If you're one Elon Musk, you're probably ready for just about anything to take the place of the only story dominating the Tesla tagline for the past few weeks. Of course, a $90 million net loss isn't the ideal story to overtake the Model S kerfuffle, but hey -- at least the company's aiming to pull in a profit next quarter. In a bid to keep investors focused on the positive, the automaker's Q4 2012 shareholder letter notes that Tesla is officially predicting its first quarterly profit in Q1 2013, sliding up from "late 2013."

For the quarter that just wrapped, the firm saw revenues of $306 million (a 500 percent increase sequentially from the $50.1 million seen in Q3 2012), and it ended the year with $221 million in total cash after having made the first quarterly principal payment of $12.7 million to repay the loan to the U.S. Department of Energy. Tesla also plans to deliver some 20,000 Model S vehicles in 2013, with around 4,500 of those happening in Q1. Europeans and Asians can expect their deliveries in "summer" / "late this year" (respectively), with the first Model X deliveries to occur in early 2014. Musk also told investors that it plans to "spend significantly less on capital expenditures" in 2013 compared to 2012, helping to (hopefully) generate "slightly positive net income on a non-GAAP basis" in Q1 2013.

We don't know for sure that it's going to be the PS4, but Sony sure as heck has something PlayStation-related to show us tonight, and we can't wait to find out what it is. Join the editors of Engadget and Joystiq for a pre-event live video broadcast in which we'll break down the myths, the rumors and the actual information we have on the console codenamed Orbis. Join us after the break where we'll be talking all things Sony.

Update: And that's a wrap. You can now catch it all over again below. Up next: the liveblog.

Ubuntu's Touch Developer Preview was originally put forward as something for "enthusiasts" as well as developers. Well, having been hands-on with the code that will be made public tomorrow, we'd say it requires enthusiasm a-plenty -- perhaps even amateur coder quantities of the stuff. That's because a lot of core functionality is still missing from the OS, such as the ability to play music files or import real-life contacts, and there's a long way to go if it's to be signed off as "code complete" in October.

On the other hand, this is really just a statement of the obvious. Canonical has been pretty clear that the main purpose of this early release is to lure in developers and get them to contribute to the fundamental stages of the project. Furthermore, the video after the break shows that there are many aspects of the OS which work fine -- such as the gallery and video apps, the "side stage" and HUD features, and also general performance on the Nexus 10's hardware. The UI merges some Kindle- and Windows 8-esque features with things that are totally original -- like responsive design which allows the exact same OS and apps to run on a phone, tablet, TV or desktop. We certainly hope it generates interest -- not only among developers but also among device manufacturers who want to do more than just talk about differentiation.

Thirty days is just a tiny fraction of the two-year commitment you sign when buying discounted phones in the US -- one-twenty-fourth of the actual time you're stuck with the device before switching phones. For a reviewer like me, however, it's actually about twice as long as I typically spend with any given device as my daily driver. I'm halfway through my monthlong BlackBerry 10 experiment, which means this is the point at which I'm usually ready to move on to something new.

Strangely, I'm not feeling the same about the Z10 -- at least, not as much as I had expected. While I became accustomed to the user interface during the first week, my experiences during the second week were even more smooth and natural than before. That's great news as I prepare for my upcoming trip to Spain to cover Mobile World Congress (I leave tonight), since my habits as a power user will be amplified during my weeklong venture to the other side of the Atlantic. Phone-wise, what would normally be a minor frustration at home can become an emergency in other countries, so I spent this week putting the Z10 to the test. I wanted to make sure it's prepared for the rough and taxing journey the two of us will face in Barcelona. Venture across the break and I'll fill you in on some of the things I discovered.

Looking to save some coin on your tech purchases? Of course you are! In this round-up, we'll run down a list of the freshest frugal buys, hand-picked with the help of the folks at Slickdeals. You'll want to act fast, though, as many of these offerings won't stick around long.

Perhaps some online shopping is just what your Wednesday needs to make it worthwhile. In today's round of links, a 3D HDTV, wireless laser printer, prepaid smartphone and work-ready laptop all make the cut. Take a look at the other side of the break to see 'em all, with pricing and purchase links in tow.

