Google to unveil its new streaming gaming hardware at GDC

Google will unveil new gaming hardware in a keynote speech at a major video game conference next month, 9to5Google reported, taking on traditional players in the gaming space like Microsoft’s Xbox and Sony’s PlayStation. Google’s gaming initiative, known as “Project Yeti” as first reported by The Information, will be taking on traditional and newer players in the gaming space. Even Amazon has been working on a video game streaming service, according to The Information. The announcement will come


Google will unveil new gaming hardware in a keynote speech at a major video game conference next month, 9to5Google reported, taking on traditional players in the gaming space like Microsoft’s Xbox and Sony’s PlayStation. Google’s gaming initiative, known as “Project Yeti” as first reported by The Information, will be taking on traditional and newer players in the gaming space. Even Amazon has been working on a video game streaming service, according to The Information. The announcement will come
Google to unveil its new streaming gaming hardware at GDC Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: lauren feiner, stephen lam
Keywords: news, cnbc, companies, reported, gaming, stream, service, google, streaming, googles, unveil, hardware, traditional, games, game, project, gdc


Google to unveil its new streaming gaming hardware at GDC

Google will unveil new gaming hardware in a keynote speech at a major video game conference next month, 9to5Google reported, taking on traditional players in the gaming space like Microsoft’s Xbox and Sony’s PlayStation.

The service is said to let users stream console-quality games on cheaper hardware, with the ultimate goal of offering a “Netflix for games” subscription service. With the move, Google could shake up the growing gaming industry, which research firm Newzoo predicted booked $138 billion in revenue in 2018.

Google’s gaming initiative, known as “Project Yeti” as first reported by The Information, will be taking on traditional and newer players in the gaming space. Nvidia and Sony already offer streamed games, and Microsoft is working on a streaming product called Project xCloud. Even Amazon has been working on a video game streaming service, according to The Information.

The announcement will come after Google’s game streaming service beta trial ended in January. The trial let gamers test play “Assassin’s Creed Odyssey” in Google’s Chrome browser as part of what it called Project Stream. Google’s push into game streaming follows traditional game developers who have seen major success in free-to-play online games like Epic Games’ “Fortnite” and EA’s “Apex Legends.”

Project Stream relied on PlayStation or Xbox controllers if users wished to use a device to play the game. Google’s new hardware would mean the company could sell controllers unique to its own service. Attendees of the Game Developers Conference in San Francisco have speculated about Google’s announcement at the event since it sent a mysterious invitation to media members, saying “all will be revealed” on March 19, The Verge reported Tuesday.

Google did not immediately respond to a request for comment.

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Watch: Gaming stocks battling it out as Fortnite is causing glitches for the biggest companies


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: lauren feiner, stephen lam
Keywords: news, cnbc, companies, reported, gaming, stream, service, google, streaming, googles, unveil, hardware, traditional, games, game, project, gdc


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Tesla customers describe maddening problems with returns and refunds

In reality, getting a refund hasn’t been simple for some Tesla customers, as the company has struggled with growing pains that Musk has described as “delivery logistics hell.” CNBC interviewed more than a dozen people who have recently sought refunds from Tesla, and reviewed their correspondence with the company along with relevant financial records. In extreme cases, Tesla left customers waiting for months beyond the date when sales or customer service personnel had originally promised to repay


In reality, getting a refund hasn’t been simple for some Tesla customers, as the company has struggled with growing pains that Musk has described as “delivery logistics hell.” CNBC interviewed more than a dozen people who have recently sought refunds from Tesla, and reviewed their correspondence with the company along with relevant financial records. In extreme cases, Tesla left customers waiting for months beyond the date when sales or customer service personnel had originally promised to repay
Tesla customers describe maddening problems with returns and refunds Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: lora kolodny, salwan georges, the washington post, getty images, https, laptopuniversecom, stephen lam, aly song
Keywords: news, cnbc, companies, problems, sales, test, maddening, car, spokesperson, returns, customers, refund, cases, sent, refunds, tesla


Tesla customers describe maddening problems with returns and refunds

Tesla can be sloppy and inconsistent in the way it handles returns and refunds, leaving some customers stressed and others stranded with no car and no means to buy another until they get their money back.

