Faraday Future is working with ‘a bankruptcy legend’ to stave off collapse

Faraday Future is working with ‘a bankruptcy legend’ to stave off collapse

Beleaguered electric vehicle startup Faraday Future is restructuring in order to survive. The company announced a new deal on Monday that could chart a path forward. The startup has been without a main financial backer for months, is unable to bring back hundreds of employees still on unpaid leave, and recently sold its own headquarters to generate cash. But its new path, financial experts tell The Verge, resembles an out-of-court bankruptcy. The would-be automaker announced…

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Epic buys Rocket League developer Psyonix, strongly hints it will stop selling the game on Steam

Epic buys Rocket League developer Psyonix, strongly hints it will stop selling the game on Steam

Fortnite creator Epic Games announced today that it’s acquired the independent game development studio Psyonix, makers of the massively popular vehicular soccer game Rocket League. As a result of the deal, Psyonix says it will have access to more resources to support Rocket League’s competitive e-sports league and, by late 2019, will bring the game to Epic’s PC storefront. After that, it sounds like Rocket League will no longer be available on Valve’s competing Steam…

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Lyft loses effort to block NYC’s driver wage rule

Lyft loses effort to block NYC’s driver wage rule

Lyft’s effort to block New York City’s first-in-the-nation minimum wage rules for drivers was blocked by a state judge Wednesday, according to Business Insider. Judge Andrea Masley ruled that Lyft’s lawsuit, which was filed in January, was insufficient to overturn the rules that went into effect February. Under the law that went into effect in February, ride-hail companies must pay drivers at least $17.22 an hour after expenses. The pay formula uses a so-called utilization…

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Spotify tests placing podcast episodes alongside music recommendations

Spotify tests placing podcast episodes alongside music recommendations

Spotify is spending millions to become a major player in podcasting, and today we got a look at how it might begin promoting shows: by placing suggested episodes into algorithmically generated playlists. A test seen by The Verge shows several short podcast episodes placed alongside personalized music suggestions in a playlist meant for the drive to work. Spotify doesn’t have a widely available podcast recommendation tool or offer curated podcast playlists right now, so this…

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5 takeaways from Attorney General Bill Barr’s Mueller report testimony

5 takeaways from Attorney General Bill Barr’s Mueller report testimony

Barr defended his handling of the investigation at a hearing where Mueller’s private remarks loomed large and partisan divisions were on display. Attorney General William Barr defended his handling of the Mueller report at a tense Senate hearing on Tuesday that highlighted the stark partisan divisions between Republicans and Democrats over the special counsel’s conclusions. Barr started off his testimony on the defensive, after a letter Mueller wrote to Barr on March 27 was made…

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Vox Sentences: Venezuela’s clash of leaders turns violent

Vox Sentences: Venezuela’s clash of leaders turns violent

Vox Sentences is your daily digest for what’s happening in the world. Sign up for the Vox Sentences newsletter, delivered straight to your inbox Monday through Friday, or view the Vox Sentences archive for past editions. The highest sports court upholds a controversial ruling affecting female athletes; Guaidó calls for an armed uprising in Venezuela. Female athletes must regulate their hormone levels, court rules Lukas Schulze/Getty Images for IAAF The Court of Arbitration for Sport,…

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