Teenage Engineering made a toy car that costs $250 – Yahoo Finance Australia

Teenage Engineering just revealed a, uh, toy car/doodad that costs $250. Yes, it’s $250 for a little piece of metal with wheels that you can roll around a desk for a bit before getting bored. The company tends to releases two kinds of products. There are the extremely expensive, yet pretty darn cool, audio devices and, well, everything else. Today’s surprise release falls squarely in the latter camp.
This might not be quite as egregious as the company’s $1,600 desk that you have to assemble yourself or those little wooden dolls that cost $2,000, but it’s still a doodad that should cost around $2.50, and not $250. Teenage Engineering says its Grip Car is made from aluminum and features smooth ball bearing rubber wheels. The use case scenarios here seem endless, with the company suggesting folks “move it in any direction” or put it on their shelf. Wait, those are the only two.
The Grip Car is available in three colors, to those curious, so you’ll have your pick of red, black or aluminum. It was created by Danish designer Anders Hermansen, who has previously worked with companies like Bang & Olufsen to help make some of its in-wall speakers, among other products.
Incidentally, the official Teenage Engineering website has been acting peculiarly lately, with an abundance of symbols that seem to advertise some kind of announcement for tomorrow. The company confirmed to Engadget that the Grip Car isn’t part of this forthcoming announcement and to keep an eye out for a press release tomorrow afternoon. The announcement looks to be audio-related, due to the floating icons on the site, but it remains unknown if it’ll be hardware or software.
Here are the best gift ideas for runners this year, as chosen by Engadget editors.
(Bloomberg) — Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsHulu for $1, Max for $3: Streaming Services Slash Prices This Black FridayOpenAI Engineers Earning $8
Mastodon's latest update is tackling a problem Twitter users know all too well: the scourge of the "reply guys." A colloquial term for the men who regularly reply to women's posts in an overly familiar fashion, often to "mansplain," tone police, offer unsolicited advice or gaslight the original poster, reply guys have been a longtime problem on social media. Now, starting in the Mastodon app for Android, the company is experimenting with a simple reminder that will pop up when someone is about to respond to a stranger.
The new products are an attempt to revive sales, which have slumped this year.
OpenAI's board of directors is reportedly in talks with Sam Altman, ex-Y Combinator president and an OpenAI co-founder, to return to OpenAI as CEO as soon as this week. Per Bloomberg, the board member (or members) and Altman are discussing a number of possible scenarios that could play out. In one, Altman would return as a director on a transitional board.
(Bloomberg) — Sam Altman, members of the OpenAI board and the company’s interim chief executive officer have opened negotiations aimed at a possible reinstatement of the ousted CEO at the artificial intelligence startup he co-founded, according to people with knowledge of the matter.Most Read from BloombergAltman Returns as OpenAI CEO in Chaotic Win for MicrosoftMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsHulu for $1, Max for $3: Streaming Services Slash Prices This Black Fr
Binance CEO Changpeng Zhao is set to plead guilty to federal money laundering charges and step down from his position at the crypto exchange. Binance will also pay $4.3 billion as part of a government settlement.
AutoZone alerted authorities on Tuesday that it had been a victim of the Clop ransomware gang's MOVEit attacks earlier this year.
Intelligence and security chiefs in London and Seoul issued a joint warning about the threat
A cyber strategy focused on protecting small and medium businesses against an increasing number of attacks has been released by the federal government.
Names like action-camera maker GoPro or meal kit company Blue Apron (now owned by Wonder Group) come to mind. Technology market research outfit IDC believes the cloud computing and storage infrastructure market will grow by more than 11% per year through 2027, while Straits Research expects the artificial intelligence infrastructure market to expand at an average pace of nearly 21% through 2030.
(Bloomberg) — Australia will undertake an economy-wide revamp of its cybersecurity protections including revised data laws, mandatory reporting and a new nationwide cyber council in response to several significant hacks targeting businesses and infrastructure over the past year.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnSam Altman Returns as OpenAI CEO in Chaotic Win for MicrosoftBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia
Big economic players will be forced to better protect their customers against cybercriminals as part of a rebooted national strategy.
The radical new rule is set to alter the cricket landscape.
The mysterious find left by a snake even puzzled experts and officials, but Yahoo has the answer. Find out what the unusual objects are.
Russian president said: "We should think about how to stop this tragedy."
Pitt's teenage son reportedly said he made his 'four youngest children tremble in fear'
EXCLUSIVE: The couple is said to be 'really sad' following a surprising development in the sale of their property post-auction. Read more.
Olivia Frazer has opened up about her OnlyFans career and the disturbing requests she receives from her subscribers. Read more.
The battles near the village of Krynky on the left bank of the Dnipro River in Kherson Oblast will be "highly unfortunate" for the Russian leadership, despite the smaller scale of the fighting compared to major battles, the UK Ministry of Defense said in its intelligence report published on Nov. 22.

source