Saturday, January 19, 2019

Daily Crunch: Tesla cuts its workforce

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here:

1. Tesla to cut workforce by 7 percent and focus on Model 3 production

In an email to employees, CEO Elon Musk says the focus must be on delivering “at least the mid-range Model 3 variant in all markets.” He also warns the employees who are not set to be axed that there are “many companies that can offer a better work-life balance, because they are larger and more mature or in industries that are not so voraciously competitive.”

“We unfortunately have no choice but to reduce full-time employee headcount by approximately 7% (we grew by 30% last year, which is more than we can support) and retain only the most critical temps and contractors,” he writes.

2. Nike’s auto-laced future

Matthew Panzarino makes the case for the new Adapt BB, a Nike shoe with powered laces that tighten to a wearer’s foot automatically.

3. Microsoft is calling an audible on smart speakers

Microsoft’s smart assistant has its strong suits, but thus far statement of purpose hasn’t been among them. CEO Satya Nadella appears to acknowledge as much this week during a media event at the company’s Redmond campus.

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

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

In its most recent quarter, the company added 8.8 million subscribers, well above the 7.6 million that it had predicted at the beginning of the quarter. However, revenue was a bit lower than expected — $4.19 billion, compared to predictions of $4.21 billion.

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

We looked at domains of federal agencies and the executive branch, then poked every certificate to see if it had expired — and, if not, when it would stop working.

6. Twitter bug revealed some Android users’ private tweets

Twitter accidentally revealed some users’ “protected” (aka, private) tweets, the company disclosed yesterday. For some Android users over a period of several years, tweets were actually made public as a result of this bug.

7. Facebook says it will ask employees to take down glowing Portal reviews on Amazon

New York Times columnist Kevin Roose noticed something fishy in the Amazon reviews for Facebook’s new device, noting on Twitter that many of the verified reviewers bore the same names as Facebook employees.



from TechCrunch https://tcrn.ch/2FIfbdE

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