Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acquisition, which was touted as a cost-saving measure that will reduce capital expenditures by 20%, comes as Canoo struggles to move beyond prototypes toward commercial production. Canoo … Read more
Although Apple co-founder Steve Jobs died more than a decade ago, his presence still looms large in the fandom around tech, making ordinary items that are signed by him very valuable. The proof is in the pudding: An early Apple business card signed by Jobs just sold for $181,183 at auction. The signed business card, … Read more
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Avast, the cybersecurity software company, is facing a $16.5 million fine after it was caught storing and selling customer information without their consent. The Federal Trade Commission (FTC) announced the fine on Thursday and said that it’s banning Avast from selling user data for advertising purposes. From at least 2014 to 2020, Avast harvested user … Read more
The BT Tower, pictured on October 24, 2023 in London, England. Matt Cardy | Getty Images News | Getty Images LONDON — British telecoms group BT said Wednesday it had agreed to sell London’s iconic BT Tower — once an important piece of network infrastructure — to developer MCR Hotels for £275 million ($346.6 million). … Read more
Donald Trump’s former personal lawyer, Michael Cohen — who testified against the ex-president in the fraud trial that ended Friday with a stiff $355 million fine — said that even if Trump sold all his New York real estate assets, he’d never be able to come up with that kind of money. “Where does he … Read more
Taylor Swift has cashed in on her Eras Tour Concert film rights by selling it to Disney+. According to reports, the Grammy Award-winning singer sold the rights for a whopping $75 million, and a newly expanded version will debut via the network on March 15 She had previously released a theatrical version and an extended … Read more
Tesla has issued a recall for almost every car it sold in the U.S. because of illegible warning lights. The massive recall affects more than 2 million cars and follows a similarly huge recall that hit almost every car Tesla has sold in China. Did Elon Musk Regret Buying Twitter? | Walter Isaacson Interview The … Read more
TOKYO — Japanese transport officials raided the plant of a Toyota group company on Tuesday to investigate cheating on engine testing, as the company reported it kept its status as the world’s top automaker in 2023, selling 11.2 million vehicles. Hours after the probe began at Toyota Industries Corp.’s plant in Hekinan, Aichi Prefecture, central … Read more
June Wan/ZDNETZDNET’s key takeawaysThe OnePlus 12 is on sale now for a starting price of $799. For a limited time, OnePlus will offer double the storage (from 256GB to 512G), along with a 50W wireless charging dock, for free.It’s the company’s most complete handset to date, with the fastest charging speeds on the market (both wired … Read more
A pair of identical twins who were separated and sold as babies have been reunited after one recognised the other in a TikTok video. Amy and Ano were born in Georgia in 2002, but stolen from their mother and sold on an illegal child adoption market thought to be linked to organised crime. Their mother, … Read more