Author: pekandesigns

 Sony is getting a new CEO after it announced that CFO Kenichiro Yoshida will replace Kazuo Hirai as the head of the Japanese firm. The move will happen April 1, with Hirai shifting to the role of Chairman. “I have dedicated myself to transforming the company and enhancing its profitability, and am very proud that now, in the […]

 Tesla is using its car leases as collateral for a big $546 million loan as it turns to debt markets to raise additional cash to combat the blistering burn rate of its auto and energy business, according to multiple reports. The bonds are pegged to leases of its Model S and X cars, and it […]

 Seems like just yesterday Airbus’ Vahana autonomous electric vertical take-off and landing (VTOL) craft was little more than a painted concept, but now it’s actually flown, during a full-scale prototype test that lasted just under a minute, and during which the Vahana aircraft was fully self-piloted and fling at a height of 16 feet off […]

 It has long been believed that the big three in the cloud consisted of AWS, Microsoft and Google, with IBM not doing too badly either. But in its earnings call with analysts today, the company revealed it’s pulling in a billion dollars a quarter in combined cloud revenue. That’s a figure that Google’s Diane Greene […]

 Awesomeness, the digital media company acquired by Comcast for $3.8 billion in 2016, is today bringing kid-friendly programming, including original content, to Amazon Prime subscribers with the launch of DreamWorksTV on Amazon Channels. The new subscription service is aimed at kids ages 6 through 12 and will cost $4.99 per month after a 7-day free […]

 Pokemon Go creator Niantic has acquired the augmented reality startup Escher Reality. Escher Reality builds backend services for cross-platform mobile AR so that users can interact with each other and objects in the environment. The startup offered functionality for shared experiences that was absent in both Google’s ARCore and Apple’s ARKit. Persistent experiences mean that […]

 An all-Tesla stock car-style racing series just got one step closer to reality: The proposed series was approved by the same industry association that manages Formula One and other major international motorsport competitions, The Verge reports. This means more work ahead, however, including securing the requisite amount of teams and funding, as well as dealing […]

 YouTube Go, a mobile version of YouTube built for emerging markets with features like offline viewing and nearby sharing, is today expanding to over 130 countries worldwide. This wider rollout will make YouTube Go available to a large number of people who want the ability to watch YouTube videos, even if they don’t have a […]

 By now, just about everyone recognizes the power of the subscription model. Instead of simply selling a widget and recording revenue one time, you can sell a subscription and keep collecting that revenue over time. Up until now, subscription pricing has been fairly static for most companies. You tend to provide a set of tiers […]

 Medumo co-founder Adeel Yang has plenty of first-hand experience dealing with cancellations for procedures and appointments as a physician — but it’s been a problem that’s a deceptively hard to solve. So Yang and his co-founders decided to start Medumo to address the problem they’ve seen so often themselves. The company’s main goal is to […]