Sure, it might not sound just like the spiciest headline, however Sam Bankman-Fried is in a bizarre place to be beginning a Substack. He’s going through as much as 115 years in jail if he’s convicted of federal fraud and conspiracy costs. And but the embattled founding father of collapsed crypto trade FTX – who pleaded not responsible and is out on a $250 million bond whereas awaiting trial – figured it’d be a fantastic thought to put in writing about his perspective on the saga in a Substack e-newsletter.

In his first submit, in regards to the collapse of FTX International, Bankman-Fried (aka SBF) claims “I didn’t steal funds, and I certainly didn’t stash billions away.” SBF notes that FTX US (which serves prospects in America) “remains fully solvent and should be able to return all customers’ funds.” However, he doesn’t point out that FTX co-founder Zixiao “Gary” Wang and former Alameda Research CEO Caroline Ellison pleaded responsible to fraud costs and are cooperating with prosecutors.

– Mat Smith

The Morning After isn’t only a e-newsletter – it’s additionally a every day podcast. Get our every day audio briefings, Monday by Friday, by subscribing proper right here.

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The Model Y Long Range sees an enormous $20,500 drop together with the Federal Tax Credit.

After steadily growing costs over the previous couple of years, Tesla has reduce them drastically throughout its lineup within the US and Europe, in an obvious bid to spice up gross sales. The least costly EV, the Model 3 RWD, has dropped from $46,990 to $43,990, whereas the 5-seat Model Y Long Range fell 20 %, from $65,990 to $52,990. That means, maybe crucially, the latter mannequin now qualifies for the $7,500 US Federal Tax credit score for EVs.

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They will not arrive till 2024 on the earliest, in keeping with analyst Ming-Chi Kuo.

Apple is engaged on an replace to the AirPods Max headphones and creating an AirPods “lite” with a $99 goal worth, in keeping with analyst Min-Chi Kuo. The new merchandise will not be coming anytime quickly, nevertheless, with a goal launch date for the extra reasonably priced AirPods no sooner than the second half of 2024. With the AirPods lite (or LE, or no matter Apple decides to name them), Apple would possible be attempting to claw again some market share from the various low-cost wi-fi buds in the marketplace. The present AirPods 2 promote for $129, whereas the AirPods 3 value $169. Neither gives energetic noise cancellation, whereas rivals from corporations like Oppo have ANC for underneath $100.

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We’ve obtained picks for each ecosystem together with some extra reasonably priced choices.


Following the discharge of the 2022 Apple iPad Air and Samsung’s Galaxy Tab S8 line final 12 months, there hasn’t been a lot motion within the pill world. Apple’s newest pill is the revamped 10.9-inch iPad, however at $449, it is extra of an improve of, somewhat than an alternate for, the inexpensive 10.2-inch iPad. Amazon launched revamped variations of its Fire HD 8 tablets. While the identical firm’s e-readers aren’t usually thought of tablets, the brand new Kindle Scribe deserves some consideration because of its pen and help for handwritten notes. We break down all of the choices.

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Bigger batteries could also be harmful in a collision.

In a keynote speech, the National Transport Safety Board NTSB (NTSBNational Transport Safety Board) chair, Jennifer Homendy, mentioned she was nervous the scale and weight of contemporary EVs may enhance the danger of great accidents and demise. A Hummer EV is over 9,000lbs, the board chief mentioned, whereas electrified variations of automobiles just like the Ford F-150 and Volvo XC40 are far heavier than their fuel engine equivalents.

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