Highlight, a location-based people discovery app that made a splash at last year's SxSW Interactive in Austin, TX, just released a big 1.5 update that adds photo-sharing and event-creation to its set of features. Sharing snapshots has a whiff of the Color app to it: whenever you take a picture of something, that photo will automatically appear on your friends' Highlight stream as long as they're in the vicinity. You can add captions, tag it with a name of the place, your friends' names, and share them to Facebook or Twitter. The pics will automatically be geotagged of course, but if you don't like sharing that info, you can remove the lat-long information afterward. However, it appears that untagging is not yet available, which is why the tagging is limited to just friends for now.

Creating events, on the other hand, is entirely different from what you might imagine. As opposed to planned invitations that you would create on eVite or Facebook, Highlight's Events are entirely spontaneous. You can only create an event "here and now" and the only people who are invited are those nearby (within a 250 meter radius or so). There isn't even a dedicated events tab; instead, you create or attend an event by tapping the map marker in the new post window. After you're done partying it up, the event will automatically end when people leave and stop posting due to the location and context-aware nature of the app.

BT TOWER BREAKS WORLD RECORD FOR PANORAMIC PHOTO
To see the gigapixel image and share your favourite views of London visit: www.btlondon2012.co.uk

An amazing image of London taken from the top of the BT Tower has set a new record for the world's largest panoramic photo. The image shows a full 360 degree view of London in incredible detail.
The 320 gigapixel image, taken by expert photography firm 360Cities, comprises 48,640 individual frames, using four, state of the art Canon EOS 7D cameras with EF 400mm f/2.8L IS II USM lenses and Extender EF 2x III teleconverters, provided by Canon. The cameras were driven by high end Rodeon VR Head ST robotic panorama heads, from the Clauss company in Germany. The individual images have been stitched into a single, gigantic panorama over a period of weeks by a powerful Celsius R920 workstation, provided by Fujitsu Technology Solutions Europe.

It is the first time that an image of this magnitude has ever been attempted, and it took several months to create due to the scale of the endeavour. If printed at normal photographic resolution, the BT Tower panorama would be 98 meters across and 24 meters tall, almost as big as Buckingham Palace. In comparison, the last record attempt for a London panorama was 80 gigapixels, taken from Centrepoint in 2010.
The images were taken after the end of London 2012, the first digital Games. Londoners, tourists and those who work in the capital are now being asked to share their favourite views of the capital, as a permanent record of London's year in the global spotlight.

We knew way back at CES that Qualcomm had a few lower-end chips up its sleeve, but now it's official: the Snapdragon 400 and 200 have been formally detailed in a company blog post thrown up today. Following in the footsteps of the high-end Snapdragon 800 and 600, these units are being aimed at "the mid-tier and entry level smartphone segments." The 400 options include dual Krait CPUs running at up to 1.7GHz per core, quad ARM Cortex-A7 CPUs humming along at up to 1.4GHz per core, and an Adreno 305 GPU. You'll also find support for TDSCDMA, DC-HSPA+ (42Mbps), 1x Advanced, W+G CDMA, and multi-SIM capabilities of Dual SIM, Dual Standby (DSDS) and Dual SIM, Dual Active (DSDA), as well as support for up 13.5 megapixel camera sensors, 1080p video capture / playback and Miracast wireless display tech. For the number nerds, Snapdragon 400 processors now include the following part numbers: 8226, 8626, 8230, 8630, 8930, 8030AB, 8230AB, 8630AB and 8930AB.

As for the 200, you'll get quad ARM Cortex-A5 CPUs at up to 1.4GHz per core, an Adreno 203 GPU, HD video playback, GPS, LPDDR2 RAM, multi-SIM support and the ability to handle up to 8 megapixel camera sensors. Snapdragon 200 processors now include the following part numbers: 8225Q, 8625Q. Unfortunately, pricing is being kept under wraps, and it seems that Qually is going to leave it to its wondrous partners to actually announce new hardware that'll be powered by its latest duo. With Mobile World Congress kicking off in a matter of days, something tells us you won't have to wait much longer for the nitty-gritty.