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"Video game console sales in the U.S. have cratered," reports Tom's Hardware, with sales through August far below where they'd been in 2025: Mat Piscatella, the video game industry advisor at research firm Circana, shared the numbers on his Bluesky account - PlayStation 5 sales have dropped by 25%, putting it at its lowest point since 2013, when gamers held off buying PlayStation consoles in anticipation of the arrival of the PS4, while Xbox's retail figures have cratered by 33% YTD, putting its sales numbers at an all-time low since its launch almost 25 years ago. Piscatella said price sensitivity is becoming a real problem among gamers, especially as the chip shortage has pushed console manufacturers to raise prices. Microsoft has raised the price of the Xbox three times in the past two years, with the 512GB versions jumping by $100 and 1TB models becoming $150 more expensive. Worse, the company has killed off the 2TB model. This brought the Xbox Series S to $499.99 (512GB) and $599.99 (1TB), while the Xbox Series X now costs $749.99 for the Digital Edition, and the disc version costs $50 more at $799.99. PlayStation fans haven't escaped these price hikes, as Sony raised prices for that console by $100 to $150. The base Digital Edition PS5 now costs $599.99, while the version with an optical drive is priced at $649.99. If you want the PS5 Pro, you'll have to shell out $899.99, while those who want to stream games from their console via the PlayStation Portal must now pay $249.99 - $50 higher than its $199.99 launch price. Even used consoles didn't escape inflation, with Sony bumping the price of refurbished PS5 Slim consoles by $100, bringing them to $399. "Still, Piscatella says the U.S. hardware market has never been more precarious since the early 1980s."

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12 Oct 2026 1:09am GMT

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12 Oct 2026 12:02am GMT

CNBC reports: As Anthropic barrels toward a potential $2 trillion market cap on the Nasdaq, one research firm is valuing the artificial intelligence company at a mere $150 billion and says Wall Street is about to face an "unprecedented test of investor gullibility." In a report on Tuesday, independent financial research provider New Constructs called Anthropic's upcoming offering the "most ridiculous IPO of 2026." To reach its desired valuation, the firm estimates Anthropic would need to record double the trailing year of profit for Nvidia, the world's most valuable tech company. Nvidia's net income over the past four quarters topped $190 billion. Meanwhile, Anthropic's revenue in 2025 was $4.6 billion as the company racked up a net loss of $42 billion, according to Reuters, which cited a leaked copy of the company's prospectus. Anthropic's mounting operating losses coupled with emerging competition from a plethora of open-source models led New Constructs to conclude that, "We don't think Anthropic has a viable business...." Anthropic didn't respond to a request for comment... The New Constructs report also notes that Anthropic's assertion that AI could pose "a catastrophic or existential risk to humanity" is another reason why investors should avoid the IPO. Reuters reported that Anthropic's IPO prospectus "highlights risks associated with its AI models, which it said could exhibit 'self-preserving behaviors,' including attempts to 'resist shutdown,' to 'conceal or manipulate information' and behavior 'resembling blackmail.'" Now Bloomberg writes that "investors considering Anthropic's planned mega-IPO are grappling with an unusual, and more than a little scary, conundrum: How to value a company that some fear could help wipe out the human race?" Anthropic's valuation also drew some scrutiny from a senior analyst at PitchBook. "A $2 trillion price is about 435 times 2025 revenue, less than 44 times the annualized second-quarter revenue of more than $46 billion and just under 31 times the July run rate."

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11 Oct 2026 11:58pm GMT

Catch up on the latest Linux news: Python 3.15, COSMIC Desktop 1.10, OpenSSH 10.6, Tmux 3.8, NVIDIA 615.78.08, Flathub reverses AI-generated app ban, and more.

11 Oct 2026 10:55pm GMT

"Gas cars are now a minority of the world's new car sales," reports Electrek. Gasoline-only vehicles made up 49% of global new-vehicle sales in the first half of 2026, down from 73% in 2021, according to Mobility Global data first reported by Nikkei. It's the first time on record that they've been under half. But there's a catch: most of the cars taking their place still have a gas tank... [The share of gas-only vehicles] fell three points in a single year, from 52% to 49%. Battery-electric vehicles grew 12% to 6.87 million units and took 17% of the market, up three points. Conventional hybrids grew 10% to 7.27 million units, or 18%... [T]he rest is diesel, plug-in hybrids and a few minor fuels. Nikkei ties the acceleration to oil. Fuel prices spiked with the conflict in the Middle East, and buyers went looking for lower running costs. The whole car market shrank about 5% in the first half, according to the IEA, so gas-only sales fell twice as fast as the market. Gas car sales dropped the most in China, down 26%, followed by Europe at 13%... Mobility Global has battery-electric sales up 32% in Europe to 1.81 million, up 81% in Southeast Asia to 350,000, and more than doubling in Oceania to 110,000... Yoshiaki Kawano, an associate director at Mobility Global, told Nikkei that few EV buyers go back to gasoline cars or hybrids. He expects demand based on "genuine consumer needs rather than subsidies" to grow as prices come down... [Hybrids] outsold battery-electric vehicles in the first half, 7.27 million to 6.87 million... Only the 17% that's battery-electric burns no fuel at all. So about 83% of the new vehicles sold in the world this year still came with an engine. The article notes that U.S. hybrid sales were up 23%, reaching a record 16.3% of vehicles sold in the second quarter of 2026, while the share of ICE vehicles went down. Gas-only cars went from 73% to 49% of the market in less than five years, and nothing in the data suggests they're getting that share back. The last time gasoline wasn't on top was the early 1900s, when steam and electric cars outsold it in the US. I hate seeing media headlines claiming that "EV sales are down" and that "EV growth has stalled." The data is clear: that's true in the US, but only in the US. The rest of the world is moving to electric vehicles, and it is not slowing down.

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11 Oct 2026 9:10pm GMT

The open-source mobile OS LineageOS 24.0 launches with Android 17, a new photo editor, improved updates, and redesigned system applications.

11 Oct 2026 8:51pm GMT

ProtonUp-Qt 2.16 adds proton-wineland support, fixes GE-Proton installation issues, and improves Heroic Games Launcher integration.

11 Oct 2026 7:30pm GMT

Alex Gibney's provocative film is compelling but overlong, and there's not much new here for Ars readers.

11 Oct 2026 6:10pm GMT

Also: new trailer for Godzilla Minus Zero, the sequel to Takashi Yamazaki's kaiju epic Godzilla Minus One

11 Oct 2026 2:50pm GMT

Participants meditated inside an MRI tube, with and without psilocybin.

10 Oct 2026 11:15am GMT