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Tech prices surge as U.S. closes import loophole
Tech pricing is in freefall as the U.S. closes the de minimis trade loophole, sending Xbox prices through the roof and forcing retailers to split their operations. Meanwhile, Apple faces potential criminal charges after a judge found executives lied under oath about App Store practices. From NASA budget cuts to AI bots manipulating Reddit users, the cost of technology—both financial and ethical—has never been higher.
May 3, 2025