­

Elon Musk wants Teslas to automatically call a tow truck when something breaks

By |January 30th, 2019|

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 --> READ MORE

Elon says Tesla might unveil its pickup truck ‘this summer’

By |January 30th, 2019|

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. --> READ MORE

The Criterion Channel streaming service is coming on April 8

By |January 30th, 2019|

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 --> READ MORE

Meet the 20 startups in this year’s GCT Startup-in-Residence program

By |January 30th, 2019|

At the end of last year, Grand Central Tech announced plans to work with the Milstein real estate family to transform a midtown Manhattan high-rise into a tech hub called Company. And startups remain an important part of the mix — in fact, Company is unveiling a list of 20 startups participating in this year’s --> READ MORE

Electric scooter startup Grin merges with Brazil-based Yellow

By |January 30th, 2019|

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, --> READ MORE

Facebook plans new products as Instagram Stories hits 500M users/day

By |January 30th, 2019|

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 advertisers 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 --> READ MORE

Google+ for consumers will shut down on April 2nd

By |January 30th, 2019|

It’s no secret that Google planned to pull life support from the consumer version of Google+, its failure of a social network, in April. Until now, though, we didn’t know the exact date. That date, Google announced today, is April 2. On that date, Google will start deleting all content, including Google+ pages, photos and --> READ MORE

PayPal revenues miss but growth is strong from new acquisitions

By |January 30th, 2019|

PayPal revenues missed, but strong growth from its recent iZettle and Hyperwallet acquisitions and booming business at Venmo point to a strong outlook for the payments giant. In all, PayPal saw revenues for the quarter of $4.23 billion against analysts’ estimates of $4.24 billion, according to data from Yahoo Finance. Earnings per share at the --> READ MORE

The forthcoming WarnerMedia streaming service will be partially supported by ads

By |January 30th, 2019|

In November, AT&T opened up about its plans for its forthcoming WarnerMedia streaming service, which aims to leverage the entertainment properties AT&T gained by way of its Time Warner acquisition last year. The company said the service will have three tiers — an entry-level, movie-focused service; a premium tier with original programming and blockbusters; and a --> READ MORE

Tesla reports back-to-back profitable quarters

By |January 30th, 2019|

Tesla reported Wednesday a profit of $139 million, or $0.78 a share, and better-than-expected sales, yet failed to meet analysts’ expectations for earnings in the fourth quarter. Shares fell after the markets closed and are down 1.7 percent as of 2:30 pm PT. Tesla has managed to string together two profitable periods in a row --> READ MORE