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Chinese startup EHang develops flying car, to be rolled out in 2018

Bloomberg A Chinese startup has developed a flying car that it plans to roll out as soon as next year. EHang Inc.’s E-184 drone can carry one passenger in its small cockpit, but the firm says it’s working on a model that can carry two. EHang’s CEO Hu Huazhi says they’ll be in operation as “taxi drones” in Dubai in ...

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Apple’s HomePod stays 3 years behind Amazon’s Echo

Bloomberg Apple Inc. audio engineers had been working on an early version of the HomePod speaker for about two years in 2014 when they were blindsided by the Echo, a smart speaker from Amazon.com Inc. with a voice-activated assistant named Alexa. The Apple engineers jokingly accused one another of leaking details of their project to Amazon, then bought Echos so ...

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Barclays, Lloyds dividends in focus in toughest stress test

Bloomberg UK banks are bracing themselves for their grades in the toughest round of stress tests yet, with the fate of their dividends and strategies at stake as the Bank of England models how the seven largest British lenders will cope in another crisis. On Tuesday the central bank will reveal how they fared in a scenario that includes sharp ...

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