Hyperloop Transportation Technologies plans French research center, Warner Bros. Interactive to develop Disney’s “Cars 3” game, and Faraday Future hit with another lawsuit for unpaid bills.
Hyperloop Transportation Technologies announced plans today to open a research and development center in Toulouse, France, reports the Business Journal. The El Segundo-based company is ramping up its operations after raising $30 million in December from EdgeWater Investments.
Warner Bros. Interactive has partnered with the Walt Disney Co. to develop a video game for the movie “Cars 3,” reports Venture Beat. When Disney last year shut down its video game development division, Avalanche Software, some of its workforce was hired by Warner Bros. Interactive.
Beleaguered car company Faraday Future was hit with a lawsuit by visual effects studio Mill Group for allegedly not paying for $1.8 million worth of work, reports TechCrunch. Faraday Future contracted the firm in August to develop car presentations with virtual reality, augmented reality and holographic components, but only paid the company $20,000, according to the suit.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Silicon Beach Report July 1: Hyperloop One Co-Founder Replaced
- Silicon Beach Report Aug. 31: SpaceX Pod Reaches 220 Miles Per Hour in Hyperloop
- Silicon Beach Report March 1: Forge Shifts San Francisco Headquarters to LA
- Silicon Beach Report Sept. 22: Hyperloop One Raised $85 Million at a Valuation of More Than $700 Million
- Silicon Beach Report Oct. 12: Hyperloop One Becomes ‘Virgin Hyperloop One’ with Investment from Virgin Group
- Hyperloop Transportation Technologies Partners With South Korea
- Hyperloop Transportation Technologies Plans French Research Center
- Faraday Future Finds New Chief Executive