Category: Tech News

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The DOJ was reportedly investigating Ticketmaster before the Taylor Swift debacle

The Department of Justice has reportedly opened an antitrust investigation into Live Nation, the parent of Ticketmaster, to determine if the company has abused its power in the live music industry. The investigation is said to have been ongoing over the last several months. The New York Times reported on the investigation after Taylor Swift… Continue reading The DOJ was reportedly investigating Ticketmaster before the Taylor Swift debacle

Samsung’s Galaxy S22 Ultra is $300 off ahead of Black Friday

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. We’ve been keeping an eye on Samsung to… Continue reading Samsung’s Galaxy S22 Ultra is $300 off ahead of Black Friday

Masayoshi Son owes $4.7b to SoftBank after stock crash

Masayoshi Son personally owes SoftBank close to $5bn because of growing losses on the Japanese conglomerate’s technology bets, which have also rendered the value of his stake in the group’s second Vision Fund worthless. The billionaire’s ballooning personal liabilities, discovered through a Financial Times analysis of SoftBank’s recent filings, comes as the world’s biggest tech… Continue reading Masayoshi Son owes $4.7b to SoftBank after stock crash

FTX’s Sam Bankman-Fried sold $300m stake during funding spree

FTX founder Sam Bankman–Fried sold a stake in the company worth $300 million when the crypto exchange raised capital last year, the Wall Street Journal reported on Friday, citing the firm’s financial records and people familiar with the transaction. At the time, Bankman–Fried told investors it was a partial reimbursement of money he’d spent to buy out rival Binance’s stake in FTX a few… Continue reading FTX’s Sam Bankman-Fried sold $300m stake during funding spree

Hyundai’s Ioniq 6 electric streamliner makes its US debut, revealing 340-mile range

/ The Ioniq 6 EV, with its strongly arched love-it-or-hate-it design, is coming to the US next spring. The North American version was revealed this week at the LA Auto Show. Hyundai Ioniq 6 on stage at the LA Auto Show’s press and trade event AutoMobility.Image: Hyundai Hyundai’s Ioniq 6 electric sedan made its official… Continue reading Hyundai’s Ioniq 6 electric streamliner makes its US debut, revealing 340-mile range

VinFast’s bid to attract US buyers includes 4 all-electric SUVs and maybe a sports car

VinFast showcased four battery-electric SUVs at the LA Auto Show this week, and even hinted at a sports car, as the Vietnam-based automaker pushes ahead with its plan to break into the U.S. market. The four EVs, which ranged in size from small five-passenger crossovers to large seven-passenger SUVs, is part of the company’s effort… Continue reading VinFast’s bid to attract US buyers includes 4 all-electric SUVs and maybe a sports car

Autonomous delivery startup Nuro lays off 20% of workforce

Nuro, the autonomous vehicle delivery startup backed by SoftBank, Google and Tiger Global Management, is laying off about 300 people, or 20% of its workforce, in an effort to preserve cash amid a stormy economic outlook, according to an email sent to employees this morning. Several Nuro employees also posted on Twitter and LinkedIn this… Continue reading Autonomous delivery startup Nuro lays off 20% of workforce

Is your iPhone’s Always-On display keeping you up? Do this

Jason Hiner/ZDNET Readers seem to have a love and hate relationship with one of Apple’s newest features on the iPhone 14 Pro and Pro Max — the Always-On display. Some owners love it, some hate it. And some owners love it, but their partners hate the fact that there’s a glowing iPhone on the nightstand… Continue reading Is your iPhone’s Always-On display keeping you up? Do this

Tesla (TSLA) drops to near value stock level, says analyst

The beating that Tesla’s stock (TSLA) has been through has brought it down to near value stock level, says a Morgan Stanley analyst. Tesla has been delivering record numbers of vehicles, revenue, and profit lately, but it’s not being reflected in its stock performance. The Tesla (TSLA) stock is down over 30% since August: In… Continue reading Tesla (TSLA) drops to near value stock level, says analyst