The Tesla Model Y — the SUV electric vehicle that CEO Elon Musk has been teasing and talking about since 2015 — will begin volume production by the end of 2020, the company said Wednesday in a letter to shareholders. The automaker, which has yet to show a prototype of the vehicle, said it will…
On Wednesday New York Attorney General Letitia James announced that her office had reached a settlement with Devumi, a company that made millions selling fake followers to unsuspecting customers. The state of New York found that Devumi had engaged in illegal deception and illegal impersonation in the course of fluffing up social media profiles with its…
Grab’s fundraising push continues unabated after the Southeast Asian ride-hailing firm announced that it has raised $200 million from Central Group, a retail conglomerate based in Thailand. Central’s business covers restaurants, hotels and more than 30 malls in Thailand, while it has operations in markets that include Vietnam and Indonesia. Its public-listed holding companies alone are worth more…
Are we all addicted to the Internet? Maybe. The latest Digital 2019 report, from Hootsuite and We Are Social, shows we’re spending on average 6 hours and 42 minutes online each day. Half of that is spent on mobile devices. That figure sounds like a lot, but it’s absolutely astronomical when spread across an entire…
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter. Source link Jessica VenkatJessica spends 12 hours a day…
Roughly half of Instagram’s users 1 billion users now use Instagram Stories every day. That 500 million daily user count is up from 400 million in June 2018. 2 million advertiseres are now buying Stories ads across Facebook’s properties. CEO Mark Zuckerberg called Stories the last big game-changing feature from Facebook, but after concentrating on…
As Tesla ramps up production and gets more cars on the road, the company is still working out a few speed bumps when it comes to service. When something goes wrong, getting it fixed tends to take longer than many owners are willing to wait. In September of last year, Elon Musk promised to make…
Consolidation in the micromobility space has arrived — in Brazil, at least. A few months after Y Combinator-backed Grin merged its electric scooter business with Brazil-based Ride, it’s now merging with Yellow, the bike-share startup based in Brazil that has also expressed its ambitions to get into electric scooters. If Yellow sounds familiar to you,…
The Criterion Collection’s streaming service has a launch date: April 8. The company had previously made its library of classic art-house and international films available through streaming partners — first Hulu, then FilmStruck. However, FilmStruck shut down last fall, apparently a victim of its corporate parent WarnerMedia’s bigger streaming plans. Criterion subsequently announced that it…
Tesla is building a pickup truck. We’ve known that for a few years now. But when? In an earnings call this afternoon, Elon Musk said that he’s hoping to unveil the truck this summer. “It will be… unique,” he added. Note, of course, that “unveil” doesn’t mean “ship”. That presumably won’t happen for a while.…
