This week, the tech industry learned that Meta had lost $4.3 billion USD during Q4 2022, which was attributed to the company’s metaverse and VR divisions. While the metaverse has always been imagined as a major investment for the company that wouldn’t necessarily pay off in the immediate future, the net loss came as a surprise to many.Elsewhere in tech, the industry saw the launch of several new pieces of hardware. Samsung unveiled its Galaxy S23 lineup of smartphones, offering three different models. Marshall, meanwhile, rolled out a quad-speaker offering 360-degree spatial audio. And on the app side, Instagram’s co-founders have returned with a new venture called Artifact.Below, HYPEBEAST has rounded up the top tech stories of the week so you can stay up to date on trends in the industry...
/ The Model Y’s sticker price is no longer bridled by the government’s $55,000 cap to qualify for EV tax credits. a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Image: Getty Images Tesla raised the price of its Model Y electric vehicle (EV) just hours after the US Treasury Department adjusted its EV tax credit rules, as first reported by Bloomberg. While the Tesla Model Y Long Range now costs $1,500 more at $54,990, the Model Y Performance went up by $1,000 to $57,990, excluding shipping fees. On Friday, the Treasury Department updated the way it classifies vehicles that qualify for its $7,500 E...
/ After upending the music industry, now Daniel Ek’s looking to make waves in healthcare technology. a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Image: Neko Health Spotify founder Daniel Ek is getting into the healthcare industry. A post shared on LinkedIn names Ek as the co-founder of a startup, called Neko Health, which specializes in providing body scans powered by artificial intelligence (AI), as reported earlier by European news outlets Sifter and Tech.eu. “After four years of intense research and product development, we are officially launching Neko Health today,” the post reads. “The c...
/ The court denied the FTC’s request for an injunction but with a one-week delay for an appeal.
/ Apple’s pint-sized HomePod Mini is also on sale, as well as the latest Kindle Paperwhite and our favorite robot vacuum / mop hybrid. a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Photo by Amelia Holowaty Krales / The Verge Happy Saturday, readers! During its Unpacked event on Wednesday, Samsung introduced a new line of Galaxy Book3 laptops with better displays and Intel’s 13th Gen Core processors. However, if you don’t need an ultraportable laptop or a high-end machine squarely aimed at the MacBook Pro 16, Samsung’s Galaxy Chromebook 2 is on sale at Amazon and Best Buy in its fiery, “fie...
/ Twitter could also charge extra to add badges to every account affiliated with the brand as part of its latest money-making scheme.
It was a busy festival filled with gruesome horror, inventive sci-fi, and plenty more films that will be coming to theaters and streaming services in the coming months. Share this story a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Image: Sundance Institute As always, Sundance is a great preview for the year ahead, a chance to get a glimpse at some of the indie films that will be hitting theaters and streaming services over the coming months. This year, the festival returned to an in-person format after a few years online, and the lineup was pretty solid. It was a particularly good year for hor...
/ They’re demanding a different approach to returning to the office.
Premier gaming hardware company Razer has unveiled its newest innovation which it hails as the best lightweight performance gaming mouse ever created. Exploring a "honeycomb" style design for the first time, the Viper Mini Signature Edition is by far the lightest mouse on Razer's roster weighing in at just 49 grams.To achieve significant weight reductions, Viper Mini Signature Edition is constructed in an intricate and durable design crafted from high-grade magnesium alloy, a material said to be more durable and rigid than plastic, yet lighter than titanium. The new wireless gaming mouse will also be equipped with the latest tech including the Razer Focus Pro 30K Optical Sensor, Optical Mouse Switches Gen-3, HyperSpeed Wireless, HyperPolling Wireless with 4000Hz polling rates, and a 2C ch...
/ Users reported that having the popular chat app open would limit their video memory clock speeds.
/ Electrify America users were paying standard rates of 43 cents per kilowatt hour. Now, it’s going up to 48 cents starting March 6th.