In the fourth quarter of 2018, as Tesla exerted itself to achieve profitability, CEO Elon Musk urged people to place their orders before year-end, when a tax credit for electric cars would become a lot less valuable. He touted the company’s lenient return policy as part of his sales pitch.

Musk emphasized the refund and returns policy in a series of tweets, saying: “full refund if Tesla can’t deliver your car this year,” and “If you order a car without a test drive you get 3 days to return for a full refund vs 1 day if you do get a test drive.”

In reality, getting a refund hasn’t been simple for some Tesla customers, as the company has struggled with growing pains that Musk has described as “delivery logistics hell.”

CNBC interviewed more than a dozen people who have recently sought refunds from Tesla, and reviewed their correspondence with the company along with relevant financial records.

These people returned their cars for allowable reasons, or decided to cancel their reservations with Tesla rather than move an order forward.

In extreme cases, Tesla left customers waiting for months beyond the date when sales or customer service personnel had originally promised to repay them, they say. In one case, a refund check for a $1,000 reservation fee bounced. In another, Tesla did not refund the $1,000 reservation fee, but instead sent a $40,000 check for a car that the customer never took possession of. In both cases, Tesla says it is now working with the customers on a resolution.

Even in cases where payment was prompt, some customers recounted that they received no information notifying them that Tesla had paid them back.

A Tesla spokesperson said, “Anytime we get a refund request, we work to process it as quickly as we can,” and noted that most refunds are sent within 30 days. But the spokesperson said fraud prevention and processing delays with certain financial institutions may lengthen the response.


Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: lora kolodny, salwan georges, the washington post, getty images, https, laptopuniversecom, stephen lam, aly song
Keywords: news, cnbc, companies, problems, sales, test, maddening, car, spokesperson, returns, customers, refund, cases, sent, refunds, tesla


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Tesla customers describe maddening problems with returns and refunds

In reality, getting a refund hasn’t been simple for some Tesla customers, as the company has struggled with growing pains that Musk has described as “delivery logistics hell.” CNBC interviewed more than a dozen people who have recently sought refunds from Tesla, and reviewed their correspondence with the company along with relevant financial records. In extreme cases, Tesla left customers waiting for months beyond the date when sales or customer service personnel had originally promised to repay


In reality, getting a refund hasn’t been simple for some Tesla customers, as the company has struggled with growing pains that Musk has described as “delivery logistics hell.” CNBC interviewed more than a dozen people who have recently sought refunds from Tesla, and reviewed their correspondence with the company along with relevant financial records. In extreme cases, Tesla left customers waiting for months beyond the date when sales or customer service personnel had originally promised to repay
Tesla customers describe maddening problems with returns and refunds Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: lora kolodny, salwan georges, the washington post, getty images, https, laptopuniversecom, stephen lam, aly song
Keywords: news, cnbc, companies, returns, refund, spokesperson, problems, test, car, maddening, refunds, sales, customers, sent, tesla, cases


Tesla customers describe maddening problems with returns and refunds

Tesla can be sloppy and inconsistent in the way it handles returns and refunds, leaving some customers stressed and others stranded with no car and no means to buy another until they get their money back.

In the fourth quarter of 2018, as Tesla exerted itself to achieve profitability, CEO Elon Musk urged people to place their orders before year-end, when a tax credit for electric cars would become a lot less valuable. He touted the company’s lenient return policy as part of his sales pitch.

Musk emphasized the refund and returns policy in a series of tweets, saying: “full refund if Tesla can’t deliver your car this year,” and “If you order a car without a test drive you get 3 days to return for a full refund vs 1 day if you do get a test drive.”

In reality, getting a refund hasn’t been simple for some Tesla customers, as the company has struggled with growing pains that Musk has described as “delivery logistics hell.”

CNBC interviewed more than a dozen people who have recently sought refunds from Tesla, and reviewed their correspondence with the company along with relevant financial records.

These people returned their cars for allowable reasons, or decided to cancel their reservations with Tesla rather than move an order forward.

