Democratic candidates take the stage together for the first time as they jockey for position in the race to take on President Trump in 2020.2020 Electionsread more
The issue over health insurance marked the first stark divide among the candidates, and sparked a heated back-and-forth between many of the candidates on stage.Politicsread more
In a strategy to draw attention away from Wednesday's Democratic debate, President Donald Trump's reelection campaign bought out YouTube's "masthead," the leading...2020 Electionsread more
Virginia Sen. Mark Warner breaks down the idea behind a bipartisan bill he introduced to provide more transparency in Big Tech.Technologyread more
The Federal Aviation Administration said on Wednesday that is has found an issue with the Boeing 737 Max that the manufacturer must address before it lifts the grounding...Airlinesread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
These attacks have given the public the opportunity to examine the problems associated with ransomware, where corporations -- not obligated to disclose these attacks -- have...Technologyread more
"As a private company we don't have the tools to make the Russian government stop," Facebook CEO Mark Zuckerberg said at the Aspen Ideas Conference on Wednesday. "We can...Technologyread more
Something unusual is happening in financial markets, and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Wi-Fi 6 will be the next-generation wireless standard. Along with 5G, it will represent the next big shift in connectivity and data, said Irving Tan, senior vice president and...Shaping the futureread more
Elon Musk's Boring Co. just landed its first paying customer — a contract to build a loop at the Las Vegas Convention Center.
The board of the Las Vegas Visitors and Convention Authority voted Wednesday to approve a $48.6 million contract with Musk's tunneling company. The loop would move people across 200 acres of conference space with two tunnels for vehicles and three stations, according to the contract. The agency expects construction to begin as early as September.
The authority is spending $1.4 billion to expand and renovate the convention center and sees the LVCC Loop as the kind of technology that helps attract meeting and convention business.
"The Boring Company looks forward to working with LVCC to build a safe, affordable and exciting transportation system in Las Vegas," the company said in a statement.
Las Vegas has other mass transit systems, including a monorail that travels along much of the Strip. But the company that operates the monorail went into bankruptcy in 2010, in part, because of low ticket sales.
The meeting and convention business is increasingly important for Las Vegas' bottom line. Of the 42 million visitors to the city last year, 6.6 million came for meetings. And they came during the weekdays, driving demand for dining, entertainment and gaming, according to data from the visitors and convention authority.
An efficient, high-speed people mover at the convention center might attract even more visitors. Proposals call for an underground loop that connects the entire Las Vegas Strip, McCarren International Airport, the new Raiders stadium and potentially even a route from Los Angeles to Las Vegas.
The Boring Company prides itself on significantly reducing the cost of tunneling, which can run as much as $1 billion per mile, by shrinking tunnel diameters and increasing the speed of the tunnel boring machines. It spent $10 million to roll out a mile-long test tunnel at its Hawthorne facilities in Los Angeles in December.
It's also working on projects in Los Angeles, Chicago and Maryland. Despite fanfare and optimism that accompanied the announcements in those locations, the projects have been stymied by layers of bureaucracy, opposition from neighbors and concerns that mega-tunnels come with a mega-price tag and mega-annoyance of massive projects, such as the Big Dig in Boston or the Second Avenue Subway in New York.
The convention authority plans to have the loop running in time for the Consumer Electronics Show in Las Vegas in January 2021. If it's completed, it would become The Boring Co.'s first commercially operating project.