“Build a better mousetrap and the world will beat a path to your door” is the often-quoted paraphrase of a Ralph Waldo Emerson passage. It is also the guiding principle for businesses — both large corporations and startups with only a handful of employees — who are hoping to strike gold in the ever-burgeoning tech industry.
Jeremie Watkins founded Kre8 Media Outdoor Advertising in 2012. The outdoor media advertising executive saw one of Shaun Habibian’s digital billboards and contacted him immediately. A year later, the two men were partners and on their way to building a mobile billboard company with 42 trucks and 202 employees based in a 25,000-square-foot warehouse at 4050 W. Harmon Ave.
It was a glimpse of what the future might hold. For the evolution of road transportation and the region’s economy. Faraday Future unveiled its heavily anticipated product model inside the Pavilion at the Las Vegas Market on Jan. 3. Several hundred invited guests, employees and media representatives witnessed the one-and-a-half-hour presentation to get a look at the FF 91, an upmarket electric car that has been a closely guarded secret and the subject of considerable speculation from the public and industry observers.
The 2017 Consumer Electronic Show brought another year of specialized gadgets, high-end televisions and drone technology to Las Vegas. But one aspect of the show’s platform ties these and other artifacts of the interconnected world together: cybersecurity. The show was slated to end Sunday, before press time, but we talked to the experts about what was planned for this year.
The latest technological product advances will be on display for more than 170,000 trade representatives and industry reporters during the four-day Consumer Electronics Show, which opens Jan. 5 at multiple locations in Las Vegas.
This year, the Las Vegas Business Press looks to the New Year by asking the valley’s industry leaders to give us their take on 2017 and identifying its greatest challenges. We heard from experts in various fields — banking and finance, the legal community, gaming, communications, retail and real estate. All are positive on the upcoming year and see a lot of growth potential and new projects. The most common challenges they saw to our economy in 2017 were: the local and national political climate, new home affordability, rising interest rates, changes in health care programs, workforce shortage, educational system and rising land and construction costs.
WaterStart, a Las Vegas-based nonprofit partnership of public- and private-sector organizations, is diligently working to diversify the Las Vegas economy, create job growth and provide answers to drought and water quality issues in Nevada. Its goal is for Las Vegas to become the Silicon Valley of water technology.
Nevada has been apportioned $22 million from the $4.7 billion trust fund that has been split by the EPA into two programs: a NOx emissions reduction program that has been allocated $2.7 billion and a zero-emission vehicle infrastructure program that has been allocated $2 billion.
Motorists driving select Audi vehicles in Southern Nevada are the first in the nation to use technology that allows drivers to see on their dashboards how long it will take the red light ahead to change to green.
The Faraday Future project is considered a cornerstone for the city’s long-term economic development, but work on the $1 billion electric vehicle manufacturing facility stalled in November with no clear indication when — or even if — it will resume.