Markets


Tesla Model 3: Elon Musk Finally Unveils New $35K Luxury Electric Car
- April 03, 2016

Tesla has unveiled its first electric vehicle for the mass market, marking a major milestone in the future of sustainable transport, according to the company's chief, Elon Musk . "The $35,000 Tesla Model 3 is finally here". Production is set to begin towards the end of 2017. The Tesla Model 3 will start reaching customers by the end of 2017. (more...)
Task force slams Snyder administration on Flint water
- April 03, 2016

The river had a reputation for nastiness. In mid-April 2014, Mike Glasgow, then in the city's public works department, expresses concern that Flint's water treatment plant staff is not prepared to begin drawing water from the Flint River and complains about "apparent political pressure" to stick to the schedule and make the switch. (more...)
Auto maker Tesla unveils lowest-priced electric vehicle
- April 03, 2016

Tesla shares closed up 2.8 percent at $229.77 on Thursday on the Nasdaq ahead of the Model 3's public debut. With the Model 3 costing around half the base price of the larger Model S at around £24,500, it represents a significant chance for a greater amount of buyers to enter the electric auto market. (more...)
Tesla Model 3 Wows With $35000 Price Tag
- April 02, 2016

At an event in Los Angeles - near midnight East Coast time - Tesla Motors chief executive Elon Musk unveiled his new creation, the Model 3. Musk says Model 3 cars will start delivery to customers in late 2017. After rallying higher 27.6% over the past month in anticipation of the Model 3 reveal, investors have sent the shares up around 6.89% to $245.60 in early action today. (more...)
Blue Origins Just Launched Its Rocket Today for the Third Time [Updating] Blue Origins Just Launched Its Rocket Today for the Third Time [Updating]
- April 02, 2016

Bezos noted that Blue Origin will be trying out a couple new things with this launch. "Impact in 6 sec if engine doesn't restart & ramp fast", Bezos said in another tweet Friday, referring to the New Shepard's BE-3 engine. It will be second attempt on 2016 and third in the history of New Shepard. Sign me up! I'd jump at the chance for a space ride with Blue Origin and be the envy of my friends! In fact, Blue Origin is already compiling something of a "waiting list" though it hasn't ... (more...)
Tesla takes the wraps off its base-electric vehicle, the Model 3
- April 02, 2016

Tesla now has 3,600 supercharging facilities in US and plans to increase the number to 7,200 by the time deliveries of the Model 3 commence. For starters, the front of the vehicle houses a "frunk", that's a front trunk that is huge enough to accommodate a travel luggage. (more...)
Tao Group Aiding Flint Water Contamination Crisis
- April 02, 2016

Environmental Protection Agency. In late December, the task force issue an interim report that placed most of the blame for the catastrophe on the DEQ and prompted the immediate resignation of Dan Wyant, who was then the department director, and Brad Wurfel, who was the department's communications director. (more...)
Tesla unveils highly-anticipated Model 3
- April 02, 2016

People sit at computers where they can reserve one of the cars before Tesla Motors unveils the Model 3 at the Tesla Motors design studio Thursday, March 31, 2016, in Hawthorne, Calif. As a comparison, Toyota sold around 200,000 Prius models a year ago. The reserving price for India is the same - US$1,000 (INR 66,510). But Tesla and Panasonic are building a massive, $5 billion factory in Nevada which will supply batteries for the Model 3. (more...)
Orange and Bouygues boards to meet Wednesday on telecoms tie-up Orange and Bouygues boards to meet Wednesday on telecoms tie-up
- April 01, 2016

The boards of Orange and Bouygues SA held meetings which lasted more than 4 hours on Wednesday evening however both boards noted that there are still some outstanding issues. Orange ORAN.PA and Bouygues BOUY.PA have given themselves until Sunday to thrash out a possible deal for France's dominant telecom operator to buy Bouygues Telecom, citing a lack of progress ahead of a Thursday deadline. (more...)
Hundreds line up to sign up for Tesla 3 in Scottsdale
- April 01, 2016

