Musk, known for his increasingly frequent and angry Twitter outbursts as well as making rockets in his spare time, stated in a series of three photos, “Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us”. However, in the same series of posts, Musk also announced that Tesla has “made the difficult decision to let go of approximately 9% of our colleagues across the company”....

Fortunately, we’ve been looking out for you by keeping an eye out for scams as they emerged this year, helping to keep our readers abreast of all the online scams that could be clogging up their inboxes. In the past year, we’ve come across a number of creative, elaborate, and downright silly online scams that made the rounds. Here are some of the top offenders from 2018 Take a look at some of the worst ones we found and make sure to keep your personal information safe in the new year!...

Deemed “decacorns,” private companies valued at more than $10 billion are now the gold standard for startup success. Check out the seven companies that can claim this epic status and watch out for their impending IPOs. 1. Uber – $68 Billion Despite a bevy of negative news stories, like this one, this one, and especially this one, and competitors like Lyft nipping at their heels, Uber remains the Michael Jordan of business evaluations, with more than twice as many billions as the next closest competitors....

Up-and Coming Cities Forget the West and East Coasts, Schramm said the up-and-coming cities for young entrepreneurs are Austin and Miami. “They are emerging centers for new business, they have lots of new businesses starting and it’s like anything, if it’s happening, there must be a reason why, says Schramm who is also a contributor to Forbes. ” You don’t have to know the reason, but you’re playing statistical games....

In Flourish, psychologist Martin Seligman sets out a simple formula for achievement: achievement = skill x effort Here’s what that means for your next hiring interview. Skill Skill has three components: speed, (its seeming opposite) slowness, and rate of learning. Speed. Speed is what we usually think of as intelligence, and it’s correlated with IQ. Competitions like Jeopardy and Wheel of Fortune prize speed. When you’re fast, that often means that many of your mental processes are on automatic....

At last year’s SXSW, Tech Cocktail covered a new robo-ball-toy called Sphero. The robotic ball, controlled by your smartphone, puts a heavy emphasis on design. While the ball’s clear exterior rotates in order to achieve movement, the interior remains balanced. The result- Sphero’s bottom half continually faces the ground (similar to how the same side of the moon always faces Earth), while the top half of the interior shines a variety of brightly colored lights....

However, before you take the leap to restructure your startup, take the time to consider the reasons why you are making this change. Why Restructure Restructuring is never the goal when it comes to the idea stage in your startup. But it can be just as, if not more important than the original concept. Adapting to the market is a good trait and your startup will be better for it....

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Instead, it has elected in favor of an app made by either Google or Apple. Or Both. Or neither. Why has the UK managed to drop the ball so badly? And perhaps more pertinently, has anyone managed to get a contact tracing app working properly so far? The UK’s Tracing App Travails As the coronavirus pandemic travelled from China and into Europe, there was a great deal of talk about the potential of contact tracing apps to help limit the spread and let unaffected people live normal lives....

Back in 2013, the airport began using solar energy after installing a 100 kilowatt peak (kWP) photovoltaic solar plant on one of its terminals’ roof. This was then followed by a 1 megawatt peak (MWp) plant that produced 4,000 units of electricity daily. On Tuesday, the airport unveiled a new 12 MWp plant stretching across 45 acres. Made up of more than 46,000 photovoltaic solar panels alongside the cargo terminal, Cochin International Airport claims that the plant is capable of producing enough energy (60,000 units daily) to power 10,000 annually....

Seizing upon this opportunity, Michael Puscar turned his focus to Latin America in 2013 – a bet that has proven to be quite successful. Puscar is a serial entrepreneur and the founder of Yuxi Pacific, an international Big Data software firm that pioneered the use of NOSQL databases in the publishing industry. Currently, Puscar is the president and founder of GITP Ventures. Puscar’s focus shift to Latin America started after Blue Loop Capital acquired Yuxi Pacific, back in 2013....

Start with Israeli Sources The best Israeli investors, from the key super-angels to incubators such as Microsoft, maintain their own relationships with a network of US investors. You can often use these as a starting point for constructing your own relationships. Be Open to Relocation Many US investors will want to see Israeli startup founders relocate to the US at some point in the company’s lifecycle – typically to Silicon Valley or New York....

In an excerpt from the book Startup Mixology, entrepreneur Jason Roberts coined the expression “luck surface area” where the more you communicate your story and expertise, the higher the likelihood of expanding and cultivating relationships that lead to meeting the right people. For a founder, if they can expand their network and build a strong personal brand, it could be a game changer in their go-to-market strategy and effort to attract investors....

The good news is that a few websites provide excellent resources for hardware startups. Below are 10 of my favorite websites that offer resources and advice for entrepreneurs creating new hardware products: 1. Bolt The venture capital firm Bolt provides funding specifically for hardware startups – particularly those that are looking for $100,000 to $500,000 in capital, and that are working with a recurring software component model. You’ll also find a wealth of helpful articles on the Bolt blog....

Test Your App on Multiple Devices Image via Flickr by davispuh Just because an app works well on one device doesn’t mean that people using other devices will have a similar experience. Considering that more than 24,000 types of Android smartphones and tablets are widely used, app developers have to deal with. Although you can’t run quality tests on every device, you should pick some of the most popular options. Keep in mind that you don’t have to do all the testing yourself....

Here are this week’s Tech Cocktail Top Stories: Like what you’re reading? Have some great knowledge and think you have what it takes to write some great content for others in the startup or tech space? Then, consider writing for us! Are you ready to Celebrate? Come meet the hottest startups and investors at this year’s Tech Cocktail Celebrate Conference on October 6th and 7th in downtown Las Vegas. Apply to attend!...

Check out these Toronto startups – all looking for employees with your skills and many of which can provide you with enough money to not worry about Toronto’s cost of living. Also check out Tech.Co’s own job board for startup jobs elsewhere. Wattpad If you love to write, Wattpad needs you. You can write and share your stores with anyone in the world. This is your platform to write anything you want, and anyone who uses the site and is interested in what you have written can read it....

This lawsuit really seems like the final roll of the dice for Twitch, which had previously tried banning the users; preventing them from creating new accounts and streaming from these; plus introducing two-factor authentication to start a stream. We explain what the Twitch account-holders did to provoke the ire of the service. What Were the Twitch Users Streaming? According to the court filing, the streamers took over the directory for digital collectible card game Artifact, to broadcast a host of unsavoury things, including:...

The social media platform – which recently fired a third of its recruiting staff team – has already signaled its intention to sue Musk, roping in an elite law firm to take the case. If Musk’s buyer’s remorse holds up in court, it could be a good thing – his absolutist approach to free speech means many experts predict Twitter could turn into a cesspit of bigotry with him at the helm....

Signing up for Vent Up is super easy. It only takes a few seconds — pick a username, choose a gender (it doesn’t support a third gender), and you can start chatting. The app is very easy to use, as it only has four buttons you can choose from: 1) Search, which essentially means roulette because you cannot search for a certain user — it assigns you a random user instead; 2) Chats, where you can view your chats; 3) the Settings button; 4) and finally the Share button, which will earn you free chats (I’ll explain that in a few)....