No car company is making more headlines right now than Tesla. Can the electric vehicle company stay ahead in the battle for electric car dominance?
Mark Rechtin, Executive Editor at Motor Trend, says Tesla's competitors are quickly gaining ground. Motor Trend tested out the Tesla Model 3, Nissan Leaf, and Chevrolet Bolt. Rechtin says that the Leaf and Bolt offer the best options, especially if you don't have $60,000 to spend on a Tesla.
Rechtin also discusses the ongoing problems Tesla is having with its Model 3 production. The company continues to fall behind its original target numbers, while its CEO Elon Musk is tweeting about a possible Tesla pickup truck. Rechtin says Musk should focus more on the Model 3 and less on his dream projects.
Brick-and-mortar stores need to adopt 'experiential' concepts using technology if they want to appeal to the next generation of shoppers, said Rima Reddy of start-up accelerator XRC Labs.
Facebook was forced to remove its data security app, Onavo, from the App Store after Apple updated its data collection guidelines. Meanwhile, the social media giant also voluntarily removed the quiz app, myPersonality, from its platform after the app improperly collected data on more than 4 million users. And we're joined by Mike Francesa, New York sports radio legend, to hear about the launch of his new app, 'Mike's On.'
Lyft says it has completed 5,000 rides in its autonomous vehicle pilot program in Las Vegas. Taggart Matthiesen, the company's head of product, told Cheddar that customers are starting to acclimate to the idea of a self-driving ride, but it will be a while before safety drivers are unnecessary.
Onavo Protect, a Facebook app that lets users redirect their mobile data through a VPN managed by Facebook servers, was taken off the Apple App Store after Apple said it violated new rules that limit what data developers' collect. Separately, Facebook also said it would warn users of quiz app myPersonality, which allegedly mishandled data of as many as 4 million people.
The entertainment company has raised $4.5 million in new funding. CEO Andy Heyward said the first order of business is launching a new brand called "Rainbow Rangers", which debuts on Nickelodeon in November and is meant to empower young girls.
JPMorgan is bringing its Sapphire brand to banking, a bet that it can change affluent millennial customers' perception of the industry the same way it won them over with its credit cards.
The car-sharing service just that lets drivers rent their vehicles out to strangers just raised $300 million in new financing led by Japan's SoftBank. CEO Sam Zaid tells Cheddar how Getaround stands out in a crowded industry.
Gene Munster of Loup Ventures sees a scenario in which Apple and Tesla's shared love of design might lead to a courtship between the two Silicon Valley titans.
The scope of the issue is still unclear, said Craig Timberg, a technology reporter with the Washington Post. But at least the platforms are being transparent in what they're doing to combat it.
DoorDash just raised $250 million of funding, more than doubling its valuation to $4 billion. CEO Tony Xu told Cheddar why that is justified for a player in such a crowded space.
