Elon Musk says Tesla Semi is ready for production, but limited by battery cell output

Thu, 28 Jan 2021 00:50:52 +0000
Tesla CEO Elon Musk said on the company’s 2020 Q4 earnings call that all engineering work is now complete on the Tesla Semi, the freight-hauling semi truck that the company is building with an all-electric powertrain. The company expects to begin deliveries of Tesla Semi this year, it said in its Q4 earnings release, and […]
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Pro-Trump Twitter figure arrested for spreading vote-by-text disinformation in 2016

Thu, 28 Jan 2021 00:38:02 +0000
The man behind a once-influential pro-Trump account is facing charges of election interference for allegedly disseminating voting disinformation on Twitter in 2016. Federal prosecutors allege that Douglass Mackey, who used the name “Ricky Vaughn” on Twitter, encouraged people to cast their ballot via text or on social media, effectively tricking others into throwing away those votes. […]
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Tesla is willing to license Autopilot and has already had ‘preliminary discussions’ about it with other automakers

Thu, 28 Jan 2021 00:21:47 +0000
Tesla is open to licensing its software, including its Autopilot highly-automated driving technology and the neural network training it has built to improve its autonomous driving technology. Tesla CEO Elon Musk revealed those considerations on the company’s Q4 earnings call on Wednesday, adding that the company has in fact already “had some preliminary discussions about […]
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WallStreetBets goes dark

Thu, 28 Jan 2021 00:03:38 +0000
After a wild day for public markets driven by Reddit traders commandeering stocks and combatting hedge fund short sellers, the community at r/wallstreetbets no longer has a home on Discord and its Reddit community has been locked down as an invite-only subreddit for the time being. Update: 4:49pm PT: The r/wallstreetbets subreddit returned with a […]
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Tesla’s power businesses are beginning to take off

Wed, 27 Jan 2021 23:30:30 +0000
Tesla just released its latest earnings report, and the results indicate that Elon Musk’s bets on energy storage and solar are beginning to pay off. The storage business was the star of the company’s power plays in the fourth quarter, with quarterly year-on-year growth approaching 200%. As the company said in its presentation to shareholders, […]
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Daily Crunch: GameStop becomes a meme stock

Wed, 27 Jan 2021 23:11:37 +0000
Reddit users have some fun with the stock market, Facebook predicts advertising challenges and ByteDance is cutting jobs in India. This is your Daily Crunch for January 27, 2021. The big story: GameStop becomes a meme stock GameStop’s stock continued to climb today, along with Blockbuster and AMC — all stocks shorted by institutional investors. […]
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ProtonMail, Threema, Tresorit and Tutanota warn EU lawmakers over ‘anti-encryption’ push

Wed, 27 Jan 2021 23:01:46 +0000
Four European apps which secure user data via end-to-end encryption, ProtonMail, Threema, Tresorit and Tutanota, have issued a joint-statement warning over recent moves by EU institutions that they say are setting lawmakers on a dangerous path to backdooring encryption. End-to-end encryption refers to a form of encryption where the service provider does not hold keys […]
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This is the new interior of Tesla’s Model S and Model X

Wed, 27 Jan 2021 22:45:52 +0000
The Model S will see some significant changes to its interior this year. After months of rumors, Tesla confirmed the revisions in a few images released just ahead of its quarterly earnings call scheduled for later this afternoon. Some of the changes — like the shift to a widescreen display — are things that have […]
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IAC’s Teltech acquired encrypted mobile messaging app Confide

Wed, 27 Jan 2021 22:22:09 +0000
IAC has acquired Confide, the encrypted mobile messaging that once made headlines for its use by White House staffers during the Trump administration. The deal, which closed on Dec. 1, 2020 but was not publicly announced, sees Confide joining Teltech, the makers of spam call-busting app Robokiller, which itself had joined IAC’s Mosaic Group by […]
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Squarespace files privately to go public

