YouTube signs big names for original shows that’ll be free to watch

YouTube signs big names for original shows that’ll be free to watch

YouTube is investing big money in new and free content for its platform, signing up Kevin Hart, Ellen DeGeneres, the Slow Mo Guys, and others for new shows. It also announced new shows and movies for its paid YouTube Red service.

The post YouTube signs big names for original shows that’ll be free to watch appeared first on Digital Trends.

Elon Musk just revealed new details about his tunneling project that could change transportation forever

Elon Musk just revealed new details about his tunneling project that could change transportation forever

Tesla CEO Elon Musk revealed new details about his futuristic tunnel-boring project during his TED talk on Friday.

The Boring Company, Musk’s latest venture being led by SpaceX engineer Steve Davis, is working on building a network of underground tunnels that would transport cars on an electric skate. The skate would propel cars through the tunnel at a maximum speed of 130 mph, enough to get from Westwood to Los Angeles in just 5 minutes.

Musk showed the very first visualization of the project during his TED Talk. A car would pull into a metal container that would then transport it underground:

An electric skate would then rocket the car through the tunnel:

Musk is juggling quite a few projects on top of The Boring Company, including Tesla’s upcoming Model 3 launch and the rollout of a brand-new solar roof product. He’s also launched a new artificial intelligence company, Neuralink, while still serving as CEO of SpaceX and Tesla.

But Musk said The Boring Company is only taking “2 or 3 percent” of his time. Interns and Tesla employees are working on the project part-time.

This story is developing.

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Enterprise data company Cloudera explodes in its opening minutes of trading

Enterprise data company Cloudera explodes in its opening minutes of trading

Cloudera Inc. held its IPO today on the New York Stock Exchange. The company and its underwriters settled on an IPO price of $15, pricing above expectations of $12-$14.

Shares of Cloudera are up 22%, or $3.20, in the stock’s first minutes of trading.

Cloudera describes itself as a “United States-based company, which offers Cloudera, a platform for machine learning and analytics built on open source technologies.”

Cloudera is offering 15 million shares with an optional 2.25 million for underwriters, for a total of $250 million.

Cloudera held a private round of fundraising in 2014 offering shares at $30.92, which valued the company at over $4 billion. Today’s IPO values the company at about $2 billion, so investors from that 2014 round will see the value of their investment almost cut in half.

Chip maker Intel made a substantial investment in Cloudera several years ago.

Click here for a real-time Cloudera chart.

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