Time Cloaks

According to OMG Facts, a time cloak has been created where it can make entire events invisible. Here's an excerpt:

"What the reporter meant was to create something that could deflect all the light beams influenced by the object to create a space where all information about an object disappears. Theoretical physicist Martin McCall proposed splitting a light beam into two segments moving at different speeds to create a disconnect."

So with the Invisibility Cloak created, Time Cloaks could be next. I'm sure they'd only cost about a bazillion dollars.