Happy Tuesday! Here's a look at some of the top tech stories we're following today:
Elon Musk is sticking with Tesla. Under the terms of a new 10-year deal that keeps him as the head of the company, Musk must grow Tesla's market capitalization from its current $60 billion to $650 billion within a decade, according to The Associated Press. If that doesn't happen, he won't be entitled to any guaranteed compensation.
Chipmaker Intel was trying to fix one set of problems, but appears to have created a whole new set of issues for PC and smartphone users. A patch meant to address design flaws is reportedly causing random reboots, CNET says. There's no word yet on when Intel expects to resume rolling out the patch.
Two Austin accelerators have picked 14 of the best and brightest startups to work with over the next several months. Techstars has selected 10 companies, American-Statesman tech writer Lori Hawkins reports, while Sputnik ATX has chosen four companies to work with initially. Learn more about the startups here.
Check back throughout the day for the latest updates from the 512tech team.
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