In extreme cases, Tesla left customers waiting for months beyond the date when sales or customer service personnel had originally promised to repay them, they say. In one case, a refund check for a $1,000 reservation fee bounced. In another, Tesla did not refund the $1,000 reservation fee, but instead sent a $40,000 check for a car that the customer never took possession of. In both cases, Tesla says it is now working with the customers on a resolution.

Even in cases where payment was prompt, some customers recounted that they received no information notifying them that Tesla had paid them back.

A Tesla spokesperson said, “Anytime we get a refund request, we work to process it as quickly as we can,” and noted that most refunds are sent within 30 days. But the spokesperson said fraud prevention and processing delays with certain financial institutions may lengthen the response.


Company: cnbc, Activity: cnbc, Date: 2019-02-21  Authors: lora kolodny, salwan georges, the washington post, getty images, https, laptopuniversecom, stephen lam, aly song
Keywords: news, cnbc, companies, returns, refund, spokesperson, problems, test, car, maddening, refunds, sales, customers, sent, tesla, cases


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Facebook wants to make a new virtual assistant that’s smarter than Siri or Alexa, report says

Facebook is hoping its artificial intelligence chips will someday power a virtual assistant smarter than Apple’s Siri or Amazon’s Alexa, according to the Financial Times. Tech giants and semiconductor makers alike have taken up the project, and Facebook has apparently given itself a tall task. “If there’s any stone unturned, we’re going to work on it,” Yann LeCun, Facebook’s chief AI scientist, told the Financial Times. The tool was partially powered by AI and partially the work of contracted em


Facebook is hoping its artificial intelligence chips will someday power a virtual assistant smarter than Apple’s Siri or Amazon’s Alexa, according to the Financial Times. Tech giants and semiconductor makers alike have taken up the project, and Facebook has apparently given itself a tall task. “If there’s any stone unturned, we’re going to work on it,” Yann LeCun, Facebook’s chief AI scientist, told the Financial Times. The tool was partially powered by AI and partially the work of contracted em
Facebook wants to make a new virtual assistant that’s smarter than Siri or Alexa, report says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-19  Authors: sara salinas, stephen lam, magdalena petrova
Keywords: news, cnbc, companies, virtual, smarter, alexa, assistant, work, portal, facebooks, thats, lecun, report, siri, financial, partially, wants, told, tool, facebook, ai


Facebook wants to make a new virtual assistant that's smarter than Siri or Alexa, report says

Facebook is hoping its artificial intelligence chips will someday power a virtual assistant smarter than Apple’s Siri or Amazon’s Alexa, according to the Financial Times.

The company announced a partnership with Intel last month, entering a stiff race to develop a more specialized and powerful artificial intelligence chip. Tech giants and semiconductor makers alike have taken up the project, and Facebook has apparently given itself a tall task.

“If there’s any stone unturned, we’re going to work on it,” Yann LeCun, Facebook’s chief AI scientist, told the Financial Times.

A niche AI chip could aid in Facebook’s content moderation battle, more accurately finding and removing abusive content across Facebook’s platforms. It could also boost Facebook’s burgeoning hardware division, which launched the first Facebook-branded home device, Portal, last fall.

Facebook in 2015 launched a text-based digital assistant, dubbed M, within its Messenger app. The tool was partially powered by AI and partially the work of contracted employees. Facebook ultimately killed the tool, but it could be looking toward a revamp of sorts.

“In terms of new uses, one thing Facebook would be interested in is offering smart digital assistants — something that has a level of common sense,” LeCun told the Financial Times. “They have background knowledge and you can have a discussion with them on any topic.”

Read the full report at the Financial Times.

