is going next. The crytpo market has been plagued with a number of issues from collapsed projects to bankruptcies. Nurphoto | Getty Images Bitcoin topped $20,000 on Tuesday, hitting …

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Facebook and Instagram users can now easily switch between accounts

In this photo illustration, a silhouetted woman holds a smartphone with the Meta Platforms, Inc. logo displayed on the screen. Rafael Henrique | Lightrocket | Getty Images Meta said Monday it’s testing new features intended to help people easily manage their Facebook and Instagram accounts through one interface. The new …

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Singapore’s Temasek leads investment in Chinese start-up Well-Link

In just three years, Beijing-based Well-Link Technologies has built a business on real-time cloud rendering, including helping miHoYo launch the cloud version of the hit game Genshin Impact. Ina Fassbender | Afp | Getty Images BEIJING — Singapore state investment firm Temasek is leading a $40 million funding round in …

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Tech stocks worst two-week stretch since the start of pandemic

Pedestrians pass by the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the …

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Turn its debt into a new cryptocurrency

Since bankrupt crypto lender Celsius froze withdrawals in June, customers’ funds have been in limbo. Now, leaked audio shared with CNBC reveals a preliminary plan to compensate them. The company wants to issue an “IOU” cryptocurrency  to customers that signed up for some of its accounts.  The recording was provided …

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How a fracking boom startup is planning to survive climate change era

A Microseismic truck in a West Texas oil field. Microseismic In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. By 2013, when Microseismic was selected for the inaugural CNBC Disruptor 50 list, it was pretty far from the “start” …

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Google CEO Pichai fields questions on cost cuts at all-hands meeting

Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images As Google tries to navigate an unfamiliar environment of slowing growth, cost cutting and employee dissent over cultural changes, CEO Sundar …

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Tesla supplier CATL evaluating battery swapping business overseas

CATL is the world’s largest electric vehicle battery maker and supplier to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images The world’s largest electric vehicle battery maker CATL is evaluating whether to expand its battery swapping business to international markets, a senior …

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Apple issues iOS 16.0.2 update to fix camera, hard reset bugs

Apple unveiled four new iPhones, three new Apple Watches and an updated AirPods Pro during a press event on Wednesday in Cupertino, California, United States on September 7, 2022.  Tayfun Coskun | Anadolu Agency | Getty Images Apple on Thursday issued an update to iOS, the iPhone’s operating system, that …

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Palantir CEO Alex Karp says tidal wave of macroeconomic risks will wipe out some companies

Alex Karp, CEO of Palantir arrives ahead of a “Tech For Good” meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants. Bertrand Guay | AFP | Getty Images Palantir co-founder and CEO Alex Karp believes this period of “deadly” macroeconomic uncertainties will …

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