Uber Paid Hackers $100K to Delete Stolen Data and Stay Quiet

Posted on November 22, 2017 by editor

Uber_autonomous_vehicle_prototype_testing_in_San_FranciscoUber concealed data breach for a year and paid hackers $100,000 to delete stolen personal data on 57 million people.
Hackers have stolen the personal data of drivers and customers from Uber Technologies Inc., a massive breach that the company concealed for more than a year.  Continue reading →

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Airline Wants to Weigh Travelers Before They Board the Plane

Posted on November 4, 2017 by editor

Bathroom_ScalePassengers at Helsinki airport flying with Finnair, the national airline, have been asked to step onto weighing scales before boarding.
Finland airline is conducting a voluntary weigh-in. Passengers’ names are not included in the data, the company claims.
it needs about 2,000 travelers to get an accurate read on passenger weights and their carry-on bags.
Finnair is looking for 2,000 travelers to get an accurate read on passenger weights and their carry-on bags. The aim is to verify the accuracy of figures the carrier uses to estimate a plane’s total weight. Continue reading →

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Tesla to Build Manufacturing Plant in Shanghai

Posted on October 31, 2017 by editor

14_Tesla_Model_STesla is planning to build a factory in Shanghai to help bring costs down.

Tesla Motors is in discussions to establish its first factory in China. CEO Elon Musk said two years ago that a factory in the country could cut the price of electric cars sold in China by a third.

In a statement last week, Tesla Motors said it is planning to set up more overseas factories to make electric cars that customers could afford. Such a factory is a must in China, which charges steep tariffs for imported cars.

Continue reading →

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Richard Branson Invests in Hyperloop One

Posted on October 21, 2017 by editor

Hyperloop_Cheetah_capsule_in_tube_02Sir Richard Branson invests in the US company developing vehicles that will run at supersonic speeds.
After a major investment from Richard Branson’s company, the Hyperloop One transport company has changed its name into Virgin Hyperloop One. The exact investment figure invested by Virgin Group has not been released. However, last month Hyperloop One received an additional $85 million through fundraising. The company’s total funding was brought to $245 million. Virgin Hyperloop One has now been valued at $700 million.

The story continues here.

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Putin Says He Would Drive a Tesla

Posted on October 8, 2017 by editor

Lada_Vesta_ConceptRussian President Vladimir Putin said he could see himself buying a Tesla, though he thinks cars that run on gas are better for saving the planet.

Putin, whose homeland is one of the biggest oil producers in the world, said Wednesday he would be interested in driving a Tesla. The Russian President was speaking during an energy forum in Moscow. Putin said he had tried driving various foreign electric cars and that it is not all carts and tanks that people drive in his country. Continue reading →

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A Rocket Will Get You Anywhere on Earth in an Hour

Posted on October 2, 2017 by editor

800px-Clouds_over_AfricaThe vehicle would both take off and land vertically, just like a space rocket. It would fly New York to Tokyo and any other routes in about 30 minutes or at least under an hour.

The billionaire innovator unveiled his plans for his rocket at a presentation Friday in Australia. The rocket is named BFR and would also be able to carry satellites to orbit, people and cargo to the International Space Station. In addition, the rocket would complete missions to the Moon and Mars, according to Musk. The vehicle would contain 40 cabins and would be able to carry roughly 100 people at a time. Continue reading →

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Lockheed Martin Unveils Reusable Crewed Mars Lander

Posted on October 1, 2017 by editor

Mars_23_aug_2003_hubbleFully reusable crewed Martian lander was unveiled Friday by Lockheed Martin at this year’s International Astronautical Congress in Adelaide, Australia.
The water-powered lander, single stage and fully reusable, will allow humans to explore Mars from an orbiting ‘base camp’ in the 2030s.
The lander is Lockheed Martin’s vision for what may come after NASA’s Deep Space Gateway mission to test habitable orbital environments. The mission starts in the early 2020s. The completely reusable lander could both land and lift off, according to Robert Chambers, a senior systems engineer at the US defense giant Lockheed Martin, helping to lead the Mars Base Camp project. Continue reading →

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Volkswagen ‘s Dieselgate Bill Hits Another $30 bln

Posted on October 1, 2017 by editor

800px-VW_Jetta_V_–_Frontansicht_6._Mai_2011_VelbertVolkswagen is taking further $3 billion charges to fix diesel engines.
Volkswagen was hit with another $3bn charge over Dieselgate scandal lifting the total damages to the carmaker from the emissions scandal to around $30 billion.
Last year, VW signed an agreement with U.S. authorities to spend up to $15.3 billion to get up to 475,000 2.0-litre polluting diesel cars off U.S. roads and to buy back or fix emissions-cheating diesel vehicles. Continue reading →

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Tesla Working With AMD to Develop A.I. Chip for Self-Driving Cars

Posted on September 24, 2017 by editor

800px-Tesla_Model_S_digital_panelsTesla is getting closer to having its own A.I. chip to handle autonomous driving tasks in its cars.
The EV- maker is working with AMD to develop its own A.I. chip for autonomous cars, according to a source familiar with the matter.
It isn’t a secret that Tesla always wanted to build an in-house artificial intelligence chip to handle autonomous functions of its cars. The electric carmaker is closer than ever to reaching that goal with help from Advanced Micro Devices Inc. Tesla is reportedly developing such a chip on top of technology from AMD and is even working with Global Foundries, an AMD spin-off and chip fabricator. Continue reading →

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The US House to Vote on Self-Driving Car Legislation Next Week

Posted on September 3, 2017 by editor

nissan selfdriveCongress will vote on the first federal laws for self-driving cars Wednesday.
The U.S. House of Representatives will vote next week on a bill to speed the deployment of self-driving cars and stop states from banning fully-autonomous vehicles, according to congressional aides. Continue reading →

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