Category Archives: Technology

Tesla’s solution to battery shortages is to build its own ‘giga factory’

Tesla‘s ambitious plans for turning electric vehicles into a mainstream mode of transportation will require more power. A lot more power, judging by the latest quarterly report from the company, which included comments from CEO Elon Musk about a potential battery factory that would be owned and operated by Tesla itself:

Old battery packs would be converted into new ones within this proposed facility, which Musk describes as a “giga factory” that would be comparable in size to “all lithium-ion production in the world.” So, the man that introduced us to the idea of the Hyperloop, who happens to dabble in commercial space flight on the side, now also wants to build the world’s largest battery factory as well.

via The Verge.

‘Smart Hearing Apps’ – a new frontier in mobile health

According to the World Health Organization (WHO), 360 million people globally and 38 million people in the U.S. suffer from some form of hearing loss. Nine out of 10 cases can be treated with technology.

Today, the retail market for hearing aids generates $5 billion in the U.S. and $12-15 billion globally, growing three to six percent per year. Two and a half million hearing aids are sold in the U.S. each year, at an average retail price of $3,000 per pair. And just six brands — Sonova, William Demant, Siemens, GN Store Nord, Starkey Technologies and Widex — account for 98 percent of the market.

via VentureBeat.

What Are America’s Biggest Tech Fears?

In a recent Halloween-themed telephone survey, Americans discussed their greatest technological fears–and it turns out that our neighbors worry about mundane (and surprisingly common) things. According to a survey from IT firm Modis, 50% of Americans are most afraid of their banking information being leaked without consent, while 22% worry about their email account being hacked.

By comparison, other concerns were more niche. Seven percent of Americans worried most about their social media account passwords being leaked without their consent, 5% worried about their private text messages being exposed to the world, and 3% were most concerned about their browser history being exposed.

Interestingly, 13% of 18- to 34-year-olds were most concerned about having their photos or videos publicized without their consent, a number that stays steady at 11% for 35- to 44-year-olds, but drops to 0 for 55- to 64-year-olds.

via Fast Company.