WATCH: Facebook Portal review — great for video calls but lacks compelling features


Company: cnbc, Activity: cnbc, Date: 2019-02-19  Authors: sara salinas, stephen lam, magdalena petrova
Keywords: news, cnbc, companies, virtual, smarter, alexa, assistant, work, portal, facebooks, thats, lecun, report, siri, financial, partially, wants, told, tool, facebook, ai


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Facebook wants to make a new virtual assistant that’s smarter than Siri or Alexa, report says

Facebook is hoping its artificial intelligence chips will someday power a virtual assistant smarter than Apple’s Siri or Amazon’s Alexa, according to the Financial Times. Tech giants and semiconductor makers alike have taken up the project, and Facebook has apparently given itself a tall task. “If there’s any stone unturned, we’re going to work on it,” Yann LeCun, Facebook’s chief AI scientist, told the Financial Times. The tool was partially powered by AI and partially the work of contracted em


Facebook is hoping its artificial intelligence chips will someday power a virtual assistant smarter than Apple’s Siri or Amazon’s Alexa, according to the Financial Times. Tech giants and semiconductor makers alike have taken up the project, and Facebook has apparently given itself a tall task. “If there’s any stone unturned, we’re going to work on it,” Yann LeCun, Facebook’s chief AI scientist, told the Financial Times. The tool was partially powered by AI and partially the work of contracted em
Facebook wants to make a new virtual assistant that’s smarter than Siri or Alexa, report says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-19  Authors: sara salinas, stephen lam, magdalena petrova
Keywords: news, cnbc, companies, virtual, smarter, alexa, assistant, work, portal, facebooks, thats, lecun, report, siri, financial, partially, wants, told, tool, facebook, ai


Facebook wants to make a new virtual assistant that's smarter than Siri or Alexa, report says

Facebook is hoping its artificial intelligence chips will someday power a virtual assistant smarter than Apple’s Siri or Amazon’s Alexa, according to the Financial Times.

The company announced a partnership with Intel last month, entering a stiff race to develop a more specialized and powerful artificial intelligence chip. Tech giants and semiconductor makers alike have taken up the project, and Facebook has apparently given itself a tall task.

“If there’s any stone unturned, we’re going to work on it,” Yann LeCun, Facebook’s chief AI scientist, told the Financial Times.

A niche AI chip could aid in Facebook’s content moderation battle, more accurately finding and removing abusive content across Facebook’s platforms. It could also boost Facebook’s burgeoning hardware division, which launched the first Facebook-branded home device, Portal, last fall.

Facebook in 2015 launched a text-based digital assistant, dubbed M, within its Messenger app. The tool was partially powered by AI and partially the work of contracted employees. Facebook ultimately killed the tool, but it could be looking toward a revamp of sorts.

“In terms of new uses, one thing Facebook would be interested in is offering smart digital assistants — something that has a level of common sense,” LeCun told the Financial Times. “They have background knowledge and you can have a discussion with them on any topic.”

Read the full report at the Financial Times.

WATCH: Facebook Portal review — great for video calls but lacks compelling features


Company: cnbc, Activity: cnbc, Date: 2019-02-19  Authors: sara salinas, stephen lam, magdalena petrova
Keywords: news, cnbc, companies, virtual, smarter, alexa, assistant, work, portal, facebooks, thats, lecun, report, siri, financial, partially, wants, told, tool, facebook, ai


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Google knocks out Amazon as Citi’s top pick for US internet companies

Google parent company Alphabet is now Citi’s top pick for U.S. internet companies, knocking Amazon out of the top spot. In a note published early Thursday morning, Citi gave Alphabet a buy rating and said it has moved to its No. 1 position because it has shown “[c]ontinued strong topline growth” specifically in mobile search and YouTube. Amazon dropped in the rankings due to slowing growth in areas including advertising and North America retail gross merchandise volume. It said Facebook has “wea


Google parent company Alphabet is now Citi’s top pick for U.S. internet companies, knocking Amazon out of the top spot. In a note published early Thursday morning, Citi gave Alphabet a buy rating and said it has moved to its No. 1 position because it has shown “[c]ontinued strong topline growth” specifically in mobile search and YouTube. Amazon dropped in the rankings due to slowing growth in areas including advertising and North America retail gross merchandise volume. It said Facebook has “wea
Google knocks out Amazon as Citi’s top pick for US internet companies Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: lauren feiner, stephen lam, amazon
Keywords: news, cnbc, companies, shown, companies, citi, alphabet, knocks, growth, strong, google, rankings, citis, amazon, revenue, valuation, pick, internet


Google knocks out Amazon as Citi's top pick for US internet companies

Google parent company Alphabet is now Citi’s top pick for U.S. internet companies, knocking Amazon out of the top spot.

