Tesla Offers to Acquire SolarCity | Crunch Report | Summary and Q&A

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June 21, 2016
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TechCrunch
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Tesla Offers to Acquire SolarCity | Crunch Report

TL;DR

Tesla has made a $2.7 billion offer to acquire Solar City, pending approval by Solar City's board.

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Questions & Answers

Q: What is the potential deal between Tesla and Solar City?

Tesla has offered to acquire Solar City for $2.7 billion, pending approval by Solar City's board. This deal would involve Solar City stock being exchanged for Tesla's stock.

Q: What is the purpose of Twitter Engage?

Twitter Engage is a companion app that provides deeper analytics for celebrity and power users, allowing them to track the performance of their posts and engage with their audience more efficiently.

Q: How many monthly users does Instagram currently have?

Instagram has over 500 million monthly users, with a significant increase in users over the past two years. It also has 300 million daily active users.

Q: What is the new maximum length for Twitter videos?

Twitter videos can now be as long as 140 seconds, giving creators more flexibility in sharing their content on the platform.

Summary & Key Takeaways

  • Tesla has offered to buy Solar City for $2.7 billion, with the deal still pending board approval.

  • Twitter has launched a new app called Twitter Engage, aimed at helping celebrity and power users track their post performance.

  • Instagram now has over 500 million monthly users, with 300 million daily active users.

  • Twitter videos can now be as long as 140 seconds, allowing for easier sharing on the platform.

  • Apple is offering a coding and programming course for kids ages 8 to 12 as part of its summer camp program.

  • Startups have until July 5th to apply for Tech Crunch's Startup Battlefield at Tech Crunch Disrupt SF in September.

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