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Lamborghini CEO: We are selling ‘more cars than we are able to produce’

Every December, the well-heeled and art world cognoscenti flock to South Florida for this week’s Art Basel Miami (though many would like to forget about last year’s NFT-driven mania). High-end automakers are on display as well, including Rolls-Royce, Porsche, and Lamborghini. For Lamborghini, it was a chance to show off its latest creation — the…

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Apple’s VR Headset Might Be Its Biggest Flop in Decades — Here’s Who the Real Winners Will Be

The virtual reality (VR) market has been heating up, with dozens of major players and startups rolling out their versions of the original Oculus. The clear winner is currently Meta Platforms Inc. (NASDAQ: META) with a reported 90% market share in the VR industry. This is in line with the company’s massive spending in the…

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Vietnamese Tesla Rival Sets Sail for the U.S. Market

VinFast is shipping 999 of its electric vehicles to California as the Vietnamese company looks for a place in the U.S. market. The Vietnam-based electric vehicle maker is taking the slow boat to California as it sends its first batch of 999 VF 8s, the company’s 5-seater electric SUV, to America aboard the Silver Queen,…