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Daily Crunch: Tesla cuts its workforce

Daily Crunch: Tesla cuts its workforce

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1. Tesla to reduce work force by 7 per cent and focus on Model 3 production

In an email to employees, CEO Elon Musk states the focus has to be on providing “at the mid sized Model 3 variant in all markets. ” He warns the workers that aren’t set to be axed there are ldquo;lots of companies which could offer a better work-life balance, because they are bigger and more older or in industries which aren’t so voraciously aggressive. ”

“We unfortunately don’t have any choice except to reduce full-time employee headcount by approximately 7% (we grew by 30% this past year, which can be more than we could encourage ) and keep only the most critical temps and contractors,” he writes.

2. Nike’s auto-laced future

Matthew Panzarino makes the case for the newest Adapt BB, a Nike shoe using powered laces that tighten into a wearer’s foot mechanically.

3. Microsoft is calling an audible on clever speakers

Microsoft’s smart helper has its own strong suits, however thus far statement of purpose hasn’t already been one of them. CEO Satya Nadella seems to acknowledge as much this week during a media event in the business ’s Redmond campus.

LAS VEGAS, NV – JANUARY 06: Netflix CEO Reed Hastings provides a keynote address at CES 2016 in The Venetian Las Vegas on January 6, 2016 in Las Vegas, Nevada. CES, the world’s biggest annual consumer technology trade showthat runs through January 9 and is expected to feature 3,600 exhibitors showing off their hottest products and services to over 150,000 attendees. (Photo from Ethan Miller/Getty Images)

4. Netflix adds 8.8M paid subscribers globally, says it currently accounts for 10 percent of US TV screen time

In its most recent quarter, the company added 8.8 million readers, well over the 7.6 million that it had predicted at the start of the quarter. However, earnings was a bit lower than anticipated — $4.19 billion, compared to forecasts of $4.21 billion.

5. These are all the national HTTPS sites that’ll expire soon because of the US government shutdown

We looked in domains of national agencies and the executive branch, then poked every certification to find out if it had expired — and, if not, even if it would stop working.

6. Twitter insect shown a few Android users’ private tweets

Twitter unintentionally revealed a few users’ “protected” (aka, personal ) tweets, the company disclosed yesterday. For some Android consumers over a period of many years, tweets were really made people as a consequence of this bug.

7. Facebook states It’s Going to ask workers to take down glowing Portal testimonials on Amazon

New York Times columnist Kevin Roose discovered something fishy from the Amazon reviews for Facebook’s brand new device, noting Twitter that lots of the reviewers bore the exact names as Facebook workers.

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