Tesla Motors was started by a group of Silicon Valley entrepreneurs and strives to create a revolution and accelerate the world's transition to electric mobility with a full range of increasingly affordable electric cars. Tesla vehicles are EVs, which are transforming the way people drive and move. Tesla has gone public as of June 29, 2010 and has a market cap of $34.32 billion.
The Tesla Model 3 is unique in a lot of ways, but one of the more interesting is its use of your smartphone as the only key - there's not fob, even, let alone an ignition for a traditional key. The vehicle uses the Tesla app on your smartphone to communicate your identity, unlock the vehicle, and know when it's ready to start and turn off.
It was a great day for Redfin, the Seattle-based real estate site that finally went public after 13 years as a startup. This gives Redfin a market cap of $1.73 billion, well above its last private round, which was about $770 million. Kelman characterized Redfin as the Amazon of real estate because he wants his company to be a one-stop shop for all things real estate.
Tesla revealed more about its brand-new Model 3 than it ever has before just in time for the first deliveries to customers. Musk explained that its production includes the same sensor hardware as the Model S and Model X, despite other features and design elements being pared back considerably to help increase manufacturing efficiencies. The Model S, by comparison, is nearly all aluminum, which is harder to use in production. Musk continually returned to the challenges represented by manufacturing and ramping the production process.
The Tesla Model 3 is now a known quantity - we have information about the different kit options available at launch, as well as interior and exterior measurements, and car performance and cabin comforts. Tesla CEO Elon Musk said that the whole point was to make car that is the best car, hands down, for anything close to the same cost, and it makes a strong case for that on paper.
Known as a member of the PayPal Mafia, Nosek has stayed in contact with Musk as a director of SpaceX, the space exploration company. As Axios first reported, he's launching an investment firm called Gigafund that will reportedly help Musk's SpaceX raise capital. Luke is leaving Founders Fund to launch a new endeavor. His unwavering commitment to entrepreneurs and passion for technology shaped the founding ethos of Founders Fund.
T-Mobile and Sprint have been in merger talks for a long while now, but the latter may be attempting to jockey for position by allying itself with Charter and Comcast, the Wall Street Journal reports. Details are scarce, but the deal isn't likely to be a full-on merger, according to a Reuters source. Instead, Sprint would likely be selling a minority stake to the ISPs in exchange for providing access to its network infrastructure.
Earlier this week scientists stunned us with the announcement they'd genetically altered the first human embryos in the US using CRISPR technology - but don't hold your breath if you think the ability to make designer babies is right around the corner. The team from Shoukhrat Mitalipov of Oregon Health and Science University who CRISPR'd the embryos only let them grow for a few days, with zero intention of letting them develop into a human baby.
Earlier this month, three Snoqualmie, Wash.-based nutrition and technology experts launched Vitamin Packs with $1.7 million in early-stage funding from angel investors. We also have a renowned science advisory board that monitors and evaluates the latest nutrition and lifestyle scientific research. Vitamin Packs offers 70 high-quality vitamins and nutritional supplements that are tested for strength and composition to ensure purity, efficacy, and bioavailability of ingredients.
Dear Floyd Mayweather, While perusing Facebook, I chanced across your post drumming up interest in the upcoming Stox initial coin offering (ICO). The financial diligence on a traditional IPO takes months and involves hundreds of legal and financial experts. The SEC recognizes that buying stock in private tech companies is more risky than buying stock in blue-chip companies. Even with some regulation, very little precedent exists around ICOs and more rules are surely on the horizon.
In an unsurprising move by credit card thieves police have found a new credit card skimmer that sends stolen data via SMS. By tearing apart cheap phones, crooks are able to send credit card information to their location instantly without having to access the skimmer physically or rely on an open Bluetooth connection. This skimmer connected to the internals of the pump and received power from the pump itself, meaning there was no need to worry about the battery failing.
They say you can tell a real smile because it reaches the eyes. Of course, that just means we all have to learn to fake that kind of smile, too. Google Research just published a fun little project that attempts to track expressions solely by looking at your eyes inside the headset. Enough, anyway, that a deep learning system can figure out a few basic expressions and degrees thereof with decent accuracy.
Yet the CEO and the company he founded were suddenly at the center of home privacy concerns over a report that he was looking to sell Roomba home mapping information to the highest bidder. When we reached out earlier in the week, the executive answered noncommittally that iRobot has not formed any plans to sell the data. A new statement issued to ZDNET earlier today gets more to the heart of the matter, stating that iRobot will never sell your data.
Whisper refuses to race into the graveyard like fellow anonymous social apps Secret and Yik Yak. We have been very focused on getting the company cash flow positive Whisper CEO Michael Hayward tells TechCrunch. That's an impressive ramp up of its business, as Whisper is said to have had no revenue a year ago. Whisper lets anyone post anonymous snippets of text that other users can like or comment on.
Amazon and its enterprise cloud division AWS have been making a number of moves to expand the company as a platform to build and host games. Those quarterly earnings, published yesterday, revealed that Amazon had made $633 million in acquisitions in the quarter. Features that developers could build using GameSparks' platform include leaderboards, real-time and turn-based multiplayer, notifications and player save data. Enjoy peace of mind in fast growth environments with GameSparks' dynamically scalable cloud-based capacity and high quality 24/7 infrastructure management.
At launch, Life Bot's Alexa app has a handful of tricks up its sleeve. Life Bot's longer-term ambition is to learn from its users, then be able to kick-off personalized workflows with a single voice command. Another might have Alexa dictate their schedule for the day, then receive a list of reminders that are in need of scheduling. To make it easier to get started, Life Bot combines voice app functionality with text messaging.
Alistair Goodman, CEO of mobile marketing company Placecast, said location data is the next frontier when it comes to ad measurement and verification. That's what Placecast is planning to change with its new Location Verification product - Goodman described it as the first industry truthset for scoring the accuracy of other data. In fact, in early testing of the product, Placecast found that 25 percent of impressions were targeted improperly.
Despite an early lead with Windows Mobile and Windows CE - and spending billions on Nokia's mobile business - Microsoft has been on its heels in the mobile device market since the one-two punch of iPhone and Android launching in 2007. The upcoming introduction of x86-compatible ARM chips and the rise of progressive web apps could drive a return to the mobile market for Microsoft. Google has been pushing progressive web apps that make desktop websites run virtually like native apps on tablets and mobile.
There's something in common with the last three companies to go public in the Seattle area. That would be Madrona Venture Group, which was an early investor in Impinj Apptio, and Redfin, which debuted on the Nasdaq exchange on Friday morning. RFID-maker Impinj, meanwhile, raised some of its initial investment from Madrona in the early 2000s, and the firm participated in each round of financing before the company went public in July.