If you thought Mark Zuckerberg’s metaverse plans weren’t scary enough, the founder of Oculus, Palmer Luckey, has designed a VR headset that explodes if the user fails in a video game. The Oculus Rift designer may no longer be a part of the company he founded (which is now part of Meta), but his interest…
Monthly Archives: November 2022
A new data-wiping malware has been detected, infecting more and more endpoints with each passing day – but what’s most curious is that it poses as ransomware. The malware is called Azov Ransomware, and when run on a victim’s device, it overwrites file data with junk, rendering the files useless. The overwrites are cyclical –…
Associated Press Lyft plunged 18% after its third-quarter earnings report missed investor expectations on revenue and ridership.The weakness suggested that Uber is taking market share away from the ride hailing company.“We believe Uber has done a much better job at rebuilding driver supply, likely leaving Lyft with a structurally smaller share of the market than…
JPMorgan CEO Jamie Dimon Misha Friedman/Getty Images Some firms on Wall Street are continuing their relationship with Russia despite Congress’ public opposition, Bloomberg says. The US is reportedly encouraging banks like Citi Group and JPMorgan Chase to keep the status quo. Meanwhile Congress is posturing that the Kremlin should be condemned further. Some Wall Street…
Japan has been buying up yen and selling dollars in a bid to support its struggling currency. Zhang Peng/LightRocket via Getty Images Japan’s foreign currency holdings fell for a third straight month in October, official data show. Tokyo is battling to prop up the yen, which has tumbled 27% against the dollar in 2022. Japan…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The federal government and 13 states impose an estate tax. kate_sept 2004/Getty…
The Mercedes-Benz EQS 580 (top) and Porsche Taycan Turbo S Cross Turismo. Tim Levin/Insider You don’t need to buy a Tesla if you want a fancy, electric four-door. Porsche sells the $86,700 Taycan and Mercedes sells the $102,000 EQS. I drove fully-loaded versions of both cars to see how they stack up. So you want…
Amazon Music expanded its music catalog in an attempt to beat out rivals like Spotify. Thomas Trutschel/Getty Images Amazon Music recently added 98 million songs to the platform to capitalize on an increase in demand. But Prime members can only play individual songs if they upgrade to Amazon Music Unlimited for $9 a month. Some…
Dwayne Johnson in “Black Adam.” Warner Bros. DC’s “Black Adam” cost nearly $200 million to make and has earned $321 million globally. It will likely soon fizzle at the box office, and is shaping up to a financial disappointment. It doesn’t have a China release yet, and Marvel’s “Black Panther: Wakanda Forever” opens this weekend….
A “Santa Pause” rally may be on its way for 2022. Bryan R. Smith/Getty Images A “Santa Pause” rally for stocks may be taking shape as central banks signal a step-down in rate hikes, Charles Schwab said. The Fed and the BoE are among those indicating they’re considering less aggressive rate hikes in the future….