'I don't think anyone can catch them' — former NBC executive says Netflix is too far ahead

Netflix is loaded with subscribers and making investments that will keep them on top in the video streaming war, former NBC Executive Tom Rogers said Friday on CNBC. div > div.group > p:first-child”> “I think Netflix has won, and I don’t think anybody can catch them,” he said on “Squawk Alley.” Rogers predicted Netflix’s subscriber […]

Early investor defends Tesla as shares tank: Musk created 'the iPhone of the electric-car market'

Shares of Tesla fell 10 percent on Friday after the company announced layoffs, but the electric-car maker is still in the lead position on a technology that is taking over the world, said an early Tesla board member. div > div.group > p:first-child”> Tesla’s Friday announcement that it will cut 7 percent of its workforce […]

Tesla has $920 million in debt that's coming due — and it could wipe out a large chunk of the company's cash

Tesla has a billion dollar debt coming due, and it could wipe out nearly a third of the company’s cash if the stock price doesn’t improve. div > div.group > p:first-child”> About $920 million in convertible senior notes expires on March 1 at a conversion price of $359.87 per share. But Tesla’s stock hasn’t traded […]

Microsoft recommends switching to iPhone or Android as it prepares to kill off Windows phones

Microsoft says anyone who still uses its Windows 10 mobile platform — once called Windows Phone — should switch over to an iPhone or an Android phone. A change to the Windows 10 Mobile support page was first spotted by Thurrott, a site that covers Microsoft. div > div.group > p:first-child”> Microsoft said that on […]

Tesla will need to make cheaper Model 3s by the second half of 2019

Tesla needs to get cracking on a cheaper car. div > div.group > p:first-child”> The electric vehicle maker said Friday it plans to cut about 7 percent of its workforce, which by the last company headcount would equal something in the vicinity of 3,100 jobs. The plan is to cut costs and get closer to […]