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Netflix’s Paid Password Sharing To Roll Out “more Broadly” In The Coming Months

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An illustration of the Netflix logo.
Illustration by Alex Castro / The Verge

The era of Netflix password sharing will soon come to a close. Netflix has plans to enforce password-sharing rules “more broadly” toward the end of the first quarter of 2023, the company announced in its earnings report today.

“While our terms of use limit use of Netflix to a household, we recognize this is a change for members who share their account more broadly,” Netflix writes. “As we roll out paid sharing, members in many countries will also have the option to pay extra if they want to share Netflix with people they don’t live with.”

The company also announced that CEO Reed Hastings is stepping down after 25 years of running the company and will pass the baton to Ted Sarandos, who had already been serving as co-CEO, and Greg Peters,…

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Tesla Bumps Up Model Y Price After EV Tax Credit Adjustment

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An image showing the Tesla logo on a black vehicle
The Model Y just got more expensive. | Image: Getty Images

Tesla raised the price of its Model Y electric vehicle (EV) just hours after the US Treasury Department adjusted its EV tax credit rules, as first reported by Bloomberg. While the Tesla Model Y Long Range now costs $1,500 more at $54,990, the Model Y Performance went up by $1,000 to $57,990, excluding shipping fees.

On Friday, the Treasury Department updated the way it classifies vehicles that qualify for its $7,500 EV tax credit as part of the Inflation Reduction Act (IRA). The change should allow more vehicles — including the Model Y — to qualify for the credit, as it no longer puts certain SUV crossovers in the same category as sedans.

Previously, some models of the Model Y, alongside the Cadillac Lyriq, weren’t eligible for the EV…

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Spotify’s Founder Helped Develop An AI-Powered Body Health Scanner

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Daniel Ek and Hjalmar Nilsonne next to Neko Health’s body scanner.
Spotify CEO Daniel Ek (left) and Neko Health co-founder Hjalmar Nilsonne (right). | Image: Neko Health

Spotify founder Daniel Ek is getting into the healthcare industry. A post shared on LinkedIn names Ek as the co-founder of a startup, called Neko Health, which specializes in providing body scans powered by artificial intelligence (AI), as reported earlier by European news outlets Sifter and Tech.eu.

“After four years of intense research and product development, we are officially launching Neko Health today,” the post reads. “The company was founded by Hjalmar Nilsonne and Daniel Ek with the vision to create a healthcare system that can help people stay healthy through preventive measures and early detection.”

According to a translated version of Neko Health’s website, the Swedish company’s non-invasive full-body scanner can detect and…

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Meta Wins Fight To Buy VR Startup Within

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Image of Meta’s word mark on a red background.
Illustration by Nick Barclay / The Verge

A California judge is allowing Meta to close its acquisition of virtual reality fitness startup Within despite an ongoing antitrust case by the Federal Trade Commission, according to an unsealed ruling. On Wednesday, Bloomberg reported that the court denied the FTC’s request to block the deal but with a one-week delay that will give the FTC time to appeal. The orders were posted on Tuesday, and a status hearing on the case is set for February 7th.

The FTC sued in July of 2022 to stop Meta’s acquisition of Within, which makes the popular VR app Supernatural. The agency argued that Meta’s purchase would expand its dominance in the consumer VR market, where Meta has staked many of its resources in recent years. The commission highlighted…

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