4/30/2017

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US entrepreneur Elon Musk has outlined his vision for a tunnel network under Los Angeles and shown how it might work.Mr Musk also told the Ted (Technology, Entertainment and Design) conference he planned fully autonomous journeys across the US by the end of the year.He spoke about how he wanted solar-powered roof tiles to be standard on "every home" within 50 years.And he explained why he is committed to sending a rocket to Mars.In a wide-ranging...

4/29/2017

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A British inventor, who built an Iron Man-style flight suit, has flown it at the Ted (Technology, Entertainment and Design) conference in Vancouver.Richard Browning's short flight took place outside the Vancouver Convention Centre in front of a large crowd.Since he posted the video of his maiden flight in the UK, Mr Browning has had huge interest in his flying suit.But he insists the project remains "a bit of fun" and is unlikely to become a mainstream...

4/27/2017

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BEIJING (Reuters) - Didi Chuxing, China's top ride-hailing firm, is set to raise a $5 billion funding round that values the company at about $50 billion.Investors in the round include Softbank Group Corp, Silver Lake Partners, China Merchants Bank and Bank of Communications, according to a person familiar with the matter.Didi was last valued at $34 billion in August when it agreed to acquire Uber Technology Inc's China business following a drawn-out...
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