Make way for the hundred dollar laptop of automobiles:
Tata Group Chief Ratan Tata told shareholders that the launch of the car would create a new paradigm in low-cost personal transport, carve out a new market segment and reach a broader base of the pyramid.
"The styling and designing of the car have been completed and prototypes are being tested in the plant. It will be a rear engine, 4-5 seat, four-door car with about a 30 horsepower engine," Tata said in the company's annual report for 2005-06.
The car will be launched in early 2008 and we believe it will be extremely attractive to the Indian consumer, particularly younger families, at a price level of about Rs one lakh, Tata said.
Link, via indianraj blog. One lakh rupees is 100,000 rupees, which is about $2100 in US dollars. (Thanks, Razib Ahmed)
Security researchers at Purdue and U. of Iowa confirm what many security experts have long feared: there are serious security weaknesses in 5G that undermine the promised security and privacy protections.
An unknown number of mobile phone users in America received weird texts on their phone on Wednesday.
The New York Times has been publishing a series of “Op-Eds From The Future,” giving fiction writers a chance to imagine our hellish circumstances to come.
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