Musk unveils Hyperloop concept August 12, 2013 AMERICAN entrepreneur Elon Musk last night set out details of what he believes will be the future of transport – an air-propelled pod sent through a low-friction tube suspended on pylons over California, going by the name of Hyperloop. Musk, the founder of Paypal and Tesla Motors, published an open source design of the concept, [...]
New York Report: BlackBerry and Apple keep US stocks sweet August 12, 2013 THE DOW and the S&P 500 indexes dipped slightly yesterday, extending losses from Wall Street’s worst week since June last week, but Apple and BlackBerry kept the Nasdaq index afloat. Trading volume was light, marking one of the five days this year with fewer than 5bn shares traded over a full session. Many traders are [...]
Tech guru Elon Musk gears up to unveil the fifth form of transport August 11, 2013 THE MAN behind Paypal and Tesla Motors is today due to publish designs for the world’s fastest rail service, named Hyperloop. Elon Musk has until now kept enthusiasts guessing about the details of his “fifth form of transport,” which could one day offer supersonic inter-city travel. The billionaire entrepreneur said in May that the idea [...]
New York Report: Microsoft’s rise helps lead US shares higher August 8, 2013 US stocks advanced yesterday, snapping a three-day losing skid as a rally in Microsoft helped lift the technology sector. The three major US stock indexes all managed to shake off early losses as Microsoft shares climbed. The stock closed up 2.6 per cent at $32.89 in heavy volume. The S&P information technology sector index rose [...]
Tesla share price up over 420 per cent in one year August 8, 2013 Shares in Californian motor company Tesla rose over 14 per cent this afternoon to over 153 cents (around 99p) after the company reported forecast-beating second quarter results. This latest increase means share prices in the company are up over 420 per cent in just one year. Tesla said its second quarter revenue was $405m, with [...]
What the other papers say this morning for 8 August 2013 August 7, 2013 FINANCIAL TIMES High-speed orbital rail for London A new high-speed “rail bagel” encircling London will become a priority for the capital as its population soars to 10m over the next 20 years, Boris Johnson’s transport adviser has said. Isabel Dedring, deputy mayor for transport at City Hall, said new light-rail and tram services – now [...]
CAR TALK May 8, 2012 Go “live” to win races If you’ve always dreamed of being a racing driver but your race-winning has remained stubbornly virtual, the fourth Nissan PlayStation GT Academy 2012 contest is now “live”. Entrants have eight weeks to complete eight PS3 Gran Turismo virtual driving contests. Shortlisted drivers ultimately get to undertake real-world driver training at [...]
CAR TALK July 19, 2011 PEUGEOT’S NEW FLAGSHIP Peugeot has shown its new flagship 508 RXH diesel-electric crossover ahead of its world premiere at the Frankfurt Motor Show in September. The four-wheel drive estate is powered by a 2.0-litre HYbrid4 drive unit which produces 200bhp and can be run in 100 per cent electric mode. Emissions are just 109g/km of [...]
A motoring show for Londoners June 7, 2011 As a car hack I have spent an awful lot of time at international motor shows over the years. Sure they can be hard work, they’re often very busy and can get too big to afford you a really good overview on what’s going on. Ideally, it’s good to see rival cars close together to [...]
Vive la difference March 8, 2011 DRIVING the Peugeot iOn is certainly unusual. Until now the only electric cars I have driven have been the excellent Tesla sports car that looks like a Lotus Elise, and the considerably less good G-Wiz which looks like Noddy built it on his weekends from a kit. These cars exist at opposite ends of the [...]