Many people have been drooling over Tesla’s line of high performance electric cars. One thing some people haven’t been excited about, however, is the price tag.New details have come out about Tesla’s much-anticipated Model 3 car, which is expected to cost about $35,000. For reference, Tesla’s popular Model S sedan sells for $70,000.The Model 3 car will come in two iterations, the company’s...

The Players Tribune, the athlete-driven media outlet founded by former New York Yankee All Star Derek Jeter, has its own hitting streak when it comes to fundraising.Less than a year after raising $3 million in its first outside financing, the online sports network has closed on $9.5 million of a planned $15 million round led by the white-shoe venture capital and later-stage investment firm NEA....

The Lowline, an ambitious project by two New York City-based architects to transform an abandoned trolley terminal into the world’s first underground park, is now Kickstarting the second phase of their vision of subterranean-grown cuisine. The team has plans to build out the Lowline Lab, a working prototype in the form of a six-month public exhibition. The Lab will not only allow visitors to e...

According to data published by the International Telecommunications Union (ITU), mobile Internet usage is quickly on the rise. The number of mobile broadband subscriptions per 100 inhabitants worldwide almost quadrupled since 2010, and by the end of this year the mobile broadband penetration rate is expected to reach 47%. As is the case with fixed broadband subscriptions and Internet access in...

With a wave of consolidation in prospect, America’s big internet firms look set to divide into predators and prey.EVEN at charity auctions, technology titans like large transactions. At a recent fundraiser for Tipping Point, an anti-poverty charity in San Francisco, guests swiftly bid up the price for a package of Super Bowl tickets in increments of $100,000. The fortunes made by Silicon Valle...

Developments in virtual and augmented reality have so far primarily focused on users’ visual experiences, but a new system called Ultrahaptics could shift the focus from virtual sight to virtual touch. Developed by researchers from the University of Bristol, the system enables users to experience ‘phantom’ tactile sensations in mid-air with their bare hands.Ultrahaptics uses ultrasound to pr...

He works on Project Loon, Google’s ambitious plan to deliver Internet service from enormous balloons floating in the stratosphere. When the company revealed the project in the summer of 2013, these polyethylene balloons stayed aloft for about five days. As part of Google’s effort to increase their flight time—and turn them into a viable way of getting underdeveloped regions online—Krishnasw...

How companies make systemic changes—and show employees they’re serious about customer centricity.The “inner loop” of the Net Promoter SystemSM promotes individual learning. It lets frontline employees and teams hear both positive and constructive customer feedback directly and immediately. The inner loop enables them to implement whatever changes they can make on their own (see Figure 1). T...

When it comes to envisioning a future based on advances in 3-D printing, popular opinion tends to run to extremes. 3-D printing is either a novelty—making candy bars on the Hersey's factory floor and minor items like iPhone cases—or it's part of a dystopian future, like printing firearms and human body parts. The health-care promise held by 3-D printing, though, is real, and it may develop in...