Market Reality: Immersv Closes Funding Round While Lampix Completes Coin Offering
This week, two companies looking to capitalize on the growing augmented reality industry, raised funding from starkly different sources.
This week, two companies looking to capitalize on the growing augmented reality industry, raised funding from starkly different sources.
As more companies begin adopting augmented reality in the workplace, providers like Vuzix reap the benefits.
A report by PwC highlights that immersive experiences in augmented and virtual reality represent the fastest growing segment of the entertainment and media industry over the next six years. News from two companies working in the industry, Fox and NetDragon, underscore the growth forecast.
Toyota is testing blockchain and distributed ledger technology (BC/DL) for data sharing for driverless cars and other applications. This could eventually reassure buyers of its upcoming high-end cars by making sure their sensitive data is secure.
Baidu's self-driving car unit has had a tough week. Today, the company's leading artificial intelligence (AI) expert, Andrew Ng, announced in an optimistic blog post that he would be leaving the Chinese search engine company to pursue AI research on his own.
Welcome back, my hacker novitiates!
Although this century is still young, with little fanfare we may have just witnessed the "Hack of the Century." AV software developer Kaspersky of Russia recently announced that they found that some hackers have stolen over $1 billion from banks around the world!
Investing is like exercise—we all know we should be doing more of it, but we often just can't find the time. I mean, really, who's got the hours, inclination, and skill to pour through volumes of data and put together a balanced yet sophisticated portfolio of investment vehicles tailored specifically to optimize their returns while mitigating potential risks. Not me, that's for sure.
Has you rent check bounced again for no apparent reason? It happens to everyone, but if you're roommate needs the money fast, you need to fix it fast, and wire transfers are the fastest way to give money to someone else. Executing a wire transfer is as easy as making one phone call.
Forex— what is it? Any investor could tell you a complicated description of what Forex is, but the basics of the FX currency markets is— an over-the-counter financial market for trading currencies. The foreign currency exchange market has no central exchanges like the stock market and little regulatory oversight. With this beginner’s guide, learn the trading basics.
There's nothing more disappointing than finding yourself all packed and ready to travel when you find your flight has been canceled. You can make the best of the situation by finding out just what you are entitled to or how to best ameliorate the situation.
A rocket stove is a "rocket" combustion approach to preparing meals, which provides high combustion efficiency and efficient heat transfer to the cooking pot. Research suggests (through practical experience) that by using a rocket stove, you could save at least 50% of fuelwood, which is a significant savings for anyone's financial situation.
Microsoft Excel is one of the most powerful programs for modern businesses. By allowing you to manage, sort, and analyze large collections of data, Excel provides an essential service for any company interested in using the power of data science to its advantage.
One of the most prestigious annual events for the advertising industry, the Cannes Lions is the ideal backdrop for Snapchat to show the brands and agencies in attendance what it's got.
Despite the recent gut punch of staff layoffs, Canada-based smartglasses startup North and its Focals are likely to be in the game for a while longer.
Flying under the radar during Magic Leap's big week at the Game Developers Conference, the company settled a potentially ugly lawsuit with a former employee.
As the Notorious B.I.G. once said, via his hit single, "Mo Money, Mo Problems." However, it would appear that Magic Leap feels a bit differently about piling on the cash.
Harry Potter fans can set down their wands for a spell, as the highly-anticipated augmented reality game from Niantic based on the franchise won't arrive until after July at the earliest.
While Snap's third quarter financial reports disappointed Wall Street, China's Tencent took the opportunity to expand its investment in the social media company.
From all the demos we've seen, we know for sure that the marketing world is going to change drastically thanks to Apple's ARKit.
What began as a highly successful Kickstarter campaign has all but ended, according to an updated report by Polygon. CastAR, comprised of a few people from Valve's former research and hacking arm, has released a large portion of their team. Only a small core of the group remains, trying to sell the technology they have created.
Yes, you read that headline correctly. Spotify now has 140 million monthly active users, which is up from the 126 million users on the streaming service last year. (If you're wondering, Mexico's population is currently 127 million.)
