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The embattled EV truck maker Nikola is going kaput. The company just announced a filing for Chapter 11 bankruptcy protection and a plan to sell off assets. These assets will be sold at an auction, pending court approval. Nikola noted it has $47 million in cash on hand to fund the bankruptcy proceedings and begin the sale process. The company has reported between $500 million to $1 billion in assets, but liabilities totaling $1 billion to $10 billion, according to a court filing. Like other companies in the electric vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate, said Steve Girsky, President and CEO of Nikola. Those market and macroeconomic factors are real, as EV adoption growth rates have slowed a bit. However, Nikola is a special case. The company has been embroiled in numerous scandals in recent years, so this news caps off a particularly dire fall from grace for the once-buzzy EV maker. Nikola was founded in 2015 with a mission to create zero-emissions heavy trucks. The company secured a lucrative partnership with GM in 2020, but things fell apart soon thereafter. It was credibly accused of fraud, thanks to a report by short-selling firm Hindenburg Research. This report even included a video showing a Nikola truck rolling down a hill to simulate driving. Our investigation of the site and text messages from a former employee reveal that the video was an elaborate ruse $NKLA had the truck towed to the top of a hill on a remote stretch of road and simply filmed it rolling down the hill. pic.twitter.com/n2NLDGInzR Hindenburg Research (@HindenburgRes) September 10, 2020 This elaborate ruse caused the SEC to begin an investigation which led to founder Trevor Milton stepping down as board chair and CEO. Later, he was arrested and indicted on fraud charges. Milton was found guilty and sentenced to four years in prison. The company settled with the SEC for $125 million. It goes without saying that GM backed out of that partnership. The company did go public in 2020 and began shipping its first trucks in 2021. However, reports indicated that Nikola was losing hundreds of thousands of dollars on every truck it sold. All told, the company only made around 600 vehicles, many of which were recalled due to a variety of defects. This subpar performance caused the stock to crater, stumbling from a high of over $1,000 per share to, as of this writing, $0.47 per share. I guess only one company named after the guy who invented alternating current (AC) energy is allowed to consistently fall below expectations without making a dent on its valuation.This article originally appeared on Engadget at https://www.engadget.com/transportation/evs/ev-truck-maker-nikola-has-finally-called-it-quits-172516625.html?src=rss
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Marketing and Advertising
The new iPhone 16e is designed to get Apple Intelligence into as many hands as possible. Apple recently began activating its AI features by default during iOS setup, suggesting a harder push to spur adoption and establish iOS as an AI-first platform. Putting the companys suite of AI tools on a $599 iPhone should do the trick. Apple Intelligences arrival on an entry-level iPhone is thanks to one of its biggest upgrades from the SE: the A18 chip (the same processor from the iPhone 16 and 16 Plus). That makes it Apples cheapest AI-equipped model by $300. However, that's quite a bump up from the (now-retired) iPhone SE's $429. Fortunately, theres no skimping on the Apple Intelligence features for the cheaper model; you get all the AI goodies found in the more expensive iPhones. That includes AI writing tools, Genmoji, Image Playground, Visual Intelligence, ChatGPT integration and notification summaries. Apple The phone has a much bigger display than its predecessor: 6.1 inches, up from the 2022 iPhone SEs mere 4.7 inches. Its also the first entry-level model to adopt modern iPhones full-screen design with Face ID. (Pour one out for the now-retired home button.) However, it doesnt have the Dynamic Island found on recent higher-end models. It also gets the Action button, the customizable physical shortcut on the phone's side. It debuted in the iPhone 15 Pro series and is found in all iPhone 16 models. The iPhone 16e also complies with EU standards by switching from Lightning to USB-C, which is probably the least surprising thing about it. It also lacks MagSafe charging, sticking with standard Qi wireless charging at up to 7.5W. A list of geeky tech specs