Rivian’s R2 SUV Amasses Over 68,000 Reservations Within 24 Hours of Unveiling

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The Rivian R2, an all-electric sport utility vehicle that’s smaller and more affordable than the automaker’s flagship SUV, appears to be a hit with potential customers. At least, if the number of reservations for the R2 is any guide. Rivian founder and CEO RJ Scaringe posted Friday on Instagram that the company had received more than 68,000 R2 reservations less than 24 hours since the vehicle was revealed at an event in Laguna Beach, California. The R2 is a five-seat, all-electric midsized SUV that will have more than 300 miles of range and a base price of $45,000. Rivian also revealed Thursday the R3 and the R3x, all-electric hatchback vehicles with sporty Honda e vibes.

Surge in French Music-Streaming Tax Spurs Spotify’s Decision to Raise Subscription Prices

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Spotify has revealed plans to increase subscription fees in France, in response to a new tax directed at music-streaming services operating in the country. While all the impacted companies are opposing the new law, Spotify has been the most vociferous, largely due to the fact it is the biggest player in the country. The company wrote in a blog post today:“With the creation of this new tax, Spotify would be required to give approximately two-thirds of every euro it generates to music to rights holders and the French government. What’s perhaps the most telling part of this whole episode is how important France is to Spotify in terms of market traction. With regards to France, Spotify is conveying as much — if not more — grievance with the new tax as it did with Uruguay, yet it has given no indication that it will exit the country.

Global Expansion: Ai Pin Enters the International Market Through Partnership with SK Telecom in South Korea

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Hyped AI startup Humane has announced plans for its first international market, inking a deal with South Korean carrier SK Telecom. The announcement comes shortly after the San Francisco-based company revealed it was pushing back the shipping date of its Ai Pin device from March to mid-April in its domestic U.S. market. The Ai Pin costs $699 up front, with a recurring $24 monthly subscription that gives the user a phone number and unlimited data to power as many AI-powered queries they like. And just yesterday, SK Telecom announced a partnership with AI search engine Perplexity to bring its premium “Pro” plan to SK Telecom’s 32 million subscribers. It’s also not yet clear when the Ai Pin might make it to market in South Korea, but given the delays currently surrounding its U.S. launch we maybe shouldn’t expect it too soon.

“Formerly Owned by Nikola’s Founder, Electric Badger Pickup Truck Program Acquired by Associate of Disgraced CEO Trevor Milton”

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Beleaguered electric trucking company Nikola has sold the Badger electric pickup truck assets it was once supposed to build with General Motors. Embr now owns the intellectual property associated with the Badger pickup truck, as well as the assets related to Nikola’s abandoned off-road and personal water craft vehicles. News of the deal to sell the Badger program comes at an odd time. But it revealed the Badger pickup in February 2020, just a few months before it went public in a merger with a special purpose acquisition company. Worthen said Nikola is clawing back 500,000 of those shares Milton gave Sparks as part of the deal.

“Unveiling the Future: A Comprehensive Look at CES 2024’s Latest Revelations from NVIDIA, AI, and Samsung’s Foldable Screens”

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Kicking off the first day are some bigger announcements from companies, including Nvidia, Panasonic, Samsung, Sony and Honda. Nvidia gets its game onToday, Nvidia gets into artificial intelligence in a big way with the unveiling of its GeForce RTX, including the GeForce RTX 40 Super series of desktop graphics cards. Apple Vision Pro to go on sale Feb. 2And Apple, in a surprise announcement preempting CES, stole some of the show’s thunder by announcing the Vision Pro will be available in the U.S. The consumer electronics giant confirmed that the Vision Pro will be available in the U.S. starting February 2. This startup is bringing a ‘voice frequency absorber’ to CES 2024.