Topic: company reputation
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Rivian Settles $250M Lawsuit to Focus on New R2 EV
Rivian has agreed to a $250 million settlement with investors over a lawsuit, denying any misleading statements but opting to settle to focus on launching its new affordable R2 electric vehicle next year. The lawsuit alleged that Rivian knew its production costs for the R1T and R1S models were mu...
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Palantir's Manifesto Translated for Everyone
Palantir CEO Alex Karp's new book and a 22-point corporate manifesto advocate for a "technological republic," where software platforms hold immense power over society and data-driven control is seen as essential. The manifesto's foreboding tone and the company's name, drawn from Tolkien's surveil...
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Meta Seeks to Block Mental Health, Zuckerberg Mentions in Child Safety Trial
Meta is facing a New Mexico trial over allegations it enabled child sexual exploitation and is seeking to exclude broad evidence, including youth mental health studies and references to its CEO, to narrowly focus the case on state consumer protection law violations. The state's case alleges Meta'...
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Bose challenges Sonos with new home speakers
Bose unveiled three new home audio products: the $299 Lifestyle Ultra speaker, $1,099 Ultra soundbar, and $899 subwoofer, directly competing with Sonos. The Lifestyle Ultra offers modular flexibility, functioning as a standalone speaker, stereo pair, or rear speakers in an Atmos setup. Bose aims ...
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Apple CEO Tim Cook’s Proudest Work: Apple Watch, Not Maps
Apple CEO Tim Cook, who is leaving his role soon, called the 2012 launch of Apple Maps his "first really big mistake" as CEO due to its poor functionality and incorrect directions. Cook acknowledged the app frustrated users globally by failing to match the quality of Google Maps, marking a major ...
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Bastl Kalimba: A quirky synth disguised as a thumb piano
The Bastl Kalimba is a synthesizer disguised as a thumb piano, using physical modeling and FM synthesis with touch- and velocity-sensitive tines that act as triggers. It offers a wide sonic palette from plucks to pads, with effects including distortion, bit crushing, tape emulation, a multi-mode ...
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ModRetro, Palmer Luckey's Gaming Startup, Seeks $1B Valuation
ModRetro, a retro gaming startup founded by Palmer Luckey, is seeking funding at a $1 billion valuation, reflecting strong market interest in vintage-inspired hardware. The company's first product, the Chromatic handheld, has received critical praise but its launch is complicated by Luckey's para...
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Netgear Launches New Orbi 370 Series WiFi 7 Routers
Netgear has launched the Orbi 370 Series, a WiFi 7 mesh system that offers high performance at a more accessible price point, starting from AUD $479, making advanced WiFi 7 technology available to households with moderate needs. The system provides ultra-fast speeds up to 5Gbps, comprehensive who...
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Stellar Blade Dev Apologizes After AI Music Video Sparks Backlash
Shift Up faces backlash for releasing an AI-generated music video for its "Blood Rain" sequel, with fans criticizing the studio's abandonment of its handcrafted artistry in favor of generative content. The video, "Wanna Be in Love," shows clear AI telltales like uncanny valley expressions and vis...
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Polymarket Confirms Hackers Stole User Funds
Polymarket confirmed a security breach where hackers stole user funds after a third-party vendor compromise allowed malicious code injection onto the platform's website, and the company is contacting affected users to issue full refunds. Blockchain security firm PeckShield identified a phishing c...
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Cards Against Humanity Settles Lawsuit Against SpaceX Over Trespass
Cards Against Humanity settled its trespassing lawsuit against SpaceX over unauthorized use of land in Texas, which the game company had purchased to block a border wall and was adjacent to SpaceX's Starbase facility. The settlement terms are confidential, with backers receiving a special Elon Mu...
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