In a note published early Thursday morning, Citi gave Alphabet a buy rating and said it has moved to its No. 1 position because it has shown “[c]ontinued strong topline growth” specifically in mobile search and YouTube. Citi analysts also noted Alphabet’s increased buybacks. Citi said the stock’s valuation “more than offset continued margin pressures,” and added that management has given signs they could improve.

Amazon dropped in the rankings due to slowing growth in areas including advertising and North America retail gross merchandise volume. Citi also said it fears the potential for disruptive factors including “India, NYC HQ, Bezos distractions, etc.,” seemingly referring to new regulations in India that could impact Amazon’s core business, local controversy over Amazon’s new headquarters pick, and CEO Jeff Bezos’ tabloid-leaked affair and subsequent alleged extortion by the publication. Amazon announced on Thursday it would no longer build a new headquarters in New York.

Citi said revenue and margins momentum were a key part of its rankings as well as “company-specific factors” it said could include valuation and business catalysts. Netflix and Facebook follow Alphabet on the list and also got buy ratings. Citi said Netflix’s strong content lineup, particularly internationally, makes it a top pick. It said Facebook has “weathered the storm” and since shown growth in revenue and user metrics.

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Watch: Amazon and Google are becoming omnipresent whether you like it or not


Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: lauren feiner, stephen lam, amazon
Keywords: news, cnbc, companies, shown, companies, citi, alphabet, knocks, growth, strong, google, rankings, citis, amazon, revenue, valuation, pick, internet


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Here’s what major analysts expect from Alphabet earnings after the bell

Analysts are turning their attention to another so-called FANG stock as Alphabet reports after the bell Monday. Most remain bullish and expect Alphabet to be carried by strong advertising revenue. Other things analysts will be watching for include key metrics on search, Youtube, Waymo, and any comments on regulation. Baird analyst Colin Sebastian calls Alphabet a top pick for the year and believes cloud expansion, YouTube growth and strong search during macroeconomic headwinds will help the stoc


Analysts are turning their attention to another so-called FANG stock as Alphabet reports after the bell Monday. Most remain bullish and expect Alphabet to be carried by strong advertising revenue. Other things analysts will be watching for include key metrics on search, Youtube, Waymo, and any comments on regulation. Baird analyst Colin Sebastian calls Alphabet a top pick for the year and believes cloud expansion, YouTube growth and strong search during macroeconomic headwinds will help the stoc
Here’s what major analysts expect from Alphabet earnings after the bell Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: michael bloom, stephen lam
Keywords: news, cnbc, companies, analysts, alphabet, expect, earnings, heres, cloud, strong, major, youtube, search, concerns, stock, sebastian, sheet, bell


Here's what major analysts expect from Alphabet earnings after the bell

Analysts are turning their attention to another so-called FANG stock as Alphabet reports after the bell Monday. Most remain bullish and expect Alphabet to be carried by strong advertising revenue. Other things analysts will be watching for include key metrics on search, Youtube, Waymo, and any comments on regulation.

Shares of the internet giant rose more than 1.5 percent to $1131.56 on Monday, bringing its gain for the year to 8 percent.

Barclays Ross Sandler thinks Alphabet’s stock performance could be something to watch, saying, “We think 2019 could be a better year for GOOGL shares than 2018’s flat performance.”

Baird analyst Colin Sebastian calls Alphabet a top pick for the year and believes cloud expansion, YouTube growth and strong search during macroeconomic headwinds will help the stock this year.

Under new Google cloud boss Thomas Kurian, Sebastian expects a, “meaningful acquisition,” and that a “Flexible balance sheet allows Google Cloud to go elephant hunting.”

Some analysts were more cautious than others.

“We have somewhat greater concerns about growth into 2019 due to Amazon’s ad business and GOOGL’s large base,” said J.P. Morgan’s Doug Anmuth, who is staying overweight into Alphabet’s earnings report regardless.

Justin Post from Bank of America has a few concerns, but “overall, we like the set up into the print given Amazon and regulatory concerns, margin comps, valuation and YTD stock underperformance..”

