The Hyperloop Is Actually Happening | Crunch Report


Hyperloop is a go, London gives Uber some
regulatory love, Deezer shall never die, and we’re live from Davos! It’s Wednesday January 20th and this is Crunch
Report. Willkommen in Davos, Schweiz! TechCrunch is
here covering the annual World Economic Forum for the very first time, and boy is it a treat
to be among the rich and powerful. It’s also very cold! Onto some news that’s abuzz
here in Davos….Elon Musk’s Hyperloop is a real thing, and now underway in Quay Valley,
California. Reminder that the Hyperloop is a vacuum tube to literally shoot passengers
at 800 mph from San Francisco to Los Angeles in under 30 minutes… about 6 hours shorter
than it would be to drive. Hyperloop Transportation Technologies (HTT) announced plans for a 5-mile
test track late last year, and is now set to break ground on an initial framework. Now
Elon Musk is already CEO of both Tesla and SpaceX, so Hyperloop has its own CEO, Dirk
Ahlborn, who’s put together a team of volunteer engineers and scientists from places like
NASA and Boeing, and offered equity in the company instead of pay for at least 10 hours
of work each week. Now, this Hyperloop system is completely bonkers in that it’s designed
to travel faster than the speed of sound at a potential 760 mph, and also more cheaply
than other proposed railway projects. HTT bought land last year in Quay Valley, which
is halfway between San Francisco and LA, to begin initial construction. As for what a
Hyperloop ride might cost, the company is thinking ahead – such as Built-in Augmented
reality screens that could help monetize with digital advertising to a captive audience
for short bursts as passengers shoot from city to city. By the way, another startup
working on the Hyperloop is called Hyperloop Technologies, and laying out its own track
in the central valley of California as well. Big win for Uber in London today – the city’s
transport regulator -TFL – is making things easier for private hire vehicles and dropping
a bunch of measures that would have impacted Uber’s business. Specifically, TFL is abandoning
a proposal to outlaw displays of real-time location of a car for hire within an app;
and an imposed minimum five-minute wait period between ordering and obtaining a ride; and
a requirement that operators offer the ability to pre-book a ride up to seven days in advance.
Unsurprisingly, Uber lobbied against all these measures with a petition that got over 200,000
signatures. Uber’s UK Regional General Manager Jo Bertram called the outcome “a victory
for common sense”, and added: “We’re pleased Transport for London has listened
to the views of passengers and drivers, dropping the bonkers ideas proposed last year like
compulsory five minute wait times and banning showing cars in apps.” It’s an interesting time to be a streaming
music service. Apple Music launched last year, while Rdio shut down. Spotify still has the
biggest user base and name branding. And Deezer, the Paris-based streaming service with 6.3
million users that cancelled an IPO last year, just got more funding.. the company announced
today it’s raised another €100 million euros (or $109 million dollars), led by Warner Music
Group owner Access Industries and French carrier Orange. Deezer says the money will go toward
“operation and execution”: to grow its userbase in the 180 countries where Deezer
operates… Deezer’s also expanded its catalog to 40 million songs… that’s more than Spotify’s
“over 30 million” claim. Now, Deezer isn’t profitable, but CEO Holger Albrecht explains
the company could turn very fast into profitability if it spent less on marketing and customer
acquisition. Deezer isn’t disclosing its valuation with this round or giving any updates on its
user numbers, but if it had IPO’d it would have been valued somewhere between $1 billion
to $1.24 billion. Hey, on the subject of streaming music, Spotify
just acquired two companies! Cord Project based in New York, and Soundwave based in
Dublin. Both focus on social features and messaging… although Cord Project says voice
messaging, which is one of its core products, is not part of where Spotify is going.. at
least not yet. Spotify already has a messaging feature, but what Soundwave and Cord Project
will bring to the company are actual teams that that already build ways to insert communications
into platforms don’t necessarily do that well already. Spotify also has 75 million users…
some of whom might pay for messaging feature… say, in a premium tiers. Microsoft’s Satya Nadella is in the giving
spirit! The company’s CEO has announced a $1 billion donation in Microsoft Cloud services
to a total of 70,000 nonprofits over the next three years….Cloud platforms like Azure,
Office 365, PowerBI and CRM. Microsoft is also expanding free access to Azure storage
and computing resources for university researchers… that covers about 600 research programs. The
company plans to combine access to these services with “investments in new, low-cost last-mile
Internet access technologies and community training” … that sounds like jargon, but
it means things like using TV white space for internet access in Africa. And Microsoft
says it wants to support at least 20 similar projects in 15 countries by the end of 2017.
This all sounds great, but it’s also clearly designed to get folks using Microsoft products,
even after the donation periods end. That’s the report for today. I’m Sarah
Lane. This episode was presented by GO90. Crunch Report airs every weekday at 7 pm Eastern,
4 pm Pacific, on Techcrunch.com. You can also find us on iTunes, and on YouTube. See you
tomorrow!

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14 thoughts on “The Hyperloop Is Actually Happening | Crunch Report

  1. I think this is green screen i'll see you anymore snow on her nobody notices her I don't see any steem from her breath

  2. You can build a  hyperloop enclosed  test  site ,but you need the expensive magnetic levitation train from Germany or Japan.Jiaotong University in Chengdu using government unlimited funds (20 billion dollars) to test and patent a low cost small magnetic levitation train in a hyperloop sytem at 1,000 km/hr.CRCC will build a larger magnetic levitation train in a hyperloop system for travelling  and hauling goods between cities at the designed speed of 2,500 km/hr.China has two new magnetic lines ,one in Changsha,the S1 red line in Beijing and is building 10 in Wuhan,Quindoa,Dalian,Tianjin,Shenzhen,Xian,Hangzhou,Guangzhou,Urumqi and Chongqing.

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