United States
Elon Musk’s Hyperloop Project Getting Implemented
Elon Musk has shared a brainchild for travelling from one city to another with extraordinary speed through a hyperloop in 2013. The plan is now getting implemented at Quay Valley in California. If the project becomes commercially viable, people will get an opportunity to travel at 800 MPH subject to getting approval from the government authorities.
The Koch Brothers Raises $10 Million Lobbying Fund A Year For Withdrawal Of Subsidies in EV
Electric Vehicle (EV) purchasers enjoy different sorts of benefits from the federal and state governments. Irked with the subsidies, the Koch Brothers have dedicated a fund for lobbying in pulling back the subsidies for EVs. Tesla Motors CEO, Elon Musk has however, protested the news ignoring the fact that his comparison may be treated as ‘Apple to Apple’ or ‘Apple to Orange’.
Kabam Lay Off 8% of Workforce, Focus on Multiplayer Games
San Fransisco-based Kabam will lay off its workforce. The mobile game studio will focus on its most popular multiplayer games such as Marvel Contest of Champions and Star Wars: Uprising.
Fenox Venture Capital Firm pays backwages, defends Internship Program as source to recruit fresh talents
Fenox Venture Capital has been ordered by the Department of Labour to pay over $300,000 as back wages for workers, wrongfully named as interns. The company promised to avoid such practices in the future.