In his preview cheat sheet note to clients, RBC’s Mark Mahaney said, “We believe Street estimates for Q4 are relatively reasonable on both the top line and the bottom line.”

Here’s what else analysts expect:


Company: cnbc, Activity: cnbc, Date: 2019-02-04  Authors: michael bloom, stephen lam
Keywords: news, cnbc, companies, analysts, alphabet, expect, earnings, heres, cloud, strong, major, youtube, search, concerns, stock, sebastian, sheet, bell


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Tesla ramps production as competitors flood market with electric cars

It’s been nearly a century since any automaker was in a more enviable position than Tesla. Despite relatively disappointing fourth-quarter earnings that missed analysts’ estimates, Tesla finished 2018 with an astounding 83 percent share of the U.S. battery-electric vehicle market, CEO Elon Musk boasted on Wednesday. Despite revealing new details about plans to increase production of the Model 3, while launching three new product lines over the next year, Tesla’s perch atop the luxury electric ve


It’s been nearly a century since any automaker was in a more enviable position than Tesla. Despite relatively disappointing fourth-quarter earnings that missed analysts’ estimates, Tesla finished 2018 with an astounding 83 percent share of the U.S. battery-electric vehicle market, CEO Elon Musk boasted on Wednesday. Despite revealing new details about plans to increase production of the Model 3, while launching three new product lines over the next year, Tesla’s perch atop the luxury electric ve
Tesla ramps production as competitors flood market with electric cars Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-31  Authors: paul a eisenstein, noah berger, stephen lam, frederic j brown, afp, getty images, stan honda, max mumby indigo, frank rumpenhorst, meghan reeder
Keywords: news, cnbc, companies, competitors, vehicles, flood, market, model, industry, tesla, teslas, nearly, cars, electric, vehicle, luxury, production, ramps, analysts


Tesla ramps production as competitors flood market with electric cars

It’s been nearly a century since any automaker was in a more enviable position than Tesla.

Despite relatively disappointing fourth-quarter earnings that missed analysts’ estimates, Tesla finished 2018 with an astounding 83 percent share of the U.S. battery-electric vehicle market, CEO Elon Musk boasted on Wednesday. That hasn’t happened since the years following the start-up of Ford’s first moving assembly line.

Of course, as Ford found out, that sort of performance is all but impossible to maintain. Despite revealing new details about plans to increase production of the Model 3, while launching three new product lines over the next year, Tesla’s perch atop the luxury electric vehicle market is facing some serious challengers in the coming years.

Automakers from Acura to Zotye are plugging into electric vehicles, with industry analysts expecting to see nearly a dozen new all-electric vehicles in U.S. showrooms by the end of 2019, with dozens more coming to market in 2020. That doesn’t include all the plug-ins and conventional hybrids also being rushed to market. Jaguar, Mercedes and Volkswagen are making a direct bid for Tesla’s customer base, recently debuting several all-electric luxury models that industry analysts say will give Musk’s signature Model 3 sports sedan and Model X utility vehicle a real run for their money.


Company: cnbc, Activity: cnbc, Date: 2019-01-31  Authors: paul a eisenstein, noah berger, stephen lam, frederic j brown, afp, getty images, stan honda, max mumby indigo, frank rumpenhorst, meghan reeder
Keywords: news, cnbc, companies, competitors, vehicles, flood, market, model, industry, tesla, teslas, nearly, cars, electric, vehicle, luxury, production, ramps, analysts


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Elon Musk says the Tesla Model X is the ‘Faberge egg of cars’

Tesla CEO Elon Musk called the company’s Model X luxury utility vehicle a “work of art” that he likened to the “Faberge egg of cars.” The Tesla CEO said the planned Model Y crossover has been designed to share the same platform and most of the parts of the Model X. The famed Faberge egg is a jeweled egg created by the House of Faberge in St. Petersburg, Russia from 1885 to 1917, first designed for Tsar Alexander III as a gift for his wife, the Empress Maria Feodorovna. Auto website Jalopnik also


