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 giant retailer last year launched Store 8, a tech incubator that will help Walmart innovate and compete in the future, says the founder of Jet.com and Walmart's head of e-commerce.
Rob Marvin, associate features editor for PCMag, discusses the biggest announcements from Microsoft's Build conference. Marvin weighs in on Microsoft introducing AI for Accessibility, an integration between its digital assistant Cortana and Amazon Alexa.
When it comes to robots, our threshold for errors is much lower than it is with humans, says Sam Lessin, co-founder of Fin, a digital assistant service that relies on human know-how to book your travel plans, shop online, or even schedule your appointments. To overcome users' skepticism, a virtual assistant must build trust through "repeated success," he says.
The modern customer likes renting clothes because it is environmentally friendly and offers more variety, says Evan Clark, Deputy Managing Editor at WWD. In the future, people will lean in on the idea of "having fewer, better things," he says.
E-commerce today exists primarily for speed and convenience. Jet.com wants to change that. "We really want to bring back the positive emotion that came with shopping all along," says David Echegoyen, the online retailer's chief customer officer.
The social media app said Drew Vollero would resign his position, effective May 15, and be replace by Amazon's Tim Stone, who'd been with the e-commerce giant since 1998.
The modern consumer "wants the right product, at the right time, in the right way,” says Christine Hunsicker, CEO of Gwynnie Bee, a subscription clothing rental service.
Future retail outlets will integrate artificial intelligence, virtual reality, and voice technology. "This idea of going to a 2D kind of screen and punching in, that's not the future," said Marc Lore, Walmart’s U.S. e-commerce president and CEO.
The wedding registry platform, which recently raised $100 million in fresh funding, is looking to expanding into every step of the wedding planning process "from engagement through to the first year of marraige," says CEO Shan-Lyn Ma.
Warren Buffett isn't betting on bitcoin anytime soon. Over the weekend at the Berkshire Hathaway annual shareholders meeting, Buffett said the digital currency is "probably rat poison squared." Buffett has long been skeptical about cryptocurrencies. At the conference, Buffett also made headlines when he said he regretted not investing in Amazon and Alphabet.
Starting Monday, Tesla will start kicking out contract workers unless a fulltime employee can vouch for them. In an email to employees, Elon Musk said Tesla employees will need to send HR a note affirming the character of the contractor, or else that person will be denied access to Tesla's facilities. Tesla employs around 40,000 people worldwide.
And we speak to Shan-Lyn Ma, co-founder and CEO of Zola, about the company's latest funding round. Zola has worked on improving the wedding registry process for couples. With this new funding, Ma says Zola will work to ensure every part of the wedding planning process is seamless, from budgeting to the honeymoon.
