Tesla gets 10 Million cash flow from California government


The California Energy Commission approved a 10 million dollar grant to Tesla for it’s Model X SUV. Part of the agreement is that Tesla will match the grant with $50 million of its own money and use the entire sum to keep Model X production rates high when it finally hits manufacturing in 2014. This will include hiring on 700 more workers. California being green wants this electronic SUV to succeed.

via AllthingsD

Softbank to buy Sprint?

Looks like #3 cell phone service provider Sprint is working on a merger deal with Softbank. Sprint has long been trailing Verizon and AT&T. In addition T-Mobile is working on acquiring MetroPCS. Sprint needs to act now or get lost in the shuffle. The merger with Softbank of Japan might help Sprint roll out it’s next-generation network.

via New York Times

Apple steals top chip designer away from Samsung


Apple just hired former Samsung chip designer Jim Mergard from rival Samsung. Mergard moved from AMD to Samsung and worked on AMD’s Brazos chip for “low-end portable computers” so is well suited for mobile chips for iPhone and iPad. This will be just more tension between the two companies heated in litigation.

via GigaOM

1 billion Android activations by next year

Credit Slashgear
Current Google Chairman Eric Schmidt projected 1 billion Android activations by next year.

“The Android-Apple platform fight is the defining contest. Here’s why: Apple has thousands of developers building for it. Google’s platform, Android, is even larger. Four times more Android phones than Apple phones. 500 million phones already in use. Doing 1.3 million activations a day. We’ll be at one billion mobile devices in a year.”

The current activations is around 500,000 and with 1.3 million activations a day it is very possible to see 1 billion Android activations by next year.

via Slashgear

PlayStation 3 Slim review (late 2012) reviewed by Engadget

Engadget has posted a review of the PlayStation 3 Slim late 2012. The review seems to imply not to upgrade to this new model as they cut corners especially in build quality.

At $270 — a full $20 more than the already existing 120GB model, albeit with the addition of a year-old game and $30 in virtual money for a free-to-play shooter that isn’t available yet — the PlayStation 3 redesign is hard to suggest. Barring the price, the generally cheap feel of the hardware and sheer unattractiveness galvanize our position: you’re better off picking up the older, less expensive, more attractive (and functionally identical) PS3 Slim. And that’s without mentioning awkward design choices like a top-loading disc tray, or the return to glossy black plastic that holds fingerprints and dust so dear to its heart. If you’re in the market for a new PS3 — and honestly, who are you people? — we can’t suggest the Superslim.

via Engadget