This week, Visa payment system and IBM announced launch of a large-scale project to combine "internet of things" (IoT), artificial intelligence and remote payments. The initiative is meant to allow consumers to pay for goods or services by means of any Internet-connected device, such as household appliances, automobiles, and so on. In the next five years, the joint project will enable payments...

Dutch PAL-V launched a pre-order campaign on the world's first flying car PAL-V Liberty, according to the company’s website. The tree-wheeled vehicle with blades not only goes on the roads, but also flies. The process of turning the car into an aircraft takes five to ten minutes, the manufacturer estimated. The mast with a propeller is set automatically, but the driver has to put forward tail and...

Crash tests of four cars conducted by Insurance Institute for Highway Safety (IIHS) showed that all four models - hybrid Chevrolet Volt and Toyota Prius Prime plus electric Tesla Model S and BMW i3 – are worth to give them a try. However, a minor number of the hybrid models’ parameters still showed greater reliability than their electric counterparts. Insurance Institute for Highway Safety (IIHS)...

LinkedIn founder Reid Hoffman and former owner of eBay Pierre Morad Omidyar sent $ 20 million for researches on protection from artificial intelligence (AI), reports The Guardian. The money went to a new fund called the Ethics and Governance of Artificial Intelligence Fund. "We need to get a guarantee that the AI will continue to exist for the good of society and to minimize damage", - Mr....

Faraday Future fired two top executives. Marco Mattiacci, ‎Global Chief Brand & Commercial Officer and Jörg Sommer, Vice President for Product Marketing and Growth left the US-Chinese start-up, reported The Verge. Mattiacci, former Head of Ferrari team in Formula 1 and executive at the Italian automaker's offices in North America and the Asia-Pacific region, has been with Faraday Future...

Google refused to fully develop its own unmanned car without a steering wheel and pedals, according to The Information. Instead, the company is looking forward to working with other automakers, and launch an autonomous service for joint use of cars by the end of 2017. Google has considered its own project impractical. According to the publication, Alphabet’s CEO Larry Page and Chief Financial...

In recent years, Luxembourg appeared on the world scene only with news about banking secrecy and dubious tax treaties. Now, however, this small European country is apparently pursuing a different glory of a pioneer in asteroid mining. The country has already invested 25 million euros (185 million kroons) in US company Planetary Resources through state fund SpaceResources. Planetary Resources is...

Next year, citizens of Germany will have an opportunity to take a ride on a hydrogen-powered train Coradia iLint, developed by French company Alstom. It is the world's first mass-produced hydrogen train able to cover long distances. Coradia iLint’s top is a base for a tank with hydrogen fuel, and a fuel power cell, which converts hydrogen energy into electric current. The train can reach speeds...

People choose different billing plans for their smartphones to send emails, chat on Facebook, and do many other things. But what about billing plans to communicate with drones? According to information of Wall Street Journal, Verizon may soon offer a new billing plans for owners of drones. According to the publication, the line of tariff plans will start with 1 GB of data for $ 25 per month....