META’s VR headsets are getting a big, but inevitable, price cut because consumers aren’t buying as much as expected. The company today declared It drops the prices of its still-new Meta Quest Pro from $1,499.99 to $999.99, while its Meta Quest 2 drops from $499.99 to $429.99. That’s roughly a 33% drop when MetaQuest Pro…
Tag: business news daily
No more clumpy lip gloss: How TikTok’s ‘deinfluencing’ trend became a marketing tactic
Just a few weeks ago, Lauren Rutherglen’s 10,000 TikTok followers would have expected advice on what beauty products to buy. But as she rummaged through the creamy Glossier eyeshadows, Ilia serums and Charlotte Tilbury liquid bronzers in her drawer, the Calgary-based content creator was reminded of the expensive but disappointing products that the Internet had…
New AI voice-cloning tools ‘add fuel’ to misinformation fire – Business News
Photo: The Canadian Press FILE – President Joe Biden speaks about Ukraine from the Roosevelt Room at the White House in Washington on Jan. 25, 2023. An altered video that shows Biden making comments that attack transgender people was created with a new generation of artificial intelligence tools. While Hollywood studios have long been able…
Asian Shares Advance As Investors Await US Inflation Data
Asian stocks rose on Tuesday, the dollar slipped, and Treasury bond yields remained pressured as investors remained convinced that key US inflation data due later in the day would show an easing in price pressures on an annual basis. Gold edged higher in Asian trading on dollar weakness while oil prices dropped around 1 percent…
Toronto home sales forecast to fall to levels not seen in two decades
Breadcrumb Trail Links Real Estate News TREB also predicts prices will rise this year, but will still be lower than in 2022 A real estate sign outside a home in Toronto. Photo by Peter J. Thompson/National Post Article content Home sales in the Greater Toronto Area (GTA) will decline to their lowest level since 2001…
Which brand of car is most reliable? These are the most dependable vehicles on the market
Looking for a dependable vehicle? Kia, Buick and Chevrolet are some of your best non-premium batches, according to a new report from JD Power. The analytics company’s annual vehicle dependability study found 186 problems per 100 vehicles on average, a slight improvement from last year’s score of 192. A year-over-year improvement is expected as manufacturers…
‘Is it actual weed?’ First weekend of recreational pot sales open in Missouri to joy and exuberance.
st. LOUIS — Steve Campbell was ready with a joke. Campbell was the first person at the Good Day Farm marijuana dispensary in the Central West End on the first day recreational-use marijuana was sold in Missouri. He walked through the door to applause from the staff. But Campbell, 67, had a confused look on…
Fed lifts rate by quarter-point and signals more hikes ahead
The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes. Though smaller than its previous hike — and even larger rate increases…