Tesla customer referral plan to end due to cost, Musk tweets

The Tesla customer referral incentive plan will end on Feb. 1, the electric carmaker’s chief executive officer, Elon Musk, tweeted on Thursday, citing costs. Musk tweeted that the referral program is ending because “it’s adding too much cost to the cars, especially Model 3.” The billionaire in the past few months has been pushing for cost-cutting initiatives to boost the […]

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Verizon to offer free Apple Music to top-tier customers

Verizon Communications said on Tuesday it will include free Apple Music subscriptions in some of its top-tier data plans, deepening its ties with the iPhone maker. Apple is increasingly turning for growth to its services segment, which includes businesses such as iCloud storage, Apple Music and the App Store, and has been partnering with rivals in recent months. Two weeks […]

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Apple to launch 3 iPhones in wake of disappointing XR: report

Apple plans to launch three iPhone models this year with some new camera features, including three rear cameras for the most expensive model and two for the other models, the Wall Street Journal (paywall) reported on Friday. The new iPhones will succeed the XR model that has shown sluggish demand, which according to Apple was due to weak sales in […]

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Tesla shares tumble after production figures disappoint

Tesla disappointed investors Wednesday, delivering 90,700 vehicles during the fourth quarter, which fell short of Wall Street forecasts despite its efforts to ramp up production. The electric-car maker’s shares fell by 9.3 percent, to 301.87, in early trading. The company, which released its production and delivery results for the fourth quarter, also announced that it was cutting prices on all […]

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More than 3,000 Tesla Model 3s left in US inventory: report

Tesla had over 3,000 Model 3s left in inventory in the US as of Sunday, automotive news website Electrek reported on Monday, citing people familiar with the matter. The electric-car maker has been urging buyers to make use of the federal tax credit, with Chief Executive Officer Elon Musk reminding them on Twitter on Saturday that the benefit would drop […]

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‘Fortnite’ creator raked in a $3B profit in 2018

The hottest — and according to some critics the most addictive — video game in the world is raking in billions. “Fortnite” — a battle royale that pits players against each other in a “Hunger Games”-style fight to the death — claimed $3 billion in profits this year, according to the news site TechCrunch, citing sources at the game’s creator, […]

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Business as usual for Queanbeyan trainer Joe Cleary on Christmas day

Most people have Christmas off but for Queanbeyan trainer Joe Cleary he'll be working overtime to ensure his staff can spend the day with their family. That means up at 5am with his wife Charlene to take 16 horses through their paces, a quarter of which will race at Queanebyan's annual Boxing Day meeting on Wednesday. Queanbeyan trainer Joe Cleary […]

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Natural gas producers back $3M Canadian clean tech program

An industry-sponsored fund designed to help develop clean technology using Canadian natural gas is launching a $3-million call for project proposals. The Natural Gas Innovation Fund says the call for applications, with a February deadline, is being made possible by the addition of seven western Canadian natural gas producers to a membership previously made up of six natural gas utilities. […]

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Nissan to replace rock-star chairman amid arrest scandal

Interested in Japan? Nissan’s board is meeting to pick a chairman to replace Carlos Ghosn, arrested last month on charges of violating financial regulations. Monday’s meeting comes amid an unfolding scandal that threatens the Japanese automaker’s two-decade alliance with Renault SA of France and its global brand, as well as highlighting shoddy governance at the manufacturer of the Leaf electric […]

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