6 Stories

Hitachi Planning 45mph Elevators

Lifts will be world's fastest, company says

(Newser) - Elevators planned for a Chinese skyscraper will be the fastest in the world, traveling at 44.7mph. How fast is that, in building terms? Well, the two Hitachi elevators will cover 95 floors in 43 seconds, Businessweek reports. They'll be housed in the 1,738-foot Guangzhou CTF Finance Center,... More »

New Tech Ditches the Remote Control

Consumer Electronics Show previews Project Natal, Hitachi TVs

(Newser) - Losing your remote control will soon be a thing of the past, thanks to new technology that embraces motion control, making it possible to channel surf with your hands. Hitachi televisions, for example, will allow you to change the channel by twisting your wrist, the New York Times reports. Microsoft’... More »

Live With It: Retirement Must Shrink

Longer lifespans, older population mean quitting age has to rise

(Newser) - With people living longer and having fewer children in developed countries, the population is aging even as the workforce shrinks. And with retirement ages in the 60s, retirees are living longer on pensions. Those demographic shifts make a policy shift inevitable: we’re all going to have to work longer,... More »

Panasonic Cuts 15,000 Jobs

Company cuts 15,000 jobs, closes 27 plants as it restructures

(Newser) - A strong yen and softening consumer demand is prompting Panasonic to cut 15,000 jobs, close 27 plants, and restructure as it struggles to withstand burgeoning losses, reports the Wall Street Journal. The electronics company last quarter posted a $707.2 million net loss, and experts expect the downward trend... More »

New ID System Scans Finger's Veins, Not Prints

Hitachi system is faster, more secure than fingerprinting, retinal scans

(Newser) - A new technology that scans finger veins to authenticate identity claims to be quicker and more reliable than fingerprinting, retinal scans, or facial recognition, the Times of London reports. Japanese company Hitachi's system shines infrared light through the network of capillaries in the index finger, capturing a unique 3D “... More »

Electronics Giants Join Forces

Panasonic, Hitachi, and Canon announce tie-up

(Newser) - Hitachi, Canon, and Panasonic have announced plans to work to together in moving flat-panel display technology forward, PC World reports. Competition is heating up in the industry, and the companies hope the alliance will accelerate development time. The firms will work together on LCD displays and organic light emitting diode... More »

6 Stories