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First flight completed by Virgin Hyperloop with real passengers

Nov 9 2020 Share

On Sunday in Las Vegas, Virgin Hyperloop took the first ride on its test track, but it will be years until the public can actually take a high-speed ride on a hyperloop. 

A hyperloop is an unproven method of transport in which individuals ride at speeds as high as 600 mph in a car in a vacuum tube. Magnetic levitation is part of the Virgin system, much like that used in advanced high-speed rail projects in Japan and Germany.

Magnetic levitation raises a rail car over a track, as the magnets drive the train upward like poles. As the poles repel and drive the train forward, the magnets also propel the train, and the opposite poles attract and drag the train forward. Since the 1970s, magnetic levitation has been used on several train systems.

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The fashion brand Supreme was bought by VF, that owns Vans, Timberland, and North Face, for $2.1 billion

Nov 9 2020 Share

VF is purchasing the fashion brand Supreme for $2.1 billion, the US apparel firm reported Monday. 

The businesses expect the contract to be concluded by the end of 2020. In the 2022 fiscal year, VF expects Supreme to contribute at least $500 million of revenue, it said. 

The deal also ensures that Supreme’s streetwear brand will be able to access the global supply chain, international channels, digital features, and customer awareness of VF, it said.

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Coronavirus: US cases pass 10M with 239,000 deaths recorded

Nov 9 2020 Share

According to the recent reports, over 10 million individuals have now been diagnosed with Covid-19 in the US. The alarming mark was reached as the number of cases hit 50 million worldwide. 

More than 239,000 deaths have now been confirmed in the US. Over the last 10 days, more than 1 million confirmed cases of the virus have been reported in the US alone. 

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Zoom stock price plummets as new vaccine is announced

Nov 9 2020 Share

Zoom Video Communications have been doing pretty good for the last couple of months with the COVID-19 pandemic ramping up stock price and generating millions of new users worldwide.

However, that could be coming to an end very soon as the company’s share price has fallen following the announcement of Pfizer and BioNTech’s 90% effective vaccine. 

The company’s stock dropped 15 percent in pre-market trading and looks to be dropping more and the situation develops.

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