Elon Musk, speaking on Bloomberg TV, said "a lot" of people canceled orders for Tesla's Model S following a scathing New York Times review."It probably affected us to the tune of tens of millions, to the order of $100 million, so it's not trivial," Musk said. "I would say that refers more to the valuation of the company. It wasn't as though there were 1,000 cancellations just due to … Read more
Samsung is set to send out invitations this morning to a "Samsung Unpacked" event in New York for next month, CNET has learned. While the invitation contained little details, CNET has confirmed with a high-level executive that the Galaxy S4 will make its debut there.
After the blockbuster success of the Galaxy S3, anticipation has surged for the successor to the Galaxy S franchise. The Galaxy S3 last year emerged as a true rival to Apple's iPhone, even seeing … Read more
NASHUA, N.H. -- Zach Harvey has an ambitious plan to accelerate adoption of the Internet's favorite alternative currency: installing in thousands of bars, restaurants, and grocery stores ATMs that will let you buy Bitcoins anonymously.
It's the opposite of a traditional automated teller that dispenses currency. Instead, these Bitcoin ATMs will accept dollar bills -- using the same validation mechanism as vending machines -- and instantly convert the amount to Bitcoins and deposit the result in your account.
"It's even easier than just using a regular ATM," says Harvey, 33, who demonstrated the device … Read more
Smartphones are so common now that it's easy to forget criminals will steal them if you give them the opportunity.
Apple device thefts in New York have gotten so bad that the New York Police Department created a team dedicated to recovering stolen iDevices, the New York Post reported today.
The team works with Apple to obtain ID numbers -- known as International Mobile Station Equipment Identity numbers -- for devices to help track down the stolen goods.
While many security experts have been pointing the blame at China for the recent wave of cyberattacks on U.S. companies and newspapers, Bloomberg reports that some of the malware attacks actually may be coming from Eastern Europe.
Investigators familiar with the matter told Bloomberg they believe a cybercriminal group based in either Russia or Eastern Europe is carrying out the high-level attacks to steal company secrets, research, and intellectual property, which could then be sold on the black market.
Evidence that the attacks may be coming from Eastern Europe is the type of malware being used by the hackers, … Read more
Tesla's post says that New York Times environmental reporter John Broder misrepresented the Model S' performance. Broder argues that he was simply following advice from Tesla personnel during the drive.
Where's Don King when you need him?
It seems that everybody and their mother-in-law are buzzing about the tussle between a New York Times car reviewer and Tesla Motors. It's a good example of the kind of public dialog that can happen in the age of the Internet and instrumented devices, such as a super-fast car that is basically a computer on wheels.
To briefly catch you up, a fierce debate broke out not long after New York Times writer John Broder wrote a review reporting shortcomings in the range of Tesla's Model S electric car during … Read more
BlackBerry devices typically have been the go-to phones for government accounts, but that seems to be changing. Apple is increasingly getting into the lucrative business contract game.
The New Zealand Police announced today that it has sealed the deal for 6,000 police officers to get an iPhone and 3,900 officers to also get an iPad, according to The National Business Review. The contract is for 10 years and the police force expects to spend around $159 million on the initiative.
Apparently, the New Zealand Police chose Apple products over BlackBerry, Google, and Microsoft after surveying its officers, who … Read more
CNET's live coverage of Sony's event on Wednesday
Sony's February 20 event in New York City will likely mark the announcement of the PlayStation 4 and simultaneously usher in the next generation of console gaming. (Sorry, Wii U, but you're more last-gen than next-gen.)
Rumors mills are also churning out details confidently declaring that the Xbox 360 successor will also see the light of day before June's big E3 gaming show in Los Angeles.
Perhaps the biggest news? Both consoles could make their debuts -- gasp -- this year. That's a hyperspeed acceleration in … Read more