Model A, the First Flying Car That Actually Drives Like a Car and Flies Like a Helicopter

It’s the only two-mode vehicle, says Alef Aeronautics, that handles the road like an automobile and hovers like an eVTOL. Commuters, imagine the possibilities. Alef’s electric Model A, priced at around $300,000, will be the only road-certified flying car that can do vertical takeoff and landings like electric-powered eVTOLs, including the Joby S4, Lilium Jet and Vertical Aerospace VX4. Santa Clara, California-based Alef recently introduced its two-passenger Model A, saying it would be on “pre-sale” for a deposit of $1,500 in the first quarter of next year. The company says the first deliveries will…

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Meet Dave & Buster’s New, Futuristic Revenue Stream

The entertainment chain is experimenting with automated checkout technology that’s been popularly championed by amazon. Dave & Buster’s has been trying to solve an age-old problem unique to its entertainment segment—how to increase food and beverage attachment for customers whose sole objective is to come in and just play games. And there are a lot of those guests. In the chain’s Q2, the company earned $311.4 million in amusements, good for a 66.5 per cent mix of overall revenue. That’s an increase from 60 per cent versus pre-COVID comparisons. At…

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The Metaverse Is Inevitable—but Not How Mark Zuckerberg Expects

In fact, it’s already been here for decades. Meta, the company formerly known as Facebook, is in… rough shape. Nearly a year after its much ballyhooed rebrand, the company’s stock plummeted an eye watering 57 percent. CEO Mark Zuckerberg lost roughly $70 billion of his net worth, making him just the 20th richest man in the world (cue the world’s smallest violin). The financial strain also forced the company to slash budgets across its workforce and freeze new hiring—even ones that were already accepted. Much of Meta’s woes can be pointed…

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