China and India to face supply jolt as U.S. targets Russia’s oil giants

China and India to face supply jolt as U.S. targets Russia’s oil giants

General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters U.S. decision to sanction Russia’s two largest oil companies threatens to disrupt the energy lifeline linking Moscow to its biggest customers in Asia, but without causing an immediate supply shock, industry experts told CNBC. The…

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Reddit sues Perplexity for scraping of posts, expanding user data battle with AI industry

Reddit sues Perplexity for scraping of posts, expanding user data battle with AI industry

Thomas Fuller | Lightrocket | Getty Images Social media giant Reddit has launched a lawsuit against artificial intelligence company Perplexity, alleging that it illegally scraped user posts to train its AI model, marking the latest data-rights clash between content owners and the AI industry.  The complaint filed in New York federal court on Wednesday also…

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Danny Hurley on Preseason College Basketball Poll: ‘There’s Nothing More Useless’

Danny Hurley on Preseason College Basketball Poll: ‘There’s Nothing More Useless’

UConn is ranked No. 4 in the preseason Associated Press Top 25 college basketball poll, but that isn’t impressing Huskies coach Dan Hurley. “There’s nothing more useless than preseason polls and picks,” Hurley said during Big East media day. “Preseason polls are pretty meaningless. I don’t even do mine. I think I told (assistant coach)…

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