Concept sketches of the Hyperloop passenger capsules; note the air intake noses. Tesla Motors The proposed design for the “Hyperloop, ” an ultra-fast transit system that would run between San Francisco and Los Angeles, was revealed today on Elon Musk’s Tesla Motors website. Musk, the founder of SpaceX and Tesla Motors, describes a system that moves pods under low pressure through a tube between the two cities following the I-5 freeway, all within a 56-page PDF document . The Hyperloop would consist of aluminum pods inside a set of two steel tubes, one for each direction of travel. These are connected at each terminus. The tubes would be positioned on top of pylons spaced 100 feet apart holding the tube 20 feet in the air, and the tube would be covered by solar arrays to generate its own power. Inside the tubes, the pods would carry people up to 760 miles per hour. The pods would each carry 28 passengers, departing every two minutes from either location (or every 30 seconds at peak times). So each pod would have about 23 miles between each other while traversing the tube. The transport capacity would therefore be about 840 passengers per hour. Read 15 remaining paragraphs | Comments
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Hyperloop—a theoretical, 760 mph transit system made of sun, air, and magnets
On Tuesday, the American mobile phone market took one step closer to looking a bit more like the European or Asian markets: free incoming calls, inexpensive outgoing calls, and a focus on data. A Canadian startup, TextNow , just launched a new mobile service in the United States. For $18.99 per month, you get 500MB of data, 750 rollover minutes, and unlimited texting and incoming calls. In the US, it’s the norm for both the sending and receiving parties to be charged for a call. But nearly everywhere else in the world, only the person who originated the call actually pays. “Incoming calls don’t really cost us that much, ” Derek Ting, the company’s CEO, told Ars. “Carriers charge you anyway because they can get away with it.” Read 5 remaining paragraphs | Comments
A Bitcoin startup based in Thailand now says that it has suspended all operations because the Bank of Thailand has effectively banned bitcoins in the southeast Asian country. As Bitcoin Co. Ltd. reports: At the conclusion of the meeting, senior members of the Foreign Exchange Administration and Policy Department advised that due to lack of existing applicable laws, capital controls, and the fact that Bitcoin straddles multiple financial facets the following Bitcoin activities are illegal in Thailand: – Buying bitcoins – Selling bitcoins – Buying any goods or services in exchange for bitcoins – Selling any goods or services for bitcoins – Sending bitcoins to anyone located outside of Thailand – Receiving bitcoins from anyone located outside of Thailand This appears to be the first time that any country has outright banned the digital crypto currency . Further, it remains unclear exactly how Thailand would even enforce such a ban. Ars has been unable to confirm the ban with the Bank of Thailand , when this ban goes into effect, and how this decision came about. Bank representatives did not immediately respond to Ars’ request for comment. Read 1 remaining paragraphs | Comments