Venmo makes it incredibly convenient to send money to friends and family, and it all happens instantly from the comfort of your smartphone. Even better, if you have an iPhone, Venmo lets you conduct transactions straight from the default Messages app, giving you more flexibility and convenience over Android users.
According to Digi-Capital, investors poured $1.8 billion into augmented and virtual reality companies over the last 12 months, including $300 million in the third quarter. These investments are not made without a means to monetize products and services.
Over the past week, we are seeing more companies capitalizing on services leveraging augmented reality. One company secured funding to expand their service, while two other companies grow its own services through acquisition.
This week in Market Reality, we see two companies capitalizing on technologies that contribute to augmented reality platforms. In addition, industry mainstays Vuzix and DAQRI have business news of their own to report.
The ride-sharing company Lyft has managed to secure $500 million in funding, which will certainly help its ongoing competition with Uber. According to recent reports, the cab firm is currently valued somewhere between $6.9 billion and $7.5 billion, but this still pales in comparison to Uber's estimated $70 billion valuation.
DigiLens, a company specializing in optical waveguide technology, recently announced that they had closed a $22 million round of strategic investment, also known as Series B funding. This round brought in Sony, Foxconn, Continental, and Panasonic, as well as more traditional venture investors such as Alsop Louie Partners, Bold Capital, Nautilus Venture Partners, and Dolby Family Ventures.
In a bad economy, starting your own business is hard, even if you know everything about a business plan. And lots of people have ideas to start a business, but starting a successful business takes more than a good idea, it takes planning.
The COVID-19 pandemic has hit everyone hard. With over 36 million American workers filing unemployment claims, finances are at the front of everyone's mind. Understanding your accounts has never been as important.
The results of Microsoft's $480 million contract with the US Army are on display and users continue to test the suped-up version of the HoloLens 2.
The future of smartglasses for consumers seems ever dependent on Apple's entry into the market. Coincidentally, the exit of Apple's long-time design chief Jony Ive has shed some light on that eventual entrance.
The augmented reality industry has an insatiable lust for 3D content, which makes an investment of $48 million into Matterport a no-brainer for investors.
Waveguide manufacturer DigiLens has closed a $25 million Series C round of funding from automotive technology company Continental, which uses the technology in its heads up displays.
When it comes to making smartglasses that look more like regular eyeglasses and less like sci-fi helmets, Corning International might be among the suppliers to make it happen.
Over the past week, companies took a variety of approaches to investing in augmented reality. Lampix is backing its own effort to build an ecosystem for augmented reality platforms. Nokia and Xiaomi are teaming up on numerous fronts, potentially including augmented reality.
With the British exit from the European Union looming, the UK is looking to the auto industry to help boost their economy and secure jobs through the upcoming years. Today, Business Secretary Greg Clark and Transport Minister John Hayes announced the government investment of $136.7 million (£109.7 million) across 38 different automobile projects, as a part of the Plan for Britain.
Australia is looking to the future and finding driverless cars and other autonomous vehicles to be a top priority. Spacial Source reports that the state government has put AU$10 million into their Future Mobility Land Fund "to drive local development of autonomous vehicle technology."
Independent game developer PlayFusion announced today a partnership with NEXON Korea Corporation, resulting in a Series A preferred share round to fund development of their entertainment platform. PlayFusion's platform applies augmented reality, Internet of Things (IoT), and audio recognition to Lightseekers, an original property that combines mobile gaming with smart action figures, trading card games, and other media.
Economists have long since known that people want to be rewarded for taking on risk. Investments are thus judged by their risk-adjusted returns (Sharpe ratios). A typical hedge fund has a Sharpe ratio of around 0.5. This means that its excess annual return over the risk-free rate is about half its annual standard deviation.
As you might guess, one of the domains in which Microsoft Excel really excels is finance math. Brush up on the stuff for your next or current job with this how-to. In this tutorial from everyone's favorite digital spreadsheet guru, YouTube's ExcelIsFun, the 35th installment in his "Excel Finance Class" series of free video lessons, you'll learn how to calculate the present of a loan with the PMT function.
As you might guess, one of the domains in which Microsoft Excel really excels is finance math. Brush up on the stuff for your next or current job with this how-to. In this tutorial from everyone's favorite digital spreadsheet guru, YouTube's ExcelIsFun, the 12th installment in his "Excel Finance Class" series of free video lessons, you'll learn how to calculate average and marginal tax rates with Excel.
