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Report: Tesla facing criminal probe over “funding secured” tweet

Ars Technica - 1 hour 1 min ago

Enlarge / Elon Musk in Adelaide, Australia in 2017. (credit: Mark Brake/Getty Images)

Elon Musk's August 7 tweet that he had "funding secured" to take Tesla private has become the subject of a criminal investigation by the Justice Department, Bloomberg reports, citing two anonymous sources. The involvement of the Justice Department would be significant because the Securities and Exchange Commission—which has been investigating the case for several weeks—only has the power to bring civil charges.

Tesla's share price dropped by about 6 percent in the minutes after Bloomberg reported the news.

While Musk's initial tweet claimed he had "funding secured" to buy out existing shareholders, he soon admitted he didn't actually have anything in writing. Days before the tweet, he had a meeting with Saudi Arabia's sovereign wealth fund and emerged from the meeting convinced that the Saudis would be willing to fund a deal.

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Apple TV 4K review: The best TV streamer -- if you're willing to spend up - CNET - Reviews - 1 hour 46 min ago
The Apple TV 4K remains the best streamer you can buy, as long as you don't mind the price.

Game streaming’s latency problems will be over in a few years, CEO says

Ars Technica - 2 hours 4 min ago

Was OnLive just way ahead of its time?

Since the hyped-up launch and dramatic fall of OnLive, there has been significant debate over when the idea of streaming games from remote servers will move from niche services like PlayStation Now and Nvidia's GeForce Now to a market-moving mainstream force.

Take-Two CEO Strauss Zelnick weighed in on that debate recently, saying he thinks a large-scale market for streaming games could "happen in one to three years."

Speaking at the Goldman Sachs Communicopia conference last week, Zelnick said the rise of streaming gaming was an inevitability that was just waiting on the technology to power it at scale. While Zelnick acknowledged that the streaming game servers "have to be pretty close to where the consumer is" to address latency issues, he said there are a few large-scale companies "that have hyperscale data centers all around the world," and that infrastructure will be able to address that last remaining hurdle in a few years time.

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Captain Marvel reactions: Why punch an old woman? - CNET - News - 2 hours 6 min ago
Brie Larson's impressive hero is also leaving fans wondering what this lady did.

New iPad Pro 2018: All the rumors on specs, price, possible October debut - CNET - News - 2 hours 7 min ago
It ghosted the big Sept. 12 iPhone event, but the next iPad Pro could come as soon as next month.

2019 VW Golf adopts Jetta's 1.4-liter turbo engine - Roadshow - News - 2 hours 7 min ago
It's one of a number of changes to the extended Golf lineup for 2019.

Construction to begin on 36 megawatt Moroccan wind farm for Bitcoin mining

Ars Technica - 2 hours 13 min ago

Enlarge / An artist's rendering of a combination Bitcoin mine and turbine farm. (credit: Soluna)

Morocco has a lot of prime real estate for wind energy along its southern coast. But without robust transmission lines to move electricity from there to more populated centers, a traditional wind energy company might wait years for a grid connection before it could start making money.

But if you're connected to the Internet, one option might be to build a grid-isolated wind farm and use it locally while you wait for a connection to the rest of the grid. In Soluna's case, the money-making byproduct that makes local use worth it is mining Bitcoin.

Soluna, a bitcoin-mining company, is going to start construction on a 36 megawatt (MW) wind farm near Dakhla, Morocco, in January 2019, company spokesperson Yoav Reisler told Ars. The company has the rights to 37,000 acres of land, which could eventually accommodate up to 900MW of wind capacity.

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ACLU accuses Facebook of running job ads that women can't see - CNET - News - 2 hours 23 min ago
Facebook is currently reviewing the complaint.

Amazon's new Alexa Gadgets Toolkit lets Alexa have some toy-friendly fun - CNET - News - 2 hours 24 min ago
Robots that can lip sync Alexa's speech? Disco balls that sparkle whenever you say the wake word? Amazon's new software makes it possible.

Kick-Kaas: NetApp gobbles cloudy Kubernetes upstart StackPointCloud

The Register - 2 hours 24 min ago
CEO to stay on as NetApp Kubernetes takes to the skies

NetApp has snapped up Kubernetes botherer StackPointCloud for an undisclosed sum in a deal that heralds the creation of the inspiringly named NetApp Kubernetes.…

The trailer for Captain Marvel is finally here, and it’s spectacular

Ars Technica - 2 hours 32 min ago

Marvel Studios just released the first trailer for its highly anticipated Captain Marvel movie, and it has enough glorious action and hints of the superhero's mysterious origins to whet any superfan's appetite for more. Captain Marvel is slated to premiere in March 2019.

We had our first hint of what's to come in the teaser at the end of Avengers: Infinity War, when Nick Fury placed a mysterious call just before—well, spoiler alert, he was among the one-half of the population turned to dust when that bastard Thanos fatally snapped his fingers. The caller ID on Fury's dropped phone showed no name, just a bright flash of blue, red, and gold with a white insignia. Marvel fans soon concluded this was a hint that Captain Marvel herself (Brie Larson) would be coming to the rescue.

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Leaked Google Pixel 3 and Pixel 3 XL renders look like the real deal - CNET - News - 2 hours 36 min ago
These purported leaked press shots show the relative sizes of the two phones and the cases.

BeerMKR might be the perfect automatic beer brewer - CNET - Reviews - 2 hours 38 min ago
Finally a beer bot that checks all of the right boxes. Here's hoping it lives up to its promise.

Samsung's Odyssey Z gaming notebook now available for $1,800 - CNET - News - 2 hours 39 min ago
The company takes a second shot at garnering some love for its relaunched gaming line by targeting enthusiasts.

Apple's Tim Cook defends iPhone price: Most pay about $1 a day - CNET - News - 2 hours 40 min ago
The iPhone really is for everyone, Cook says. Even at those prices.

Purosangue: Ferrari names its upcoming SUV - Roadshow - News - 2 hours 41 min ago
It'll be available in a hybrid-electric variant, too.

Amazon's Fire HD 10 is on sale for $110 for Prime members - CNET - News - 2 hours 45 min ago
For a limited time Amazon has chopped $40 off the list price of the Fire HD 10. Meanwhile, the Fire HD 7 is on sale for $35.

iPhone XS review: A slight notch above the iPhone X - CNET - Reviews - 2 hours 46 min ago
This year's iPhone is hard to judge without seeing the iPhone that's not yet here.

Apple iPhone XS Max review: Gigantic-screen phone for a gigantic price - CNET - Reviews - 2 hours 46 min ago
The bigger iPhone XS is all about more screen, more battery life... and more money.

Biz<i>!</i> Formerly<i>!</i> Known<i>!</i> As<i>!</i> Yahoo<i>!</i> Settles<i>!</i> Data<i>!</i> Breach<i>!</i> Cases<i>!</i> To<i>!</i> The<i>!</i> Tune<i>!</i> Of<i>!</i> $47m<i>!</i>

The Register - 2 hours 55 min ago
Didja think we'd get rid of the exclaims just 'cos you're Altaba now?

The company formerly known as Yahoo! is close to settling cases related to the mammoth data security breach it covered up almost four years ago at a cost of around $47m.…

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