doesnt tell the whole story but can still serve as a starting point. Heres how the new entry-level iPhone compares to Apples previous model and its two biggest Android-running rivals: the Google Pixel 8a and Samsung Galaxy A35 5G. (Although the A35 isn't quite in the same price range, it serves a similar niche in Samsung's lineup.) iPhone 16e iPhone SE (2022) Google Pixel 8a Samsung Galaxy A35 5G Price $599 / $699 / $899 $429 / $479 / $579 $499 / $559 $400 Dimensions 146.7 x 71.5 x 7.8 mm (5.78 x 2.82 x 0.31 inches) 138.4 x 67.3 x 7.3 mm (5.45 x 2.65 x 0.29 inches) 152.1 x 72.7 x 8.9mm (6 x 2.9 x 0.4 inches) 161.7 x 78 x 8.2 mm (6.37 x 3.07 x 0.32 inches) Weight 167g (5.88 ounces) 144g (5.09 ounces) 188 g (6.7 oz) 209 g (7.37 oz) Screen size 6.1 inches 4.7 inches 6.1 inches 6.6 inches Screen resolution 2,532 x 1,170 (460 ppi) 1,334 x 750 (326 ppi) 1,080 x 2,400 (430 ppi) 2,340 x 1,080 (389 ppi) Screen type OLED Retina HD LCD 60Hz Super AMOLED up to 120Hz SoC Apple A18 Apple A15 Bionic Tensor G3 Exynos 1380 RAM N/A 4 GB 8 GB 6 / 8* GB * Non-US only Battery "up to 26 hrs video playback" 2,018mAh 4,492 mAh 5,000 mAh Storage 128 / 256 / 512GB 64 / 128 / 256 GB 128 / 256 GB 128 / 256* GB MicroSD up to 1TB * Non-US only Rear camera(s) 48MP, f/1.6 Wide: 12 MP, f/1.8 Wide: 64 MP, f/1.89 Ultrawide: 13MP, f/2.2 Wide: 50MP, f/1.8 Ultrawide: 8MP, f/2.2 Macro: 5MP, f/2.4 Front camera 12MP, f/1.9 7 MP, f/2.2 13MP, f/2.2 13MP, f/2.2 Water / dust rating IP68 IP67 IP67 IP67 Wi-Fi WiFi 6 (802.11ax) 802.1ax Wi-Fi 6E Wi-Fi 6 (802.11ax) Bluetooth v5.3 v5.0 v5.3 v5.3 OS iOS 18 iOS 18 Android 15 Android 14 One UI 6.1 Colors / finish Black / White Aluminum Midnight / Starlight / (Product)Red Aluminum Obsidian / Porcelain / Aloe / Bay Navy / Lilac This article originally appeared on Engadget at https://www.engadget.com/mobile/smartphones/the-iphone-16e-vs-the-competition-171306115.html?src=rss
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Marketing and Advertising
Google is introducing two small but meaningful enhancements to its Lens technology. To start, Chrome and Google app users on iPhone can now draw, highlight or tap on text and images to carry out a visual search of what they see in front of them. If this sounds familiar, its because Google is basically bringing over an interface paradigm it debuted last year with Circle to Search on Android to iPhone. While the implementation is different and more limited due to the constraints of iOS, the idea is the same: Google wants to save you the trouble of opening a new Chrome tab or saving a screenshot when you want to find more information about an image you see. For now, Google says you can access the new feature, whether youre using Chrome or the Google app, by opening the three-dot menu and selecting "Search Screen with Google Lens." In the future, the company will add a dedicated Lens shortcut to the address bar in Chrome. Separately, the next time you use Lens, youll be more likely to encounter Googles AI Overviews, particularly when you use the software to find information on more unique or novel images. In those instances, you wont need to prompt Lens with a question about the image you just snapped for the software to try and offer a helpful explanation of what youre seeing. Instead, it will do that automatically. Ahead of todays announcement, Harsh Kharbanda, director of product management for Google Lens, gave me a preview of the feature. Kharbanda used Lens to scan a photo of a car with an usual surface on its hood. An AI Overview automatically popped up explaining that the car had a carbon vinyl wrap, which it further said people use for both protection and to give their rides a more sporty appearance. According to Kharbanda, Google will roll out this update to all English-language users in countries where AI Overviews are available, with the feature first appearing in the Google app for Android and iOS, and arriving soon on Chrome for desktop and mobile devices.This article originally appeared on Engadget at https://www.engadget.com/ai/google-lens-for-iphone-now-lets-you-draw-to-do-visual-searches-170055399.html?src=rss
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Marketing and Advertising
