Tesla Motors will receive $1.3 billion in tax incentives for building its battery factory in Nevada

See the original posting on The Verge

It’s been almost a year since Tesla first confirmed its plans to build a battery-producing “gigafactory,” and just over a week since the company revealed it would build that factory in Nevada rather than its home state of California. Reuters has details on why: the company is reportedly receiving some $1.3 billion in tax incentives over the next 20 years to bring its gigafactory to the state. Nevada governor Brian Sandoval signed bills on Thursday that tax exeptions for 20 years worth approximately $725 million dollars. Additionally, the company would save an estimated $300 million on payroll and others taxes through 2024.

It’s a good reason for Tesla to look to Nevada, and it should be beneficial for the state’s economy, which was…

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Twitch chat malware is emptying gamers’ Steam accounts

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F-Secure has uncovered an unusual kind of malware that’s spreading through Twitch’s chat feature, which they’re calling “Eskimo.” The virus starts with a simple phishing scheme, claiming the target has won a phony raffle and offering a bad link to confirm. If users click the link, they’ll be infected with the malware, which logs into the gaming platform Steam and takes control of the target’s account. From there, the program empties the target’s wallet and sells off any valuable items he may have bought or acquired through the service. Users are also reporting that more valuable items were being traded to an account called “Youni,” the owner of which has yet to be tracked down.

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Payments Startup Square Raises $100 Million More

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Screen Shot 2014-09-12 at 1.13.56 PM According to a filing obtained by VCExperts, Square has raised another $100 million in capital. The company authorized 6.4 million Series E shares, according to the document, at a per-share price of $15.46.
Square is incredibly well capitalized. The company has raised hundreds of millions of dollars, has a nine-figure credit line, and, now a fresh $100 million traunch to use.
The… Read More

iOS 8 Won’t Be Able To Forward Texts To Your Computer For A Few Weeks After Launch

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continuity iOS 8 is coming! iOS 8 is coming! As announced during this week’s iPhone 6 event, iOS 8 will ship to everyone with a compatible handset come September 17th.
Most of iOS 8 will ship then, anyway. According to a newly discovered footnote on Apple’s site, one of its key features still needs to cook for a few more weeks. Read More

Drones, Augmented Reality, and Borg Bouquets at Mokena Mini Maker Faire

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This is one of the original homes in the Frankfort/Mokena area, having been first settled in 1841. The area of the farm that the Mokena Mini Maker Faire is on gives us great exposure to the old farm buildings, plenty of space to spread out, and even enough room to house a trebuchet and some other fun thingsOn September 13, Mokena Mini Maker Faire (MMMF) will open its doors for its year one extravaganza. Featuring a drone obstacle course, a 10-foot-tall musical instrument, an augmented reality sandbox, steampunk accessories, a learn-to-solder class, DIY noisemakers (you can take them home!), an Arduino course, watercolor painting, handcrafted Etsy jewelry, 3D […]

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I just spent an hour playing with this ‘interactive music video’ and now I’m scared

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Embedded above is a music video for Ty Segall’s “Manipulator.” But that’s not the way to experience this. Instead, head over to Segall’s page and, after a few minutes of loading, get ready to click anything and everything in this so-called “interactive music video.” There are three scenes in all, and more than a dozen things to alter in each scene. According to designer Simon Wiscombe, “all in all there are about 3.1 * 10^31 different combinations.”

So let’s give it a shot.

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TechCrunch Giveaway: Free Tickets To The 2014 Future Stack Conference

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unnamed-2 The team at New Relic is excited to send 10 of our TechCrunch readers to the 2014 Future Stack Conference, taking place on October 8th-9th at the Fort Mason Center in San Francisco. Enter our giveaway below, and you could join 1,000+ of your fellow data lovers next month for this 2 day event.
FutureStack14 is a conference to share the inspirational and the practical sides to modern software. Read More

A Better Look At What’s Next For Windows

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screen-shot-2014-07-11-at-8-54-02-am Two important things happened this week in Windows: It became more evident that the Windows Phone branding that Microsoft has pressed for years is likely set to fade, and Windows 9 was detailed in greater focus thanks to a large leak. The two events are linked, given that Microsoft is widely expected to better unite Windows, Windows RT, and Windows Phone. There won’t be three… Read More

The iPod is gone, but not forgotten

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Apple finally killed off the original, click wheel, hard drive iPod this week. A lot of people barely noticed, because we were too busy gawking at a watch that isn’t really a watch. However, for a generation of music-lover, the iPod was the consumer electronics product of the last decade. It brought Apple back from the dead, birthed a whole new family of iDevices, and literally changed the way we interact with music. In some ways for worse, in some ways for the better.

Mat Honan at Wired has put together a fitting eulogy for the iPod that made me remember just how exciting a prospect it was to have your entire music library in your pocket. And a huge part of that reason wasn’t the technology — it’s because so many of us used to define…

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Y Combinator Wants You (To Solve Big Problems)

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ycombinator In its last Demo Day, Y Combinator showcased startups that are seeking to solve some of the world’s biggest problems. As in, nuclear energy, health, and quantum computing–all things that are (arguably) more important than how to get food delivered to your piehole using the most direct route possible. And Y Combinator isn’t done looking for companies that can have a wide… Read More

Apple says iPhone 6 pre-orders set new overnight record

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Apple today revealed that overnight pre-orders for the iPhone 6 and iPhone 6 Plus set a new record, suggesting that consumers are indeed eager to get their hands on larger iPhones along with new features like Apple Pay, Apple’s mobile payments platform. “Response to iPhone 6 and iPhone 6 Plus has been incredible with a record number of preorders overnight,” an Apple spokesperson told Recode in a statement. That demand probably has something to do with the problems users experienced when trying to reserve an iPhone from Apple’s web store last night. AT&T has also said it’s seeing more demand at this early stage than it did for overnight pre-orders of the iPhone 5 and last year’s iPhone 5S.

So that’s positive news for Apple, though…

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Apple reportedly spent more than $100 million on the new U2 album

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Apple CEO Time Cook and U2 frontman Bono made big news this week when they announced that the band’s new album would be distributed, at no charge, to the roughly 500 million people with an iTunes account. But as Bono made clear on stage, someone had to make up the difference. “First you would have to pay for it,” he told Cook, “because we’re not going in for the free music around here.”

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