Business

The Tesla Model 3 is not a product iteration along the lines of successive iPhones, Elon Musk clarified on Twitter on Friday. Instead, it’s a “smaller model affordable versions of Model S” with less range, less power and fewer features, according to the Tesla CEO. The Model S is still …

One way Theranos is hoping to stay afloat is by offering double the shares — including some of founder Elizabeth Holmes’ own shares — to investors if they promise not to sue. Theranos is knee-deep in an avalanche of lawsuits from investors and consumers of its blood-testing products after it …

Apple has finalized a deal to acquire Workflow today — a tool that lets you hook together apps and functions within apps in strings of commands to automate tasks. We’ve been tracking this one for a while but were able to confirm just now that the ink on the deal …

Uber held a special press call on Tuesday, hosted by board member Arianna Huffington and staffed with three of its highest ranking female staff, including North American operations lead Rachel Holt, Chief HR officer Liane Hornsey and company comms lead Rachel Whetstone. The call was pretty clearly an attempt to …

SirionLabs, a startup providing vendor management software to enterprises, is adding a US headquarters to its footprint. The company was initially founded in India and has raised $16.95 million from Sequoia Capital India, Canopy Ventures and Qualgro VC to extract data from contracts to ensure transparency and accountability. The establishment of a US …

As part of IBM’s annual InterConnect conference in Las Vegas, the company is announcing a new machine learning course in partnership with workspace and education provider Galvanize to familiarize students with IBM’s suite of Watson APIs. These APIs simplify the process of building tools that rely on language, speech and …

Healthcare in Africa might conjure up an image of some physician working in a remote village via Doctors without Borders but mobile technology is rapidly changing the entire continent and Y Combinator startup Kangpe Health aims to cash in by providing Africans with a platform to contact doctors remotely through …

Nvidia’s already going deeper down the self-driving vehicle rabbit hole in partnership with Bosch, but it’s also moving further into autonomous trucking with a new partnership with PACCAR, one of the world’s largest makers of transport trucks. The PACCAR arrangement has already resulted in the production of one proof-of-concept vehicle, …

Google has finally revealed all the details on its upcoming 4K digital whiteboard known as the Jamboard. The device was first unveiled back in October, but Google wasn’t talking about pricing except to say it would be under $6,000. Google now says the Jamboard will come in significantly below that …

On the heels of acquiring data science community Kaggle, Google is launching a machine learning competition of its own for startups. Google is targeting early-stage companies taking an innovative approach to machine learning. The competition is being run in partnership with seven venture capital firms that include Sequoia, KPCB, GV, Data Collective, …