With many of the companies working in augmented and mixed reality focused on the Augmented World Expo, the finance side of the industry has been relatively quiet.
We've heard a lot about self-driving taxis, as car and ride-sharing companies compete to win the driverless gold rush. But FedEx wants to bring its enterprise into the mix, as the head of its freight division has asked the US government to develop laws for self-driving trucks.
All you paying Spotify users are about to get another exclusive privilege besides getting out of all those annoying "Ever wonder what it would be like to have Spotify premium?" ads. The Sweden-based company is looking to lower the royalty fees they have to pay to major record labels for their music, by compromising on their policy that all their music be free to paying and nonpaying users. Spotify would for a limited time restrict access on major album releases to their paying subscribers.
The force is strong with this project. Colin Furze is a British YouTuber who is a self-proclaimed "garage inventor and video maker." In a recent collaboration with eBay, Furze created the "ultimate Star Wars project," an 18-feet-tall playhouse version of the AT-ACT from Rogue One: A Star Wars Story.
Facebook Messenger is getting ready to roll out a Snapchat-esque feature that will let users send messages that self-destruct after a certain amount of time, so you'll have an extra level of security when you need to send sensitive financial information or, more likely, risqué texts or images.
Researchers have discovered a "severe vulnerability" that allows attackers to use eBay to distribute malware, and the online auction company has no plans to fix the problem.
While websites may run smoothly without any noticeable vulnerabilities, there's always the looming threat that any background weakness in the site can be exploited by hackers. Once a site is compromised, it can be difficult to get it fixed without the proper help. Google has recently launched a new series entitled "Webmasters help for hacked sites”, which teaches web developers and site owners how to avoid getting hacked and how to recover their website if it gets compromised in any way.
Systm is the Do It Yourself show designed for the common geek who wants to quickly and easily learn how to dive into the latest and hottest tech projects. We will help you avoid pitfalls and get your project up and running fast. Search Systm on WonderHowTo for more DIY episodes from this Revision3 show.
The video shows you how to calculate capital budgeting with a Texas Instruments BA2+ financial calculator. Capital budgeting will help you determine cash flows for given investments for a certain number of years in the future, thus helping you determine if the investment is worthwhile. The buttons you will use are the CF (cashflows) button, the NPV (net present value) button, and the IRR (internal rate of return) button. The video uses the example of a $10,000 investment that will return $5,0...
Navigating a pandemic is new for everybody, which makes staying on top of your finances more important than ever. Fortunately, financial freedom is possible when you focus on budgeting and investing wisely.
We may or may not see Apple's long-awaited take on AR smartglasses this year, but the company is more than getting its practice swings in with its current wearables business, which hit record revenue in 2019 according to financial results released this week.
Investment in augmented reality remained robust in 2019. For the third consecutive year, we looked back on the biggest funding deals in the AR industry this week, and a familiar name came out on top.
They say it is always darkest before the dawn. If that's the case, then perhaps there's a light ahead for Magic Leap after more unfavorable news in the form of executive departures.
Now that we've had our hands on the Magic Leap One for almost a year and early adopter developers have had the opportunity to publish apps for the AR headset, it's time to see how it stands up against the rigors of a day at the office. We did just that, and we wrote about it!
While a viable version of consumer-grade smartglasses has yet to find mainstream success, two more contenders emerged this week, as Vuzix confirmed that a leak of a fashion-forward design is legitmate and Vivo introduced tethered smartglasses designed to pair with its new 5G smartphone.
As much funding as Magic Leap has secured, another round of funding will still catch headlines. However, the latest funding solidifies the company's strategy for succeeding in the consumer segment of AR.
To borrow from the canon of Game of Thrones, what is dead may never die. And while the Meta Company that we knew this time last year is no more, the patent infringement lawsuit filed against the company lives on.
As Microsoft continues to bask in the glow of its HoloLens 2 unveiling and begins ramping up the hype to launch, Nreal and Vuzix are carving out their own niches in the AR hardware landscape.