Virgin and The Boring Company Both Pursuing Hyperloops
Will Goodman, managing editor at Rockets are Cool, discusses The Boring Company securing a preliminary permit for its proposed New York to DC hyperloop.
We compare The Boring Company's hyperloop with Richard Branson's Hyperloop One, which recently received approval for an operational demonstration in India. Goodman talks about why Virgin's decision to pursue a hyperloop in another country may make things easier.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
