A bipartisan working group has tentatively agreed that it is, in fact, Friday.
Illustration: Rebecca Zisser/Axios
Google, Microsoft, Apple and Amazon are each said to be working on their own versions of a "Netflix for games," as the tech giants enter a heated battle to own the subscription business for video games.
Yes, but: It's easier said than done, Axios' Sara Fischer reports. Netflix rose to the top in part because it was able to exploit a gap in the market years ago around content licensing. An exact parallel to that doesn't exist in the gaming industry.
Driving the news:
The big picture: Subscription bundles for games have been around for a long time, but some of the new streaming services will aim to move not only the software but the processing for the game into the cloud.
Be smart: The problem is that the economics right now don't incentivize game publishers to license their content to tech companies.
How it works: One key difference between video games and entertainment programming is that with gaming, there isn't as big a market for catalog content — material that people want to consume over and over even when it's old (think "Friends" or "Seinfeld").
What's next: A likely outcome of the streaming wars will be that tech companies begin by licensing and selling individual games a la carte instead, says Michael Pachter, a research analyst at Wedbush Securities.
Tesla store in Paramus, N.J. Photo: Michael Brochstein/SOPA Images/LightRocket via Getty Images
Tesla is finally launching that long-promised $35,000 Model 3, but to meet its target price, the company is closing all of its 378 stores worldwide, Axios' Joann Muller reports. The move will result in laying off retail employees and shifting all sales online.
Why it matters: That $35,000 price tag enables CEO Elon Musk to fulfill his 2006 secret master plan to deliver a mass-market electric vehicle, but he told reporters today "there's no other way" to produce it than by closing all its stores and eliminating jobs. Even so, he says the company won't be profitable this quarter.
What's happening: Shifting all of its sales online — plus cutting other costs — means Tesla can lower the price of its vehicles, including Models S and X, by about 6% and achieve the $35,000 Model 3 price point earlier than expected.
Details: Tesla is offering two new budget-priced Model 3s — a standard $35,000 model and a slightly upgraded $37,000 version — but they'll have smaller battery packs and won't travel as far as currently available versions of Model 3.
The catch: Tesla also changed the pricing on its Autopilot packages, shifting some features around, which will make automated driving features more expensive.
Go deeper: Joann has more here.
Protestors at the Jan. 30 New York city council meeting on the deal for Amazon's second headquarters in Long Island City. Photo: Andrew Lichtenstein/Corbis via Getty Images
A wide group of New York politicians and business people is calling on the retailer to reconsider its decision to abandon Long Island City as a part of its HQ2 expansion.
The latest: In an open letter to CEO Jeff Bezos published in the New York Times, a number of CEOs, venture capitalists, union leaders and politicians make the case that a majority of the region wants Amazon despite some vocal protests.
Details, in the letter:
"A clear majority of New Yorkers support this project and were disappointed by your decision not to proceed."
"We understand that becoming home to the world’s industry leader in e-commerce, logistics and web services would be a tremendous boost for our state’s technology industry, which is our fastest growing generator of new jobs."
Meanwhile, New York Gov. Andrew Cuomo also personally appealed to Bezos to reconsider, per NYT.
What's next: The ball is squarely in Amazon's court.
Illustration: Aïda Amer/Axios
A new report from CNN finds that a search for "vaccine" on Amazon yields a results page dominated by anti-vaccination books and movies.
Why it matters: Amazon has until now avoided the "fake news" drama that its rivals Google and Facebook have faced, in part because it's considered a hub for products, not a platform for ideas, Sara reports.
To be clear: Amazon, like other tech companies, faces no legal responsibility to curb the spread of misinformation on their platforms in the U.S.
The big picture: Many companies are taking stronger action against false vaccine-related information than they have in other areas of dubious content. In the past month...
The bottom line: Any platform that relies on open contributions of unvetted material, whether it be articles posted on Facebook or products sold on Amazon, will inevitably end up offering material containing fake or misleading claims.
Go deeper: Sara has more here.
Thinking of parking in front of a fire hydrant? Well, here is what one fire department says will happen if you do so and a fire breaks out.