Wed, 27 Jan 2021 22:13:59 +0000
Squarespace announced this afternoon that it is going public. The online website creation and hosting service is a venture-backed entity, having raised Series A and B rounds in 2010 and 2014, respectively. Those deals were worth a combined $78.5 million, according to Crunchbase data. But Squarespace is perhaps best known for its epic 2017-era $200 million […]
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Investors don’t seem that impressed by Apple’s $111 billion quarter

Wed, 27 Jan 2021 22:09:49 +0000
On Wednesday, Apple announces that it had banked $111.4 billion of revenue in a single quarter, beating investor expectations and blowing past its previous all-time revenue record. Investors yawned with the stock down slightly in after-hours trading following the report’s release. It’s a big number but it also bested analyst’s forecasts for Apple’s first quarter. […]
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Facebook predicts ‘significant’ obstacles to ad targeting and revenue in 2021

Wed, 27 Jan 2021 21:49:16 +0000
While Facebook’s fourth quarter earnings report included solid user and revenue numbers, the company sounded a note of caution for 2021. In the “CFO outlook” section of the earnings release, Facebook said it anticipates facing “more significant advertising headwinds” this year. “This includes the impact of platform changes, notably iOS 14, as well as the […]
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How trading apps are responding to the GameStop fustercluck

Wed, 27 Jan 2021 21:17:42 +0000
The furor surrounding GameStop and its stock price has consumed social media, business television, and the hopes and dreams of many retail investors. It has even convinced some folks that causing short-term economic damage to a few hedge funds is similar to shaking up the global financial market. It isn’t, but a lot of folks […]
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SoftBank teams with home-goods maker Iris Ohyama for new robotics venture

Wed, 27 Jan 2021 21:13:29 +0000
You’d be forgiven for being underwhelmed by the output from SoftBank Robotics thus far. The firm’s best-known product to date is almost certainly Pepper, a humanoid robot designed for greeting and signage that grew out of it 2015 acquisition of French robotics company Aldebaran. There’s also the matter of the investment firm’s acquisition and eventual […]
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VC investment in proptech can yield profits and change lives

Wed, 27 Jan 2021 21:00:11 +0000
This isn’t a pie-in-the-sky vision. The future is here and the call to action is now. 
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SAP is buying Berlin business process automation startup Signavio

Wed, 27 Jan 2021 20:26:00 +0000
Rumors have been flying this week that SAP was going to buy Berlin business process automation startup Signavio, and sure enough the company made it official today. The companies did not reveal the purchase price, but Bloomberg reported earlier this week that the deal could be worth $1.2 billion. With Signavio SAP gets a cloud-native […]
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Could meme stocks like GameStop kill bitcoin’s rise?

Wed, 27 Jan 2021 19:24:32 +0000
Cryptocurrencies, more so than most other things, are only valuable because of a shared agreement that they are valuable. Their value is a product of digital handshakes over millions of transactions firming up that consensus. For bitcoin, the trust that it has worth has turned more valuable in the past several months; it’s been on […]
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Robert Downey Jr. is launching a new ‘rolling’ venture fund to back sustainability startups

Wed, 27 Jan 2021 19:02:18 +0000
A little less than two years ago, when the actor, producer and investor Robert Downey Jr. unveiled his new, sustainability focused initiative called the FootPrint Coalition at Amazon’s re:MARS conference it was little more than a static website and a subscription prompt. Jump cut to today, and the firm now has five portfolio companies, a […]
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Spin bets its scooter future on 3 wheels and remote-control tech

Wed, 27 Jan 2021 18:18:33 +0000
Spin, the micromobility startup acquired by Ford, has developed a new scooter with partners Segway-Ninebot and software startup Tortoise that aims to solve the sidewalk clutter problem for good. The Spin S-200 scooter not only has three wheels — a design change that helps it stand out in a crowded pool of two-wheelers — it’s […]
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Dear Sophie: How can I sponsor my mom and stepdad for green cards?

Wed, 27 Jan 2021 18:00:58 +0000
My biological dad passed away several years ago when I was an adult and my mom has since remarried. Can they get green cards?
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