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Tech Brew Ride Home

Fri. 12/22 – The Hyperloop Is Dead

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, Technology, News

4.71K Ratings

🗓️ 22 December 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

The Hyperloop dream is dead. The attempt to bridge the iMessage divide is dead. China’s gaming industry isn’t dead, but it’s pretty wounded. The crazy story of that teenage hacker who leaked the GTA VI stuff. The weekend longreads suggestions, and at the very end, a unique look back at the evolution of the AI moment. Sponsors: Nutrafol.com/men code ridehome Links: The hyperloop is dead for real this time (The Verge) Beeper is giving up on its iMessage dream (The Verge) Apple’s Newest Headache: An App That Upended Its Control Over Messaging (NYTimes) Tencent Leads $80 Billion Rout as China Rekindles Crackdown Fear (Bloomberg) Lapsus$: GTA 6 hacker handed indefinite hospital order (BBC) Weekend Longreads Suggestions: The Race to Fill Crypto’s FTX-Shaped Hole (Wired) As the AI era begins, Reddit is leaning into its humanity (Fast Company) Tolkien Estate Wins Court Order to Destroy Fan’s ‘Lord of the Rings’ Sequel (NYTimes) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Right Home for Friday, December 22nd, 2023. I'm Brian McCullough today.

0:09.0

The Hyperloop Dream is Dead. The attempt to bridge the eye message divide is dead. China's gaming

0:14.7

industry isn't dead, but it's gotten a pretty significant flesh wound again.

0:19.1

The crazy story of that teenage hacker who leaked the Grand Theft Auto 6 stuff and the weekend long read suggestions

0:24.5

and at the very end a unique look back at the evolution of the AI moment.

0:28.9

Here's what she missed today in the world of tech.

0:34.6

The Hyperloop is dead.

0:36.8

Yes, sometimes even Elon Musk has a failed business venture, quoting the verge.

0:42.2

Hyperloop 1 is selling off its assets,

0:44.5

closing down its offices, and laying off employees.

0:46.9

It will formally close at the end of the year,

0:48.8

at which point all of its intellectual property

0:50.7

will shift to its majority stakeholder, Major Dubai Port Operator

0:54.0

DP World. Whoever buys the test track in the Nevada desert will have one hell of a slip and slide

0:59.9

if they want it. Since its founding in 2014 the company raised around 450

1:04.2

million dollars in venture capital funds and other investments. While there is

1:07.8

still a small smattering of startups trying to build hyperloops, the demise of one of the biggest hyperloop companies

1:14.3

signals the end of the dream that originated with Elon Musk's so-called Alpha Paper in 2013."

1:20.0

End quote.

1:21.0

Elon's vision was for a fifth mode of transportation involving sleek aerodynamic

1:27.0

aluminum capsules capable of transporting passengers or cargo at speeds of up to 760 miles

1:31.8

per hour through almost vacuum-like tubes.

...

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