However broke the state of California may be, it’s also sitting on a treasure trove of unclaimed property that’s valued at over $6 billion. Holders like “corporations, business associations, financial institutions, and insurance companies” are required to report any unclaimed property annually to the state comptroller’s office. That means if you’ve forgotten about bank account contents or uncashed money orders, they’re sitting around with the comptroller.
word to the wise
Six months after raising $4.7 million and less than three weeks after founder and CEO Jody Sherman committed suicide, Ecomom is liquidating. [PandoDaily]
Tesla CEO Elon Musk got around to publishing the data he promised would show that a New York Times review of his company’s electric Model S sedan was a “fake”: “We were played for a fool and as a result, let down the cause of electric vehicles.” [Tesla]
Times’ reporter John M. Broder answered Mr. Musk’s post point-for-point, reiterating that he followed the instructions of Tesla employees throughout his test drive. [NYT]
Netflix CEO Reed Hastings: “House of Cards now the #1 most popular TV show in the world, according to IMDb. And I still can’t get (Neftlix Chief Content Officer) Ted Sarandos to tell me how many millions are enjoying it on Netflix.” [Facebook]
President Barack Obama hosted a Google+ Hangout. [Daily Dot]
Stop calling it the Harlem Shake. Just stop, really. [Gawker]
A meteorite struck Chelyabinsk, Russia, injuring 400 people. [Mashable]
If there’s something that Tesla CEO Elon Musk can’t stomach, it’s a challenge to the company’s claims regarding the mileage-range on the batteries of its electric cars.
Case in point: On February 8, The New York Times published a less than flattering review of the Tesla Model S, in which reporter John M. Broder described Read More
IRL Iron Man
Journalism 101 It looks like somebody is gunning for a spot at Nick Denton’s soon-to-relaunch Silicon Valley gossip site Valleywag. TechCrunch co-editor Alexia Tsotsis wrote an impassioned post about why tech journalism needs another Valleywag, “a watchdog with enough independence and daring to call it as it is.” Writers at blogs like her own, Ms. Tsotsis argues, are simply too embedded in the ecosystem to properly perform their jobs, unwilling to report on certain unseemly aspects of Valley business and culture for fear of having to, get this, sit next to those she’s written about at a demo day.
Things aren’t looking so great for Boeing right now, as the 787 Dreamliner has morphed into a nightmare. Turns out the lithium ion batteries that were supposed to be such an innovation are showing a distressing tendency to go wrong in one way or another, and the brand new model is currently grounded.
But hey, it’s always darkest before the dawn, right? And it looks like there’s at least one person willing to lend a hand. Via the Next Swiftmoney Web:
The Final Frontier
Today is the opening of the Detroit Auto Show, and so automotive execs are making the rounds talking up their companies’ latest and greatest models. Among them, according to Reuters: Tesla founder Elon Musk, who came bearing promises of profitability–or at least assurances that his firm is working on it.
Deal With It
News has been swirling that PayPal vet and SpaceX founder Elon Musk is hellbent on creating a colony on Mars specifically targeting vegetarians. PETA, of course, immediately jumped on the idea, demanding that instead of making the colony vegetarian, it should obviously be vegan.
Now, Mr. Musk has spoken out on his Twitter account saying that, yes, he would like to get tech people to Mars, but no, he is not the red planet’s vegan-loving leader.
Space the Final Frontier
Count Tesla CEO Elon Musk as the latest Silicon Valley entrepreneur unwilling to wait for the Securities and Exchange Commission to mark social media as an appropriate platform for sharing material information about public companies.
The Final Frontier
Looking for a lift… to space? Today, after a week of Internet speculation, a new commercial aerospace startup called the Golden Spike Company made its official debut. Headed by former NASA administrators, the company wants to get regular missions to the moon going by 2020–and at a fraction of the current cost. The name is meant to evoke the transcontinental railway that opened up the American west for settlement.
Yeah, they basically want to build a train to space. NBD.
Millennial icon Bill Nye the Science Guy, whom this reporter once had the immense pleasure of interviewing, currently serves as the CEO of the Planetary Society. There, he’s worked to raise awareness about the Curiosity Rover’s mission to Mars, as well as advised Elon Musk on what the space research community needs out of a commercial space program. (“We need cheap access to orbit,” Mr. Nye told us in an interview. “It’s the key first step. Getting to orbit right now is too expensive.”)
Mr. Nye is working to raise awareness about NASA’s gutted space exploration budget. Yesterday, his team published a YouTube video of Mr. Nye urging viewers to send a letter to the President, asking him to restore the budget.