Apple's home button died on Wednesday at the age of 18, surrounded by family and friends (including its partner, Touch ID). The home button, which launched on the original iPhone and later spread to the iPod touch and iPad, was unceremoniously axed this morning with the release of the new iPhone 16e. The iPhone 16e replaces the iPhone SE, switching to the full-screen design Apple first adopted with 2017's iPhone X. Since the third-gen iPhone SE was the last remaining Apple product with a home button, that means there isn't a single product left in Apple's lineup that uses any version of the iconic feature. Unless you pay close attention to these things, you may not have realized that the home button had several iterations through the years. It launched in 2007 as part of the first iPhone's seismic arrival. That version pressed inward mechanically, bounced back up with a spring and lacked biometric authentication. (That's right, kids, an old-fashioned passcode was your only option!) That first iteration also had a symbol on it: a square with rounded corners to represent app icons. The same type of home button launched a few months later on the iPod touch, which Apple finally discontinued in 2022, and a few years later on the first iPad. Brad Molen for Engadget The home button was paired with Touch ID beginning with 2013's iPhone 5s. Visually, it was marked by a surrounding metal ring, and the biometric sensors were housed under the button. That version still used a mechanical spring mechanism. The Touch ID home button made its way to Apple's tablet with the iPad Air 2 the following year. The lowly iPod touch never saw such highfalutin features. Perhaps the least concerning change of 2016 was Apple's transition to a solid-state home button in the iPhone 7. Like the trackpads in modern MacBooks, that version sensed your finger's presses and used haptic feedback to simulate a click inwards. The technical trickery did such a smashing job of fooling the brain that many users had no idea the updated button wasn't physically moving. The change made it easier for Apple's engineers to seal the phone it was the first model with a water and dust resistance rating (IP67). The solid-state home button never arrived on the iPad, with Apple's last home button-laden tablet (2021's ninth-generation model) still pairing Touch ID with mechanical presses. Will Lipman for Engadget Before today's news of the home button's demise, the writing had been on the wall for a long time. The iPhone X (2017) was the first blow, with Apple describing the full-screen flagship as a product that would "set the path for technology for the next decade." (Uh oh) By 2022, Apple had removed the home button from the last iPad (moving Touch ID to its power / sleep button in the entry-level model) and discontinued the easily forgotten iPod touch. The third-generation iPhone SE, which also launched that year, ran the last leg of the home button marathon, chugging away by itself until it finally met its end today with the release of its Face ID-equipped successor. It's been a good run, home button, and you will be missed.This article originally appeared on Engadget at https://www.engadget.com/mobile/smartphones/pour-one-out-for-apples-dearly-departed-home-button-164350259.html?src=rss
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Marketing and Advertising
It's truly a USB-C world and we're just living in it. Apple has not only announced the new iPhone 16e with a USB-C port and also discontinued the iPhone 14, the final Lightning port relic. That's right, Apple is no longer selling any devices with a Lightning port, the true end of an era. Once upon a time, the Lightning port was the new guy in town. Apple first introduced it in 2012 as a replacement to the bulky 30-pin dock connector. The Lightning port didn't go down without a fight, though. While most other companies have been on the USB-C train for some time, Apple only swapped out the Lightning port when the EU forced its hand. In 2022, the EU announced that all new mobile devices so phones, tablets and earbuds had to come with a USB-C charging port. The bloc set the end of 2024 as a deadline, but Apple started the shift with its iPhone 15, released in September 2023. Laptops have until Spring 2026 to comply, but Apple has already shifted its MacBooks to USB-C chargers. Another Apple technology relic, the venerable Home Button, has also been discontinued as of today. The old iPhone SE was the last device in Apple's lineup to feature it truly a day where some classic Apple interfaces are going away forever.This article originally appeared on Engadget at https://www.engadget.com/mobile/apple-officially-bids-farewell-to-the-lightning-port-after-13-years-163402113.html?src=rss
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Marketing and Advertising
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