Dyson-car, perhaps not so disruptive
Last year we wrote about Dyson’s plans to build electric cars. Now, unfortunately they have ended the project after having spent several hundred million pounds (of the planned >£2 billion) on development. The firm, headed by British inventor Sir James Dyson, said its engineers had developed a “fantastic electric car” but that it would not hit the roads because it was not “commercially viable”.
Dyson also said, “this is not the first project which has changed direction and it will not be the last”. This comment rings well with the company culture, where a lot of effort and money is put on R&D. And apparently, they have developed battery technology that “will benefit Dyson in a profound way” according to the founder. So, cars wasn’t the next disruption for Dyson, but rest assure there will surely be more!
Related article: Dyson has scrapped its electric car project
Netflix continues to grow despite increased competition
Netflix recently released its Q3 report and it shows a continued growth, adding almost 7 million subscribers to the service. Netflix argues that the increase in streaming competition won’t affect the growth in the long term since they already coexist with players like Amazon Prime and Hulu without declining growth. However, the big test will arise when Disney, Warner and Apple launch their streaming services as early as later this year.
Related article: Netflix grows to 158 million subscribers as Disney+ looms