Elon Musk says Tesla’s China factory could begin production in roughly three years

 Tesla last week officially confirmed its plans to set up a manufacturing facility in China, and now we know a bit more about what it’s planning to do in terms of production. At the time, Tesla wouldn’t say much more beyond than it’s “committed to the Chinese market” and interested in exploring manufacturing facilities around Read More …

Blue Apron competitor HelloFresh prices IPO, raising up to $369 million

 HelloFresh, the Berlin-based cooking kit delivery company, priced its IPO at the middle of its expected range at €10.25, or roughly $11.91. This means that the company could raise up to €318 million in the offering, or $369 million. The timing of the IPO may come as a surprise to some, given that competitor Blue Apron recently had a lackluster public debut. Read More

PlayerUnknown’s Battlegrounds Comes to Xbox One

Xbox One owners will soon be able to test their survival skills in PlayerUnknown’s Battlegrounds. The online shooter has, until now, been exclusive to PC, but it’s now confirmed to be coming to the Xbox One in December. Unfortunately for Sony fans, a PS4 version hasn’t yet been announced. PUBG Slays the Competition We wouldn’t Read More …

Instagram Stories and WhatsApp Status hit 300M users, nearly 2X Snapchat

 Instagram and WhatsApp’s Snapchat clones aren’t slowing down. Today Facebook CEO Mark Zuckerberg announced Instagram Stories and WhatsApp Status both now have 300 million daily active users. That’s up from 250 million for Instagram in June, and WhatsApp in July. That makes the copies almost twice the size of the original, as Snapchat’s entire app Read More …

Reddit CEO talks taking site from ‘dystopian Craigslist’ to ‘the most human place on the internet’

 Reddit CEO Steve Huffman took to the site for his “quarterly inquisition,” an AMA where he fielded questions from users and moderators. The discussion today focused on empowering mods to do what they need to do, which should have a knock-on effect in creating functional communities. But he also addressed some politically sensitive issues, from Read More …