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Tesla Model 3: Elon Musk's mass-market car is a magic carpet ride – LA Times

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Tesla’s Model 3 is the most highly anticipated car of the 21st century. It may be the most eagerly awaited car of all time. More than 450,000 people put down  $1,000 refundable deposits  to reserve one of the “affordable” battery electric sedans after Tesla Chief Executive Elon Musk unveiled the car and inaugurated the waiting list in March 2016. Since then, online forums and automotive news websites have breathlessly reported every Musk tweet, production delay or postponed delivery date. Now the first Model 3s are rolling away from the Fremont factory, and we were able to secure one for a long holiday weekend test drive. So? The Model 3, from its inception as Tesla’s “mass-market vehicle,” promised the transportation trifecta of long range, low cost and high performance. The 3 was to be sporty, silent and quick, and emit zero pollutants, while going at least 200 miles on a charge and costing less than $35,000 before rebates and incentives. Many people assume...
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Bitcoin and cryptocurrencies 'will come to a bad end', says Warren Buffet

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The billionaire investor and his longtime manager Charlie Munger, two of the world’s most successful investors, say they’d never invest in cryptocurrencies. Billionaire investor  Warren Buffett  said Wednesday that he would never invest in Bitcoin or other cryptocurrencies, and predicted the wildly popular assets are in for a fall. World's richest 500 see their wealth increase by $1tn this year Read more “I can say almost with certainty that cryptocurrencies will come to a bad end,” Buffett told  CNBC in an interview. Buffett’s comments were backed by Charlie Munger, his longtime partner at his investment company Berkshire Hathaway, who described the soaring values of  Bitcoin  and the other cryptocurrencies as “bubbles”. Munger said investors “are excited because things are going up at the moment and it sounds vaguely modern. But I’m not excited.” Q&A What is bitcoin and is it a bad investment? Show Munger has been a...
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WhatsApp builds a customer service app for businesses

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WhatsApp WhatsApp's  push  to get more businesses to use its platform, so it can finally rake in cash from its  1.3 billion users , now includes a full-fledged business app. It's appropriately dubbed  WhatsApp Business  and is available on Android in select markets including the US, UK, Indonesia, Italy, and Mexico, ahead of a worldwide rollout. WhatsApp laid out its customer service  strategy  over a year ago, describing a place where you could contact banks about fraudulent transactions and airlines about delayed flights (like  Twitter  and  Messenger  before it). Sure enough, updates including verified accounts and yellow message bubbles for businesses followed in beta. Those customer-facing tools remain, and are now joined by business profiles that display basic contact info such as a bio, email, address, and phone number (in the vein of  Instagram's  tools for companies). Plus, there's smart r...
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