Tesla Issues its First Recall for the Sake of
The electric car company
Tesla Motors Inc
) announced its first ever recall last night, due to a
potentially weak mounting bracket in the left-hand latch of the
back row. The company emphasized that the voluntary recall, which
affects 1,228 Model S vehicles made between May 10 and June 8,
does not follow any customer complaints, injuries, or litigation.
Tesla has offered to pick up the recalled cars and return them
within a few hours with the new seat bracket in place.
Additionally, the company will provide a loaner Model S if
needed. Many analysts and consumers approve of the way Elon
Musk's Tesla is handling the recall, especially when compared
with other bigger car companies that struggle with recalls:
Chrysler is currently under scrutiny for issuing a rather late
recall for millions of Jeep Grand Cherokees and Libertys that are
at risk of catching fire. A National Highway Traffic Safety
Administration investigation into the problem began in 2010.
It's safe to bet that Jeep won't come to your house and pick up
your car for you. Tesla is a small company yet; it still has that
Softbank Closes in on Acquisition of Sprint With Dish Out
of the Picture...for Now
The Japanese telecommunications and Internet company
(OTCMKTS:SFTBF) has been vying to acquire
Sprint Nextel Corporation
) for months now, and after increasing its offer to $21.6 billion
last week, rival bidder
Dish Network Corp
) has declined to make its own new offer. And so, the takeover
contention that began in October 2012 is almost over.
The news represents a reversal for both bidders: Softbank's
Chief Executive Masayoshi Son has rarely taken major risks while
Dish's Chairman Charlie Ergen notorious for aggressive
Softbank is one of Japan's top mobile operators and has argued
that it could help Sprint save money on smartphones via bulk
purchases discounts from vendors. The company also offers Sprint
its wireless tech expertise, an area in which Dish is not as
Both Softbank and Sprint are the third-ranked providers in their
Netflix Will Launch in the Netherlands This Year, Its
The streaming video company announced today that it will be
expanding into the Netherlands, its 41st country, later this
) did not detail the cost of subscription for Dutch consumers,
but said there would be a "low monthly price."
The vast majority of Netflix users are American: As of March 31,
2013, the company had 29.2 million subscribers in the US, with
7.1 million in international markets. That being said, Netflix
has run in the US since 2007, expanded to Canada in 2010, Latin
America in 2011, and to several European countries including the
UK, Ireland, and Denmark, only last year.
Battle of the Next-Gen Game Systems on Jimmy
The battle for the supremacy of the next video game console
generation continues to escalate, with both
(SNE) stopping by for "Video Game Week" on Jimmy Fallon's
and Sony may have taken a small victory.
On Monday, Microsoft stopped by to demo the multimedia features
of the Xbox One, as well as the games
Forza Motorsport 5.
Last night, Sony stopped by to demo its system, but also part of
the presentation was further criticism of the Xbox One's
much-maligned used games and online policies.
As Fallon said of the PS4, "The big story that everyone's talking
about is that this system is the only one where you can still
play used games."
Mark Cerny, the lead architect of the PlayStation 4, responded,
"We support used games, we don't reqiure an Internet connection."
The exchange ended in lots of applause from the audience. Like
Fallon said, the used games and Internet connectivity problems
have become "the big story," and that is bad news for Microsoft.
Of course, the
hoopla is not exactly accurate: Xbox One games will actually be
able to be transferred and played as used games, though under
certain conditions. Moreover, Sony is leaving decisions
concerning the ability to play used games without a fee, up to
Overblown or not, Fallon's "Video Game Week" thus far has
revealed that Microsoft has a pretty major public relations
problem on its hand, and it will have to be up front about its
policies, and the reasons behind them, to compete with Sony and
Follow me on Twitter: