Austin, Texas-based Core Scientific filed for bankruptcy on Wednesday, blaming the sharp decline in bitcoin prices, rising energy costs for bitcoin mining and a $7 million unpaid debt from U.S. crypto lender Celsius Network, one of its biggest customers.
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Facebook burned through billions of dollars trying to make the metaverse happen. Elon Musk bought Twitter for $44 billion and plunged the company into chaos, sending advertisers and some power users fleeing. Across Silicon Valley, tens …
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Target stores are recalling more than 200,000 weighted blankets for children that have been sold by the retailer from December 2018 through September 2022. The Pillowfort brand blankets can trap children inside if they unzip them and enter the blanket, …
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