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Tesla recalled 11,000 Model X SUVs — and it shows how the company is leading the industry (TSLA)

On Thursday, Tesla issued a voluntary recall for Model X SUVs built between October 2016 and August 2017, to address a potential second-row seat malfunction.

The timing of a recall for a Model X seat issue isn't great, for two reasons. First, Tesla has been dogged by seat problems with its SUV every since the vehicle launched in 2015. Second, the company is struggling to ramp up production on its Model 3 sedan, but failing to meet its own expectations — the seat issue with the X suggests that the 3 could be in for similar quality control troubles, especially because Tesla skipped the assembly line prototyping stage of production.


TRANSPORTATION AND LOGISTICS BRIEFING: California loosens self-driving regulations — Bpost targets e-commerce fulfillment with Radial acquisition — Split FAA panel imperils drone regulations

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MORGAN STANLEY: Netflix is benefiting from a virtuous circle (NFLX)

It's virtuous circle.

Netflix has moved to raise prices on its subscription plans, which will give it the resources to push further into global markets and expand its exclusive content. That, in turn, is likely to increase its pricing power even further.

That's the crux of a research note from Morgan Stanley's Benjamin Swinburne. The analyst lifted his price target for the company to $225 from $195, a 15% increase. 

This month, the company announced that it will raise prices on its standard and premium plans to $10.99 a month from $9.99, and $13.99 from $11.99, respectively.


People are saying a movie theater in Times Square is crawling with bed bugs — again (AMC)

Some patrons of the AMC Empire 25 theater in New York City's Times Square are complaining of bed bugs — but the theater is pushing back against the claims.

The theater suffered from a bed bug problem in the summer of 2010 and the fall of 2015.

The most recent sighting came on October 4, when Jessica Vidal took to Facebook and posted pictures of the bugs as well as her husband's neck, which looks to have been bitten by the bed bugs.

Here's what she posted:

One day prior to Vidal's post, NYU graduate student Don Ho told Gothamist that he got "red itchy bumps" on his forearm while at AMC 25.

So what exactly is going on over at AMC 25?


Billionaire Alibaba CEO Jack Ma sings at surprise music festival appearance (BABA)

We already know Jack Ma can dance. But the billionaire CEO of Alibaba showed recently that he can sing as well.

On October 11, Ma joined Chinese singer Li Jian on stage for a surprise appearance at Yunqi Music Festival, where he sang a duet on Li's hit song "Legend."

Adorned in a hip jacket, jeans and sunglasses combo, he didn't stop there.

Ma stayed on stage and sang solo for another three songs, including "Unchained Melody," followed by Jonathan Lee's "I Finally Lost You" and Wang Feng's "When I'm Thinking of You."

The festival was part of the Computing Conference 2017, an event hosted by Alibaba Cloud in the city of Hangzhou.

Ma's singing showcase comes just a month after he performed a


A PayPal exec always tells job candidates exactly what he wants to hear before the interview even starts

If you're looking for a job at PayPal and you score an interview with chief learning officer Derek Hann, consider yourself lucky. His interviews are like an open-book test.

The CLO, who focuses on learning and development initiatives at PayPal, told Business Insider that he wants job candidates to know exactly how they need to answer his questions.

So before he begins asking his questions, he'll prep them.


GitHub, the 'Facebook for programmers,' has quietly built up an enterprise business that accounts for half its $200 million in sales

GitHub may have a reputation as a hub for up-and-coming young coders, but the $2 billion company has a secret user base driving its success: corporations.  

About half of GitHub's $200 million in annual revenue comes from businesses, according to chief strategy officer Julio Avalos. And that number is growing as more and more software developers who learned to code on GitHub's site get hired by corporations and encourage their new companies to use GitHub as well. 

The distinction between "enterprise versus consumer is going away," Avalos said.


Amazon, even more than Google, has corporate America talking (AMZN, GOOGL, FL, MSFT)

Microsoft and then Google used to be the exemplars of companies whose ambition seemed to know no bounds. Increasingly, though, that title seems to belong to Amazon. With its latest purchase of Whole Foods, it's started to seem like the e-commerce giant has its hands in nearly every industry out there.

Other companies — and their investors — have certainly noticed. Amazon has become a popular point of discussion when executives at rival firms are talking with analysts and shareholders. As we can see in this chart from Statista — based on data from FactSet and Recode — Amazon has overtaken Google as the most mentioned company in public corporate conference calls.


A former energy official for Obama explains why Tesla has the best plan for helping Puerto Rico

It's been almost a month since Hurricane Maria tore through Puerto Rico and the majority of the island still doesn't have power.

About 84% of the island is without electricity, critical structures like hospitals are relying on gas- and diesel-powered generators to remain operational, and the prognosis looks bleak for most residents. It could be another six months before parts of the island regain power.

It's a dire situation that should inspire the federal government to seriously pursue the construction of microgrids — which has been pitched as the best solution to Puerto Rico's long-standing energy issues before the hurricane even struck,


Apple cofounder Steve Wozniak just launched a new startup to reinvent tech-industry training

Steve "Woz" Wozniak, cofounder of Apple Computer and inventor of the Apple II computer, announced on Friday the launch of his latest startup, Woz U.

The venture is a "digital institute" meant to help people gain skills in computer science to fill gaps in high-paying technology roles. Wozniak, beloved for his affability, said Woz U was created to make tech less intimidating.

"People often are afraid to choose a technology-based career because they think they can't do it," he said in a statement. "I know they can, and I want to show them how."

Many economists predict that