Author: arkanaya
Tesla to cut workforce by 7% and focus on Model 3 production

Tesla to cut workforce by 7% and focus on Model 3 production

This morning, the following email was sent to all Tesla employees: As we all experienced first-hand, last year was the most challenging in Tesla’s history. However, thanks to your efforts, 2018 was also the most successful year in Tesla’s history: we delivered almost as many cars as we did in all of 2017 in the…

Indonesian e-commerce unicorn Bukalapak raises $50M

Indonesian e-commerce unicorn Bukalapak raises $50M

The chances are you may be familiar with Tokopedia, especially after it commanded a $7 billion valuation last November when it raised $1.1 billion from investors like Alibaba and SoftBank’s Vision Fund, but fewer people outside of Indonesia are aware of another sizable local online retail unicorn: Bukalapak. Smaller than Tokopedia in size, the company is…

Tesla to recall 14,000 Model S cars in China over faulty Takata airbags

Tesla to recall 14,000 Model S cars in China over faulty Takata airbags

China’s top market regulator said on Friday that Tesla will recall a total of 14,123 imported Model S vehicles in the country over potentially deadly airbags. The recall is part of an industry-wide crackdown on Takata-made front passenger airbags, which involves roughly 37 million vehicles including more mainstream brands such as Toyota and Ford, as…

Coinstar machines will start selling Bitcoin at the grocery store

Coinstar machines will start selling Bitcoin at the grocery store

You know those machines at the grocery store that transform your gallon jugs worth of change into more usable currency? They’re about to start selling Bitcoin . To make this impulse shopping dream come true, Coinstar, the company behind those ubiquitous change-counting kiosks, has partnered with Coinme, a startup that operates a small network of cryptocurrency-dispensing…

Nike’s auto-laced future

Nike’s auto-laced future

Why does the world need a self-lacing shoe? Haven’t you heard of Velcro? How will you tie your shoes when the Wi-Fi is down? That’s the gist of the instant response I got when I mentioned the new Adapt BB, a shoe from Nike with, yes, powered laces that tighten to a wearer’s foot automatically.…