Big Tech &
SEC charges Tesla CEO Elon Musk with fraud (3 minute read)
The SEC is suing Elon Musk for fraud due to his "funding secured" tweet regarding taking Tesla private at a price of $420 per share in August. Among other remedies, the SEC is seeking to bar Musk from serving as an officer or director of a publicly traded company if found guilty. The SEC suit alleges, "According to Musk, he calculated the $420 price per share based on a 20% premium over that day's closing share price because he thought 20% was a 'standard premium' in going-private transaction. This calculation resulted in a price of $419, and Musk stated that he rounded the price up to $420 because he had recently learned about the number's significance in marijuana culture and thought his girlfriend 'would find it funny, which admittedly is not a great reason to pick a price.'" Tesla's board issued a statement Thursday evening saying they are standing behind Elon.
Google Maps now helps you plan group events (1 minute read)
Google Maps has added a feature to help you plan group outings. As you search Google Maps for places to go, you can add them to a shortlist that stays on screen. Then you can send the list to a group to vote on, and the people in the group can vote directly in their Google Maps app. The feature is being rolled out for both iOS and Android this week.
Cloudflare Registrar (Early Access Signup)
Cloudflare is launching its own domain registrar. The great thing about this is that they aren't charging anything above the ICANN registration fees, meaning these domains are as cheap as you'll ever find (for example a .com domain is just $8.03/year using this service). You can sign up for early access through this link.
World's First Underground Hotel is Set to Open Next Month Outside Shanghai (3 minute read)
Shanghai's Intercontinental Shanghai Wonderland is a five star hotel that will be almost entirely underground. The top two floors will be covered in lush green grass, while the remaining 16 floors will extend underground into a mountain quarry. The hotel will have 383 rooms and cover 49,409 square meters. There will be a cascading waterfall at the top of the quarry, and the mountain itself will allow for the hotel to provide bungee jumping and rock climbing activities for the guests.
Startup Resources (Content Site)
The name really says it all, this is just a well curated list of startup resources broken down into dozens of categories. The curator Jói Sigurdsson is a startup founder himself, he currently runs a SAAS startup called CrankWheel.
Hayabusa2 Rover Video (15 second Twitter video)
The Japanese probes that landed on an asteroid earlier this week have sent back their first video. I'm not really sure what all the fuss is about, it's just 15 seconds of looking at grainy rock footage, but people on Twitter seem very excited about this, so here it is!
WikiLeaks replaces Julian Assange as editor-in-chief (2 minute read)
Wikileaks has reluctantly replaced Julian Assange as Editor-in-Chief as the Ecuadorian embassy has shut off his communication with the outside world since March. Icelandic journalist Kristinn Hrafnsson will take over as WikiLeaks' new EIC due to the "extraordinary circumstances". Wikileaks is still being sued by the Democratic National Committee, who allege that they colluded with the Russians during the 2016 US election. Assange himself still faces a Swedish rape allegation, and the current Ecuadorian administration is not fond of him and may expel him from the embassy.
Can you tell a fake video from a real one? (5 minute read)
Artificial intelligence is allowing us to make shockingly believable fake videos. This will make it even harder to tell what is fake news and what is real in the future. This article contains a series of videos of world leaders like Obama, Trump, and Putin, and you have to guess if they're real or fake. The first couple are pretty easy, but the last few are shockingly hard.