Tesla will soon air Netflix and YouTube content on its vehicle screens, according to Elon Musk. The videos will only play while the car is parked, or while moving 'when full self-driving is approved by regulators,' he said. While Musk didn't announce a specific date for the new feature, a rollout could happen as early as August. Musk has long wanted Tesla vehicles to offer up entertainment content, according to Business Insider. • Here’s what people are saying.
In one of the most 'ambitious' collaborations between old finance and new tech, Apple and Goldman Sachs new credit card is almost here. The Apple Card is slated for an early-to-mid-August launch, reports Bloomberg, citing an anonymous source. People who own iPhones will be able to sign up for the card with the Wallet app, and it promises no fees, a spending tracker and a 'privacy-centric approach.' Goldman Sachs CEO David Solomon called the partnership “a major step in the growth of our consumer franchise,' when the project was announced in March. • Here’s what people are saying.
Amazon’s blockbuster acquisition of Whole Foods has “whetted executives’ appetite,” for a more meaningful foray into the grocery business, according to The New York Times. Two years in, the tech giant’s takeover of Whole Foods has only provided some minor “glimmers of success,” yet it is fueling the desire for Amazon executives to build a food business “from the ground up.” It would be “an ambitious new chain,” likely independent of Whole Foods, where prices declined 2.5% on a standard basket of goods since the takeover. • Here’s what people are saying.
Store-branded products are taking increasingly larger bites out of big food makers’ sales, says The Wall Street Journal. With store brands offering higher profit margins, retailers such as Kroger and Walmart are selling more of their own brands than ever, as well as focusing on increasing the quality — Kroger says it's looking to go from “knockoffs to knockouts” — forcing companies such as Kraft Heinz to cut prices to remain competitive. • Here’s what people are saying.
An American Airlines flight attendant was bitten by an emotional support dog mid-flight and required five stitches on his hand. This latest incident has heated up the ongoing debate about emotional support animals (ESAs) as co-fliers. American revised its policies in March, according to USA Today, to limit ESAs to cats and dogs, which now require vaccination details. Yet vaccine or not, it’s as difficult to predict how an animal will behave on an airplane as predicting how a baby will. • Here’s what people are saying.
Lastly: If you are one of the more than 147 million Americans affected by Equifax’s 2017 data breach, the good news is you may be due for some compensation in the form of 10 years of free credit monitoring and $125. The bad news is — you can assume your information is out there forever. The Washington Post recommends you check to see if your data was compromised, and if it was, to file your claim ASAP. • Here’s what people are saying.
Idea of the Day: Here are some things to consider when making decisions like a CEO, says Mickey Mikitani, Rakuten CEO.