Fuel-electric hybrid air car wants to take flight, needs funding to do it

It’s a bird, it’s a plane, it’s a… fuel-electric hybrid air car? Well, yes actually, but right now it’s more ready-to-go concept than airborne reality. This brainchild of Trek Aerospace designer Michael Moshier and test-pilot Robert Bulaga employs the same ducted-fan tech the duo used in their DARPA-funded, NASA design-assisted, Popular Science ‘Invention of the Year’ winning SoloTrek. Like its predecessor, this hybrid air car is ideal for those close-quartered take-off and landing situations thanks to its enclosed propulsion system — good news for birds, trees and even human heads everywhere. Though still in the design phase, the pair hopes a generous round of funding will propel this 1960s Jetsons promise into a world-class fleet. While we can’t see the DMV rushing to approve licenses of this sort for the common joe, the copter-car should prove beneficial in roadless third-world nations, and maybe even lend a covered-propeller hand to first-world emergency service units. Pay attention billionaires of the world, this flying car’s got your bank account written all over it. PR for the deep-pocketed after the break.

[Image credit via Michael Moshier/Robert Bulaga]

Continue reading Fuel-electric hybrid air car wants to take flight, needs funding to do it

Fuel-electric hybrid air car wants to take flight, needs funding to do it originally appeared on Engadget on Thu, 30 Jun 2011 13:25:00 EDT. Please see our terms for use of feeds.

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HTC Eternity leaked: 1.5GHz processor, 4.7-inch display, front-facing camera

As the world runs short on snarky phone titles (and in fact, starts using a couple of the gems on more than one occasion), we’re left to overlook the moniker here while focusing on what’s important: that display. In fact, the 4.7-inch WVGA Super LCD shown here actually does seem to extend on for Eternity, and if HTC Inside‘s leak pans out, we could be looking at the world’s next WP7 superphone. It’s bruited that this fellow will be shipping with a single-core 1.5GHz processor, 8 megapixel camera (autofocus, dual LED flash), a 720p movie mode, front-facing 1.3 megapixel camera, 16GB of storage, DLNA support, Bluetooth, WiFi, GPS and a 1,650mAh battery. That’s a pretty startling list of features, and savvy Windows Phone followers will recognize that the Mango update will indeed be necessary before that front-facing shooter becomes useful. Needless to say, we’ll be keeping an ear to the ground for more, as essentials like price and release have thus far eluded us.

HTC Eternity leaked: 1.5GHz processor, 4.7-inch display, front-facing camera originally appeared on Engadget on Thu, 30 Jun 2011 09:59:00 EDT. Please see our terms for use of feeds.

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MySpace cost Murdoch at least $1B

Ars Technica’s Anders Bylund does some guesstimating about the total losses incurred by Newscorp in their purchase of MySpace, coming up with a figure of at least $1B, including operating losses since the acquisition.


So all things considered, MySpace has cost Murdoch’s empire something like $1.3 billion. Even if my assumptions are way off, the final cost can’t be less than $1 billion. That fiasco isn’t putting Murdoch out of business: News Corp turned a $2.9 billion dollar profit in the last four quarters and generated $2.2 billion in free cash flow, for example. But it still stings as Murdoch’s dreams of an end-to-end interactive media empire falls apart. And his shareholders have been trailing the broader market as well as rivals Viacom and Disney over those five painful years.

Doing the math on News Corp.’s disastrous MySpace years