Tesla CEO Elon Musk called the company’s Model X luxury utility vehicle a “work of art” that he likened to the “Faberge egg of cars.” The Tesla CEO said the planned Model Y crossover has been designed to share the same platform and most of the parts of the Model X. The famed Faberge egg is a jeweled egg created by the House of Faberge in St. Petersburg, Russia from 1885 to 1917, first designed for Tsar Alexander III as a gift for his wife, the Empress Maria Feodorovna. Auto website Jalopnik also
Elon Musk says the Tesla Model X is the ‘Faberge egg of cars’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-30  Authors: robert ferris, dawn kopecki, stephen lam
Keywords: news, cnbc, companies, jalopnik, elon, tesla, cars, model, vehicle, work, musk, egg, designed, faberge


Elon Musk says the Tesla Model X is the 'Faberge egg of cars'

Tesla CEO Elon Musk called the company’s Model X luxury utility vehicle a “work of art” that he likened to the “Faberge egg of cars.”

“It’s an incredible vehicle and probably nothing like it will ever be made again and maybe it shouldn’t,” Musk told analysts after the company released its fourth-quarter earnings Wednesday. “But it is a work of art. It’s a special work of art.”

The Tesla CEO said the planned Model Y crossover has been designed to share the same platform and most of the parts of the Model X.

The famed Faberge egg is a jeweled egg created by the House of Faberge in St. Petersburg, Russia from 1885 to 1917, first designed for Tsar Alexander III as a gift for his wife, the Empress Maria Feodorovna.

Auto website Jalopnik also seems to be smitten with the Model X, listing it naming among its favorite future classic cars in 2017.

“Look at the X. It’s a giant space egg that dances and has flappy wings. No way this is not a collectible, whether or not Musk goes to Mars,” Jalopnik said.


Company: cnbc, Activity: cnbc, Date: 2019-01-30  Authors: robert ferris, dawn kopecki, stephen lam
Keywords: news, cnbc, companies, jalopnik, elon, tesla, cars, model, vehicle, work, musk, egg, designed, faberge


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Facebook paying users to install app to collect data: TechCrunch

Facebook has been paying people in secret to install an app that allows the tech giant to collect data on how they use their smartphones, TechCrunch reported Tuesday evening. Since 2016, the social networking giant has been paying teenagers and adults up to $20 a month plus referral fees to install the so-called “Facebook Research” app on their Apple or Android phones, according to TechCrunch. TechCrunch revealed that according to a security expert, the app allows Facebook to collect data includ


Facebook has been paying people in secret to install an app that allows the tech giant to collect data on how they use their smartphones, TechCrunch reported Tuesday evening. Since 2016, the social networking giant has been paying teenagers and adults up to $20 a month plus referral fees to install the so-called “Facebook Research” app on their Apple or Android phones, according to TechCrunch. TechCrunch revealed that according to a security expert, the app allows Facebook to collect data includ
Facebook paying users to install app to collect data: TechCrunch Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: saheli roy choudhury, stephen lam
Keywords: news, cnbc, companies, facebook, social, techcrunch, users, location, install, paying, data, collect, according, program, app, web


Facebook paying users to install app to collect data: TechCrunch

Facebook has been paying people in secret to install an app that allows the tech giant to collect data on how they use their smartphones, TechCrunch reported Tuesday evening.

Since 2016, the social networking giant has been paying teenagers and adults up to $20 a month plus referral fees to install the so-called “Facebook Research” app on their Apple or Android phones, according to TechCrunch. To mask Facebook’s direct involvement, the program is said to be administered through beta testing services Applause, BetaBound and uTest and is referred to as “Project Atlas.”

TechCrunch revealed that according to a security expert, the app allows Facebook to collect data including private messages in social media apps, photos and videos to sent, emails, web searches and web browsing activities. It can also track ongoing location information from other location tracking apps installed in the user’s phone, according to the report.

A Facebook spokesperson acknowledged to CNBC that the company is running the program to gather data on usage habits.


Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: saheli roy choudhury, stephen lam
Keywords: news, cnbc, companies, facebook, social, techcrunch, users, location, install, paying, data, collect, according, program, app, web


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