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.
The iconic Apple founder and innovator was reportedly high "on a massive dose of LSD at the time of death," says Adam Fisher. Fisher's book also digs into Apple co-founder Steve Wozniak's secret feud with Jobs.
Charlie Lee, creator of Litecoin, says the partnership with the digital finance app will help expand its reach. “I think the idea is to have more adoption, to have easier ways for people to get Litecoin, and to have easier ways for people to spend it,” he tells Cheddar.
In recent years, Vimeo has been pushing to transform itself into an end-to-end platform for video creators, adding post-production tools, storage capabilities, and live streaming features. Creators can publish their content on any other platform through Vimeo, including on competitors like YouTube. "That provides a real advantage for us in that we can be Switzerland in that publishing landscape," CEO Joey Levin tells Cheddar's Alex Heath at the Sun Valley conference.
IAC, which owns Match, Tinder, and OkCupid, recently added Hinge to its portfolio because "we like competing with ourselves," says CEO Joey Levin. "Tinder was created inside of Match to disrupt Match." Levin spoke with Cheddar's Alex Heath at the Allen & Co. Conference in Sun Valley, Idaho.
The wireless company will hold a stake in Magic Leap, which released a demo of its mixed-reality headset Wednesday afternoon. “For AT&T, it makes a lot of sense to invest in this area,” says Ed Baig, personal tech columnist at USA TODAY. “It’ll be curious to see if AT&T subsidizes the price of this headset” like it does with smartphones.
Even when Netflix was a DVD rental company, it tried to customize choices for its customers, says Gibson Biddle, former VP product at the streaming giant. That strategy still drives many of the company's decisions today, including the kind of content it spends money on.
According to a New York Times report, Zelle -- institutional banks' answer to Venmo -- has been extremely vulnerable to hacks and fraud. The company that created the app, Early Warning Services, is now working on making Zelle harder to exploit, says Ravi Loganathan, the company's head of business intelligence.
Cheddar’s Alex Heath caught up with industry heavyweights at the 2018 Allen & Co. conference in Sun Valley, Idaho — an event commonly referred to "summer camp for billionaires." The hot merger landscape in the media industry was front-and-center, with Comcast and Disney fighting over the future of Rupert Murdoch's 21st Century Fox empire.
The streaming service will use the fresh capital for "a bigger marketing push," says CEO Andrew McCollum. The company also launched on Apple TV and Amazon Fire TV on Tuesday in an attempt to bring the service in front of more users.
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