NASA jumpstarts the electric airplane industry with ultra-efficient flights – 400 mpg

This story is a bit old (October 2011), but in light of Chip Yates project to create the first all-electric transatlantic flight, is worth reading about:   NASA has awarded the largest prize in aviation history, created to inspire the development of more fuel-efficient aircraft and spark the start of a new electric airplane industry. …

President, Congress pass bill to allow venture capital funding via crowd sourcing

Earlier this month, President Obama sign the JOBS bill into law with strong bipartisan support, and no this isn’t the one you’re thinking of. This one is designed specifically for funding start-ups with a particular focus on crowd funding (i.e. Kickstarter). Explained by author and professor, Jeff Jarvis: The JOBS bill being signed by President Obama today …