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.
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.
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.
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.
BlackBerry was one of the first companies to put anything that resembles a modern-day smartphone on the market, but now, seeing one out in the wild is like stumbling upon a fossil. Now that they've announced the BlackBerry Passport, it seems as if this is their last-ditch effort at remaining relevant.
Last year, Todd Blatt ran a Kickstarter campaign to make 3D-printed accessories for Google Glass, and has turned it into a company: GlassKap.
» Homeland Security Report Lists ‘Liberty Lovers’ As Terrorists. A new study funded by the Department of Homeland Security characterizes Americans who are “suspicious of centralized federal authority,” and “reverent of individual liberty” as “extreme right-wing” terrorists. » British police get battlefield weapons.
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.
The week in AR business news started out with a bang with two bombshell reports that cast a shadow on the AR industry as a whole.
Before smartglasses makers can dream of taking smartglasses to mainstream consumers, they must first determine the right mix of form, function, and price that will drive customers to buy into what they're hoping to sell.
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 hype around augmented reality has risen to a fever pitch over the past two years, and if this week's selection of business news stories are any indication, the din is about to get down right deafening.
Augmented reality startup Nreal was a hit at this month's CES event, with some even calling the device a worthy challenger to the Magic Leap One.
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.
Mobile augmented reality pioneer Blippar has now completed its fall from hopeful AR startup to the immersive computing history books.
This week, inside sources divulged details of how Apple nearly acquired Leap Motion, twice. Otherwise, companies offering or working on augmented reality technology had more successes than failures to talk about.
Cited by many listed on this year's NR30 list as the most important event in the last 12 months, last year's release of ARKit catapulted Apple CEO Tim Cook to the top of Next Reality's rankings. This week, we dug deeper by explaining why he's at the top of the list of NR30 Mobile AR leaders.
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...
It turns out that the government of Saudi Arabia has managed to do something last month's Game Developers Conference couldn't — give us a few new glimpses of the Magic Leap One being worn by someone other than Shaq.
Noted poet T.S. Elliot once wrote that "April is the cruelest month." But Magic Leap might argue that March is the most miserable, as the Ides of March brought more legal woes to augmented reality startup. Elsewhere, its closely-held branding secrets have been spilled by way of the US Patent and Trademark Office (USPTO).
While the company is adamant that the Magic Leap One: Creator Edition will ship this year, currently, it seems its CEO is more interested in striking deals with content partners than releasing details about the headset.
Between Renault Truck's testing of the HoloLens in factories and BMW promoting its newest model through Snapchat, the auto industry is hot for augmented reality to improve internal operations and engage consumers.
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.
Over the past three years, Epic Games has raised billions of dollars in funding on the success of Fortnite as well as Unreal Engine, one of the top 3D engines available for developing games and AR experiences.
While the long-awaited HoloLens 2 officially arrived this week, details leaked about another, arguably longer-awaited AR headset, the fabled wearable from Apple, and a previously undisclosed partner assisting the Cupertino-based company with the hardware.
