Larry Page-backed company unveils pilotless flying car
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This all-electric, two-person air taxi doesn't have a pilot. It takes off like a helicopter, flies at 90 miles an hour, and has a range of about 60 miles. It moves in a straight line and never has to stop at a traffic light. Its name is Cora. It was built by a start-up, Kitty Hawk, with backing from Google co-founder and Alphabet CEO Larry Page. Cora was tested in New Zealand, where Kitty Hawk hopes to make it commercial. Atmosphere Research Group's Henry Harteveldt says air taxis could be in the market in five to six years. "There's, clearly, a lot of testing that has to take place to make sure that the aircraft are safe. We need to make sure that the batteries, and other fuel sources, will be reliable and that, of course, the economics of the product work out well, so that either airlines taxi operators or consumers, whoever the target audiences are, can afford to buy them." Other companies working on their own air taxis include Uber, Airbus and a Chinese company EHang.
Museum features innovation that went nowhere fast
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Ahead of its time... Loser of a format war... A bad idea... And a game so bad that Atari reportedly buried thousands in the desert. These are some of the hundreds of famous product fiascos on display at the Museum of Failure, a new exhibition in Hollywood, a town known for its own share of flops. As innovation evolves into irrelevance, these items offer a glimpse back at how companies try to anticipate or catch up to rapidly changing consumer behaviors. "I really enjoy when I see people actually immerse themselves into the different objects here at the museum, and when they leave, saying 'I got a new perspective on failure, it's not that frightening." Many of these failed innovations precede great success. Take the Apple Newton. The first handheld smart device and predecessor of the Palm Pilot and eventually the smartphone. And then there's the laser disk, which came before the DVD frenzy. And perhaps some of the more recent failures might help predict the gadgets of the future.