Virgin Hyperloop displays future of mass transit system

Long white metal tubes sitting at the base of mountains in the desert just north of Las Vegas promise to one day revolutionize the mass transportation market. Virgin Hyperloop is one of the players in this industry. Richard Branson’s Virgin Group is developing the technology which will see passenger pods hurtling at speeds of up…

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Boeing Co and RAAF flight test world’s first pilotless fighter-like jet

On Tuesday, in a statement Boeing Co and the Royal Australian Air Force (RAAF) said, they had completed the first flight test on a pilotless fighter jet, designed to operate in conjunction with crewed aircraft. The fighter jet, dubbed as the “Loyal Wingman”, is the first military aircraft to be designed and manufactured in Australia…

Fixed fees on e-wallet transactions could spell trouble for digital payment processors in Indonesia

According to five sources familiar with Indonesia’s move, Jakarta plans on imposing fixed fees on select e-wallet transactions. The move could potential choke key revenue streams and raise costs for payment startups. Providers of e-wallet services in Indonesia, Southeast Asia’s largest economy, currently customize fees for vendors: while they charge a premium from big retailers…