In this tutorial, we learn how to file for unemployment in Michigan. In the state of Michigan, you can now file online or on the phone without standing in line. First, you will need to make sure you have all of your personal information and information from your previous job. Once you have all of this information, enter it into the phone or the internet when you are asked for the information. When you are finished entering in the information, you will be finished. The state will contact you i...
As you might guess, one of the domains in which Microsoft Excel really excels is finance math. Brush up on the stuff for your next or current job with this how-to. In this tutorial from everyone's favorite digital spreadsheet guru, YouTube's ExcelIsFun, the 18th installment in his "Excel Finance Trick" series of free video lessons, you'll learn how to use the CUMIPMT function to calculate the cumulative interest on a loan for a 1 year period.
The close of the second quarter of 2021 brought about a flurry of merger and acquisition and financing activity in the augmented reality industry, headlined by the acquisition of Ubiquity6 and JigSpace's new multimillion-dollar funding round.
The last time we heard from Meta, the makers of the Meta 2 augmented reality headset, things looked pretty bleak. Now, as several new facts have come to light, we have confirmation regarding the beleaguered company's fate: Meta is done.
To much of the United States, Zika seems like a tropical disease that causes horrible problems in other countries but is nothing to be worried about stateside. It may make you rethink your beach vacation abroad, but not much more than that. However, if you live in Florida or Texas, the possibility of getting a Zika infection where you live is real — and local outbreaks are more and more a possibility.
"It just ticked me off," he said. In March 2011, Neil Singh paid $50 to back the Hanfree iPad stand on Kickstarter. The project was funded at $35,000, but production stalled, and the delivery estimates kept getting pushed back.
Now more than ever, people everywhere are suffering from bad credit. Credit is important. You need it to take out loans, buy a house, rent an apartment, get a car, almost anything! Check out this two part video, presented by Daniel Medina from United Credit Education Services, and listen along as he offers you tips on how to improve your credit - even in a recession. This helpful and informative video can start you on the right track to financial stability, no matter what the circumstances.
Thinking of selling your car on the internet? Make sure you don’t get taken for a ride. You Will Need
In our opinion, blowouts at salons are WAY overpriced. A few spritzes of heat protectant, a few good twirls of the blowdryer, and you're done. Well, after you pay $50.
Tending to your body with love (and frequent bouts of exercise) is a lot like being affectionate with your children: the more attention you pay to building a lean body now, the more likely it is that it'll pay you back with the same care later on in life.
In this how-to video, you will learn how to embed a social or fund raising widget on to your Facebook page. Look for static fbml on the Facebook search function. Click on it and add to page. Next, press add static fbml. Now you are finished. Go to edit page and click edit on the application. Now you can embed whichever code you need to paste into your Facebook page. Do not worry about what the code does, as you do not need to know it in order for it to work. Save the changes and go back to th...
This is video is a tutorial on how to save more money in your daily life. The video says that budget professional suggest that we need to set a goal. Decide why you're saving your money. Save your money to where if there were an emergency you could comfortably use your savings. The video suggests taking advantage of your employer's retirement fund. Last but certainly not least, we are told that saving sooner is better than saving later.
This parlor trick video aptly demonstrates how to open a bottle of wine with an ordinary swiss army knife when that feisty cork screw goes missing. This video is a great alternative for college students who seem to inevitably misplace or loan their cork screws and want to seamlessly open and enjoy a nice glass of wine.
Some investors play the short game, placing their bets on industries that show the quickest return on their investment, and, in the augmented reality space, that means the enterprise sector.
While the long awaited HoloLens sequel is scheduled to arrive later this year, Apple may force Microsoft to share the AR wearables spotlight, if reports of the company's first entry into smartglasses territory end up coming to fruition.
The era of smartglasses designed for consumers has officially begun, as shipments of North Focals began arriving at its stores this week. And the company now has plans to expand its retail footprint.
Among a crowded field of AR cloud companies aiming to power the future of augmented reality by creating a world of persistent holographic content that lives in a cloud, accessible across devices and accounts, Ubiquity6 is hoping it has found a way to differentiate its platform.
Mobile augmented reality pioneer Blippar has now completed its fall from hopeful AR startup to the immersive computing history books.
The Augmented World Expo is winding down in Santa Clara, where Qualcomm, Vuzix, and Meta Company were among the companies making big announcements.
Consumers are chomping at the bit for augmented reality smartglasses from Cupertino's finest, but one market analyst is saying not so fast, Apple fans. Meanwhile, automotive AR is gaining speed, with the latest milestone coming courtesy of a major investment in waveguides by Continental. And although mobile AR apps have already arrived, retailer Target is taking a different approach. So why is Target tinkering with web-based AR? Answers below...