This design challenge has been tackled many times before by rear-engine (especially air-cooled) vehicle makers, and the Model 3 has, I think, an uncanny resemblance to a modernized Renault Caravelle, which had its engine in the rear. Lelen mentioned the Tesla would be flawless to shuttle around grandchildren. Pre-orders of the Model 3 have already started - but production won't begin until late 2017, when Tesla will begin making 500,000 vehicles a year. (more...)
Oculus Rift Begins Shipping
- April 01, 2016

For those looking to take their first steps in VR though, there's also a number of Oculus "vignettes", such as Farlands , where you visit a weird alien world and hang out with some of the creatures there. Pre-orders Meanwhile, if you are looking to order yours now, be ready to twiddle your thumbs for a bit-Oculus predicts current orders won't ship out until July. (more...)
Microsoft details subscriber growth in cloud
- April 01, 2016

Microsoft also announced general availability of Azure Service Fabric , its next-generation platform-as-a-service (PaaS) platform. Additionally, the company made its Azure Service Fabric microservices application platform generally available to developers. (more...)
Brussels attacks: six arrests in Belgian police raids
- April 01, 2016

Belgian Justice Minister Koen Geens said on Friday that Abdeslam, who had initially agreed to co-operate with investigators, had ceased to do so. Laachraoui's wanted notice was removed from police websites on Friday, indicating he was no longer being sought. (more...)
Affordable Model 3 is Tesla's biggest test yet Affordable Model 3 is Tesla's biggest test yet
- April 01, 2016

Barton says Tesla Motors Inc. "We build our vehicles , including Model 3, to offer compelling value without any incentives", a spokesperson said . He's been waiting ever since for electric cars to drop in price to a range he could afford and the Model 3, with a base price of US$35,000, fits that bill. (more...)
MI lawmakers: As Congress bickers, Flint suffers
- March 31, 2016

The corrosive river water leached lead, a toxic substance that can damage the nervous system, from the city's water pipes. In fact, support for Flint is bipartisan. MDEQ Director Keith Creagh says that the agency is taking a number of steps to remedy the problems in Flint, including water testing in schools and collaboration with city and federal partners. (more...)
Donald Trump mocks female journalist allegedly assaulted by his campaign manager
- March 31, 2016

Lewandowski has denied that he touched Fields, and tweeted on March 10 that she was "delusional". "I'm not in the habit of supporting someone who attacks my wife and children", Cruz said, referring to Trump's jabs at his wife, Heidi. Tom Marino (R-PA), who endorsed Trump have reaffirmed their support for him in light of the charge against Lewandowski. "In addition to our staff, which had no knowledge of said situation, not a single camera or reporter of more than 100 in attendance ... (more...)
Sheraton-owner Starwood accepts higher offer from Marriott Sheraton-owner Starwood accepts higher offer from Marriott
- March 30, 2016

Starwood Hotels & Resorts Worldwide Inc. accepted an improved takeover offer from Marriott International Inc . valued at $13.6 billion, proceeding with plans to form the world's largest hotel operator after investors led by China's Anbang Insurance Group Co. (more...)
Reebok to Release Reebok to Release "Aliens" Sneakers
- March 30, 2016

But I'm less concerned with that than with how much these Reeboks are going to cost, because I 100% want to put them on my feet. Cosplayers have also made their own versions over the years, but it's really exciting to see such an exact replica coming out from Reebok. (more...)
Incidents like JNU will not dent India's image abroad: Arun Jaitley Incidents like JNU will not dent India's image abroad: Arun Jaitley
- March 30, 2016

The government has also reduced rates on small savings programs that compete for deposits with commercial banks. The Finance Minister Shri Jaitley is on a four day official visit to Australia. Among the challenges that India is facing, Mr Jaitley highlighted the twin problem of stretched balance sheets of private sector companies and PSU banks. (more...)
Indian intel in Balochistan, Pakistan tells Iran's Rouhani
- March 30, 2016

Raheel Sharif talks to Iranian President Hassan Rouhani during a meeting in Rawalpindi. "We place emphasis on the need for cooperation between our two countries, on regional security", Rouhani said, adding that issues related to energy, gas the export of electricity were also discussed. (more...)

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