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Quibi’s top executives are ready to blame themselves, not just the pandemic, for Quibi failing

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Quibi co-founder Jeffrey Katzenberg admitted he was wrong for comments he made in May blaming the entirely of the company’s failing on the coronavirus pandemic. He’s ready to accept the blame for Quibi’s collapse.

“It [wasn’t] fair,” Katzenberg told CNBC earlier today. That chat with CNBC was the first interview he and CEO Meg Whitman did after announcing Quibi was shutting down. “It was a bit of a quippy answer — a flippant answer — at the time. But other companies have faced the challenges of COVID and have managed to find a path. I think Meg and I believe in owning our miss. Simply to blame it on COVID is not fair, and not something either of us want to do.”

Both Katzenberg and Whitman clearly wanted to get one point across in that interview: this failure is ours. The two executives are now winding the company down, trying to find buyers who may be interested in both the company’s library catalog and patented Turnstyle technology, and giving investors back part of their money. Whitman added that it became increasingly clear, “for whatever reason, that Quibi was not going to be as successful as Jeffrey and I hoped.” In the end, Katzenberg said, “what we can do is own it.”

Disclosure: Vox Media is partnered with Quibi on two shows and there were once discussions for a Verge show.

Critics and analysts predicted Quibi’s failure from the company’s infancy. (Here are exactly 11 reasons why Quibi was destined to fail.) Katzenberg, Whitman, and other Quibi executives publicly waved those concerns aside. There was a “whitespace” for this kind of high-quality, short-form video that people would pay to watch — or so they thought, Whitman told CNBC.

“Over the summer we started to see a slowdown in our momentum,” Whitman said. “We took stock of where we were and said the best thing to do, the honorable thing to do, is return money to shareholders when we knew this wasn’t going to have a path forward.”

In an open letter to investors and employees, Katzenberg and Whitman said they suspected the combination of the idea’s flaws plus the pandemic was too much for Quibi. During their interview with CNBC, the two tried to explore what went wrong, and how they tried to fix it.

For example, Quibi’s price point was likely a barrier of entry for many people, Whitman said. The company introduced a free, ad-supported tier in Australia to see if that would encourage more people to sign up. While that tier had better results, Whitman said, they weren’t “good enough to keep on going.”

Katzenberg admitted he’s “very disappointed” in how it ended, and that the whole situation “hurts a lot.” “For me, I’ve got to get on that horse and find the next mountain to charge up,” Katzenberg said. “That’s the only thing I know how to do and I’ve got a lot to prove.”

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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

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You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

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Apple will replace AirPods Pro for free with faulty noise cancellation, static or crackling

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Today, exactly one year after Apple first launched the AirPods Pro — and thus the same day the very first AirPods Pro owners will see their one-year warranties expire — Apple has launched a repair program that offers free repairs or replacements for another whole year if your AirPods Pro experience issues with noise cancellation or static.

Specifically, Apple will fix:

Crackling or static sounds that increase in loud environments, with exercise or while talking on the phone

Active Noise Cancellation not working as expected, such as a loss of bass sound, or an increase in background sounds, such as street or airplane noise

Apple says only a “small percentage of AirPods Pro” are affected by the issues, but it apparently wasn’t just an early batch — Apple says affected units were manufactured “before October 2020,” meaning every AirPods Pro ever made might be eligible. That’s quite a recall if so. Apple says it will repair faulty AirPods Pro for two years after you first buy them.

We’ve heard complaints about degraded noise cancellation before, and at least one Verge editor has replaced their AirPods Pro under warranty. It’s nice to hear that Apple isn’t just cutting buyers off as soon as that warranty expires.

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This 55″ 4K TCL Smart TV Hangs on Your Wall for $200

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Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

TCL 55″ S434 4K Smart TV | $200 | Best Buy

Best Buy has an insane deal going for a brand new 55″ 4K TCL smart TV. It’s the S434, which is pretty baseline for TCL’s lineup, but at just $200, there’s little to complain about. TCL’s panels are plenty sharp and accurate, and with this set, you’ll get HDR10 compliance for enhanced color and brightness in supported games and video content. This model has Android TV onboard for all your app needs, and with an included voice remote, all your favorite content is just a shout away with the help of Google Assistant.

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