Plus, those ubiquitous dockless electric scooters are facing a backlash; remembering the (mostly failed) streaming music services leading up to Spotify; and is it time for the dumbphone?
Once touted as Tesla’s $35,000 “car for the masses,” Elon Musk’s Model 3 can now set a buyer back almost $80,000. In a series of weekend tweets, Musk unveiled specifications for a faster and more powerful version of the Model 3 with two motors and all-wheel drive; at $78,000, it will cost more than double the base-model starting price discussed in the run-up before deliveries of the electric car started last year. And that package doesn’t even include the Autopilot driver-assist feature. [Sally Bakewell and Olga Kharif / Bloomberg]
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Mark Zuckerberg’s meeting with European lawmakers tomorrow will be livestreamed. Zuckerberg was initially supposed to meet with members of the European Parliament behind closed doors. [Mark Scott / Politico]
It looks like President Trump’s attacks on Amazon go beyond angry tweets: He reportedly personally lobbied the head of the U.S. Postal Service to double the rates it charges Amazon and other online retail partners to deliver packages to customers’ homes. Such a change could potentially saddle Amazon with billions of dollars of extra costs, but U.S. Postmaster General Megan Brennan has so far rebuffed Trump’s efforts, adding that the Amazon relationship is profitable for the USPS. [Jason Del Rey / Recode]
A big part of the value proposition of the seemingly sudden glut of dockless electric scooters from startups like Lime, Spin and Bird is that they can be easily moved around to meet or create demand. But the companies have been met with a wave of backlash from city residents who have complained that the unused vehicles often block the public right of way. Here’s how Lime — which is reportedly attempting to raise up to $500 million — navigates the streets and sometimes irate citizens of San Francisco. And here’s a glimpse into the scooter-charging subculture called “Bird hunting” that has become a pastime for teens and young professionals. [Johana Bhuiyan / Recode]
Fire up your Monday playlist and dive into this history of the (mostly failed) legal streaming services that came between Napster and Spotify. For the first time in more than two decades, the music industry is seeing significant growth, largely off the back of streaming services from Spotify, Apple Music and Pandora. But it’s not hard to forget that the industry, caught off guard by new technology in the late 1990s, tried to force the issue of getting paid through the launch of forgotten services like MusicNet and PressPlay — and got burned, badly. [Ernie Smith / Motherboard]
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