New York CNN — An unopened first-generation iPhone from 2007 is hitting the auction block Thursday – with an estimated value of $50,000. Originally on sale for $599, the first iPhone offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, plus 4 GB and 8 GB storage options, internet capabilities and iTunes. It …
A first generation iPhone going up for auction hopes to fetch $50,000 Read More »
Picture: sony Sony’s PlayStation VR2 headsets don’t release for several more weeks, but the console manufacturer is already reportedly cutting inventory by half after receiving fewer preorders than expected. Some analysts are still skeptical the device will ever be more than an “expensive accessory for the PS5.” Bloomberg reported last fall that Sony planned to …
PS VR2 Isn’t Even Out Yet And It’s Already Selling Poorly Read More »
New York CNN — General Motors reported much stronger-than-expected fourth-quarter earnings, lifting annual results to record highs for the second year in a row. The largest U.S. automaker also announced on Tuesday that it is buying a $650 million stake in Lithium Americas, which will give it access to the raw material needed to build …
GM shares rise after record profits and new stake in lithium company Read More »
CNN — Ford is increasing production of its popular Mustang Mach-E electric SUV and lowering its target price weeks after Tesla cut prices for its vehicles. The move represents a substantial step back from price increases Ford announced last summer on 2023 models – but buyers may still be paying a bit more than before …
Mustang Mach-E: Ford lowers the price of its competitor Tesla Read More »
CNN — Here’s something you don’t see everyday. Pet fish playing a video game in Japan managed to log on to the Nintendo Switch store, change their owner’s avatar, set up a Pay Pal account and rack up a credit card bill. And it was all seemingly livestreamed, in real time, on the internet. The …
In Japan, pet fish playing Nintendo Switch run up bill on owner’s credit card Read More »
CNN — Federal prosecutors say FTX founder Sam Bankman-Fried contacted the crypto trading platform’s former general counsel earlier this month in a move they say may constitute tampering of witnesses. A Bankman-Fried spokesperson declined to comment. Prosecutors from the U.S. Attorney’s Office for the Southern District of New York asked the judge to change Bankman-Fried’s …
CNN — Progressive and State Farm, two of the largest U.S. auto insurers, are refusing to underwrite policies in certain cities for certain older Hyundai and Kia models that have been deemed too easy to steal, the companies say. Several reports indicate that companies have stopped offering insurance on these vehicles in cities like Denver, …
Some car insurers refuse to cover certain Hyundai and Kia models Read More »
CNN — Elon Musk, CEO of Twitter and Tesla, with House Speaker Kevin McCarthy and Democratic Leader Hakeem Jeffries at the US Capitol in Washington on Thursday evening. McCarthy, leaving the meeting with Musk in his office, declined to comment other than to say, “He came for my birthday.” The California Republican turned 58 on …
Elon Musk meets Speaker of the House Kevin McCarthy and Hakeem Jeffries Read More »
New York CNN — BuzzFeed said Thursday it will work with ChatGPT creator OpenAI to use artificial intelligence to help create content for its audience, marking a milestone in how media companies implement the new technology. in their activities. Jonah Peretti, the company’s co-founder and chief executive, told employees in a memo that they can …
BuzzFeed says it will use AI to help create content, stock jumps 150% Read More »
washington d.c. CNN — Mortgage rates fell slightly this week, remaining nearly flat ahead of the Federal Reserve’s closely watched interest rate setting meeting next week. The 30-year fixed-rate mortgage averaged 6.13% in the week ending Jan. 26, down from 6.15% the previous week, according to Freddie Mac data released Thursday. A year ago, the …
Mortgage rates drop ahead of Fed meeting next week Read More »