Virgin Hyperloop laid off more than 100 employees on Friday, the Financial Times first reported. The move will allow it to focus on cargo transport instead of passenger travel, the company said. The ...

Virgin Hyperloop came to be in June of 2014, promising to revolutionize transit with its concept of pressurized, high-speed pod travel. Now, over $400 million dollars in funding later, the company has ...

Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplanelike speeds, is shutting down, according to people familiar ...

The Hyperloop, a high-speed transportation concept born from the vision of entrepreneur Elon Musk, is gradually evolving from science fiction to reality. With several companies fiercely competing, the ...

Hyperloop technology is based on the principle of minimising physical and aerodynamic resistance to enable faster travel than ...

It has been almost a decade since Elon Musk floated the idea of hyperloop, a new mode of transportation that promises to move people and goods at the speed of airplanes while staying on the ground.