Tesla Makes Money, Netflix Makes Even More Money, Google’s Eric Schmidt Worked For Free: Daily Roundup

Subscription services like Netflix Watch Instantly generate 20x the revenue of pay-per-downloads -

Now this is one stat from an analyst that we wouldn’t refute, but we do wonder how Versaly Entertainment aquired this information. How exactly does one calculate streaming revenue from a subscription service like Netflix anyways? To be fair we are only assuming that Netflix is involved here as it wasn’t specifically mentioned, but we really can’t think of any other subscription based video streaming service…Engadget

Who On Earth Can Order a $47,000 Solid Gold Penis Enlarger? -

A Saudi businessman with a small penis, that’s who. According to X4 Labs—a Canadian company that creates this kind of devices—their customer has ordered what may be the most expensive adult sex aid ever, made of pure gold…Gizmodo

Tesla turned a profit! Celebrate! -

I can’t be the only one that thought Tesla was going to be a money pit. I foresaw greed, mismanagement, delays, so on and etc, but they seem to have delivered and are now on their way to full-fledged “successful business” status. A million dollars’ profit on 20 million in business is small potatoes in the car industry, of course, but the other guys in the game are all wallowing in debt, so anything less than total self-annihilation would have put Tesla ahead of them…CrunchGear

Porsche next generation 911 Turbo gets new 500 BHP engine -

In Porsche introduced the 911 Turbo (Porsche 930 in the U.S.) and it became an instant classic with its swollen wheel-arches, whale tale spoiler, distinctive exhaust rasp, demanding handling and 256 bhp of eye-popping acceleration. Now Porsche is poised to release a next generation 911 Turbo at Frankfurt Motor Show next month and the extensive check list of techno-wizardry highlights just how far automotive technology has progressed in a third of a century – driving dynamics have improved dramatically from previous turbos, it uses less than half the fuel (24 mpg) of the original and produces TWICE the power…GizMag

Google CEO Eric Schmidt Worked For Free As Apple Board Director -

BusinessWeek is reporting that Google CEO Eric Schmidt only received Apple gear and gifts while he was on Apple’s Board of Directors. Schmidt has recently made headlines after resigning from his post at Apple citing “conflict of interest” between Apple and Google. Google and Apple have become direct competitors with Google releasing a phone operating system, web browser, and an upcoming computer operating system. BusinessWeek says Schmidt willingness to accept his position without pay is not the policy Apple has in place since Steve Jobs took over Apple again in 2007…Ziggytek