Despite all the hype, some products simply fail to live up to their expectations – and there was no shortage of flops in recent months. Take a look at these 2012 market failures, which includes a Windows-based smartphone, an ultra-thin notebook intended to compete with the MacBook Air, and a 2012 Disney movie.
Watch as Elon Musk, SpaceX CEO/CTO gives a tour of the Spacex facility in Hawthorne, California. Space Exploration Technologies (SpaceX) designs, manufactures, and launches some of the world's most advanced rockets and spacecraft. The company was founded in 2002 by Elon Musk to revolutionize space transportation and ultimately make it possible for people to live on other planets.
The credit crisis that pushed economies around the world into a recession still has yet to fully play out. Blackhorse economist Richard Duncan says that credit needs to be restored to the global economy and that if the fiscal situation isn't resolved, the Unites States could fall into a deep recession next year.
It's the $30 billion deal that has been a long time coming: the proposed Glencore Xstrata merger has had digging deep to get the best price. Now, after better than expected results, Glencore, which supplies raw materials such as oil and copper, has said it could walk away from the deal for a year or two.
Wind turbines and solar power are growing sources of global energy, but one of their greatest limitations is the inability to generate power when the wind isn't blowing or the sun isn't shining. Startup Liquid Metal Battery is developing a low-cost battery they say will store wind or solar electricity for when there's no wind or sun.
You always hear that concept cars never make it into production, but here's one that actually will. The Lamborghini Sesto Elemento is almost completely carbon fiber, can go 0-60 in 2.4 seconds, and will cost over $2 million. The company is only going to produce twenty Elementos, and this car is strictly track only--you won't be able drive this one on the street.
Once-mighty Sharp is loaded in debt and hemorrhaging money.
Most people instinctively avoid conflict, but as Margaret Heffernan shows us, good disagreement is central to progress.
NASA engineers talk about developing and testing a next-generation rover designed to support humans on other worlds.
A Silicon Valley startup plans to revolutionize the mobile device industry with its morphing button technology.
A team of students is developing a bomb-deactivating robot that responds to human muscle movement.
The new test by the Insurance Institute for Highway Safety better simulates more realistic crashes.
While most old mobile phones end up in landfills, increasingly they end up in the hands of eRecycling Corps.
Lawrence Ingrassia and Louise Story discuss the migration of Nissan jobs to the United States.
Fire protection engineer Derek Duval talks about key revisions to combustible dust safety standards.
Microsoft's testing a new gesture control for computers that uses sound waves from laptop speakers.
The Japanese car-maker launched a new taxi that promises to be competitive in price and more environmentally friendly than other taxis.
Piper Jaffray's Gene Munster says Apple should eventually give its entire $117B cash stockpile to shareholders.
Bob Orr reports how every day, U.S. government and private computer systems are being probed by cyber thieves.