Headlines 

Tesla Makes Last-Ditch Model 3 Deliveries as Pressures Mount

With pressure escalating after one of the worst weeks in its almost 15-year-history, Tesla Inc. raced to manufacture and deliver its mission-critical Model 3 sedan to burnish the numbers it’s about to report to rattled investors. Tesla’s Fremont, California, delivery hub was packed with people Saturday evening as the last hours of the quarter drew to a close. Red couches and tall white tables were set up outside, a DJ played music and a truck selling Vietnamese food was on hand. Behind the scenes, a company that’s struggled to figure…

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Emmanuel Macron Talks to WIRED About France’s AI Strategy

On Thursday, Emmanuel Macron, the president of France, gave a speech laying out a new national strategy for artificial intelligence in his country. The French government will spend €1.5 billion ($1.85 billion) over five years to support research in the field, encourage startups, and collect data that can be used, and shared, by engineers. The goal is to start catching up to the US and China and to make sure the smartest minds in AI—hello Yann LeCun—choose Paris over Palo Alto. Directly after his talk, he gave an exclusive and…

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Tesla Asks for Model 3 Factory Volunteers to Prove Haters Wrong

Some Model S and X workers may switch to Model 3 line Friday Reaching goal would be ‘incredible victory,’ executive says Elon Musk’s vision of building a mass-production electric-vehicle manufacturer. “I find that personally insulting, and you should too,” Field wrote in the March 23 email. “Let’s make them regret ever betting against us. You will prove a bunch of haters wrong.” Tesla has been routed this month as analysts and investors have raise more cash. Shares fell 22 percent this month in New York, the biggest one-month drop since…

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Odds and Ends 

Toys R Us Is Going Out Of Business Because America Wasnt Ready To Accept A Celibate Giraffe Mascot

When I became CEO of Toys ‘R’ Us, I was excited for a chance to lead one of America’s most well-known toy stores into a new era of prosperity. Unfortunately, it pains me to announce that after 70 years of bringing joy to children across the world, Toys ‘R’ Us will soon be shutting its doors forever. Many people will say that our company couldn’t compete with online retailers like Amazon, or that the billions of dollars in debt we were saddled with proved to be an insurmountable obstacle to…

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The Long Road To The Top: How Bursting Into Various Boardrooms And Shouting, Thats Where I Come In! Eventually Got Me A Job As A CEO At A Fortune 500 Company

I’m not embarrassed to say that I’ve got it all: the corner office with my name on the door, the private jet, the black card, the villa on the Riviera, and, yes, more money than I know what to do with. And I’m not ashamed, because everything I have I earned the hard way, through years of flinging open the doors to boardrooms and yelling, “That’s where I come in!” Sounds easy, right? Like anyone could do it? Sure, and who hasn’t idly daydreamed of kicking open a conference room…

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Uber Agrees on Southeast Asian Sale to Grab

Uber Technologies Inc. has reached an agreement to sell its Southeast Asian ride-hailing business to rival Grab and could announce the deal as early as Monday morning in Singapore, people familiar with the matter said. The agreement — which includes all of Uber’s operations in Southeast Asia as well as Uber Eats in the region — gives the U.S. company a stake of between 25 percent and 30 percent in the new combined business, the people said, asking not to be identified ahead of an official announcement. The deal, which…

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Apple’s Tim Cook Calls for More Regulations on Data Privacy

Cook speaks at Beijing forum following Facebook controversy Situation is so dire well-crafted regulation is needed: Cook Forum in Beijing on Saturday. His comments will ramp up pressure on Facebook Inc. and other technology companies that rely on the huge reams of data gathered from billions of people to power their products, services and sales. Facebook co-founder Mark Zuckerberg belatedly apologized for failing to better control its customers’ data following reports that it let Cambridge Analytica amass information on 50 million users. The social network’s shares have tumbled 14 percent following the…

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Airlines Draw U.K. Scrutiny Over Extra Fees

Aviation Minister Sugg says passengers need more information Fees can cover passenger details and printing of boarding pass Elizabeth Sugg said in an emailed statement. “When passengers book flights, they can sometimes be hit with additional charges over and above the original quoted flight cost,” Sugg said. “Through our aviation strategy, we will explore ways to improve and enhance the information available, so passengers can make well-informed decisions.” The extra fees represented a large chunk of about $45 billion in ancillary revenue for 66 airlines in 2016, according to a…

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Where Could Bitcoin Succeed as a Currency? In a Failed State

When Juan Pinto gets in line at the movie theater, he takes out his phone and trades just enough bitcoin for Venezuelan bolivars to pay for the ticket by the time he gets to the counter. Pinto lives in Venezuela, but doesn’t keep any of his money in the national currency. The 29-year-old quit his job as a mechanical engineer to dedicate his life to cryptocurrency three years ago, when he says he “fell in love with the technology.” Venezuela’s crumbling economy played a part as well. “Being a Venezuelan…

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Silicon Valley Has Failed to Protect Our Data. Heres How to Fix It

Twitter, LinkedIn, Cambridge Analytica used that data to target likely Trump voters. Facebook responded that, no, this was not a “Featured in , March 26, 2018. Illustration: 731 For years we’ve been talking and thinking about social networks as interesting tools to model and understand human dynamics. But it’s no longer academic—Facebook has reached a scale where it’s not a model of society as much as an engine of culture. A researcher gained legitimate access to the platform and then just … kept going, and Cambridge Analytica ended up with those 50 million profiles.…

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A Hurricane Flattens Facebook

Two weeks ago, Facebook learned that The New York Times, Guardian, and Observer were working on blockbuster stories based on interviews with a man named Christopher Wylie. The core of the tale was familiar but the details were new, and now the scandal was attached to a charismatic face with a top of pink hair. Four years ago, a slug of Facebook data on 50 million Americans was sucked down by a UK academic named Aleksandr Kogan, and wrongly sold to Cambridge Analytica. Wylie, who worked at the firm and…

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Trump May Be Deposed in Apprentice Groping Lawsuit

Manhattan state court judge says ‘no one is above the law’ Ruling adds to Stormy Daniels controversy over hush payment Summer Zervos, right, arrives at the New York County Criminal Court on Dec. 5, 2017. Stormy Daniels Faces $20 Million in Damages in Trump Lawsuit The decision may also complicate Trump’s effort to dismiss allegations from various women about his behavior. Trump is separately embroiled in a scandal involving a $130,000 payment to an adult film actress — Stephanie Clifford, who performed under the name Stormy Daniels — who alleges he’s…

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