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Leaders
X Ventures into Job Market Competition
Looking for your next career move? You might just find it on X. Last month, an app researcher uncovered X’s plans to take on the professional social media network giant, Microsoft’s LinkedIn, by introducing job posting capabilities on its platform. X as a Job Platform for…
Leaders
VR Therapy Might Offer Relief to Cancer Patients
A study, recently published in Frontiers in Virtual Reality, has unveiled the potential of VR therapy in reducing anxiety and fatigue among cancer patients. VR Meditation Decreased Anxiety, Stress In an experiment, researchers at the Immunotherapy Center (ITC) assigned…
Case File
Jewelry Icon Tiffany & Co. Partner with Snap for the US Open
Renowned jewelry brand Tiffany & Co. has partnered with Snap to introduce an interactive AR experience at the U.S. Open. Playing with Diamond-Studded Rackets The collaboration between Tiffany & Co. and Snap brings AR mirrors to the U.S. Open, offering spectators the opportunity…
Institutional
JP Morgan Chase Steps into Crypto with “Chase Travel”
JP Morgan Chase, a global financial institution, has recently filed a trademark application with the United States Patent and Trademark Office (USPTO) for “Chase Travel.” This move hints at the bank’s ambitious goals to venture into virtual currency financial transactions and…
Leaders
Sense Arena Designated as Official ATP VR Tennis Training Tool
Bob Tetiva, CEO of Sense Arena, and Daniele Sano, Chief Commercial Officer of ATP, have announced a multi-year partnership between Sense Arena and ATP. This collaboration will see Sense Arena being designated as the official VR training tool for one of the biggest tennis…
Case File
Samsung Introduces Diet Platform: Samsung Food
Samsung just launched Samsung Food, a platform designed to simplify meal planning and redefine recipe discovery. By incorporating Samsung Food into their routines, users can bid farewell to the days of aimless recipe searching and chaotic meal organization. Personalized Recipes…
Case File
OpenAI Launches Enterprise Version of ChatGPT with Focus on Cybersecurity and User Privacy
OpenAI has introduced the much-anticipated Enterprise Edition of ChatGPT, a move aimed at expanding revenue streams and capturing a larger share of the enterprise market. This development introduces features that harness the power of the formidable GPT-4 generative AI model while…
Institutional
New Zealand to Introduce 3% Digital Services Tax on Global Tech Giants
The New Zealand government is gearing up to unveil new legislation on Thursday, August 31st, enabling the implementation of a 3% “Digital Services Tax” (DST) on the revenues of prominent multinational technology companies. However, enforcement of this tax is anticipated to…
Case File
Australia’s Lower July Inflation Strengthens Case for RBA Interest Rate Pause
Data released on Wednesday revealed Australia’s July inflation rate falling below expectations, reflecting a global trend. This development supports the Reserve Bank of Australia (RBA) in maintaining its current interest rate policy at its meeting next week. Inflation Continues…
National Telecom
Goldman Sachs Shifts Focus to Wealth Management Business
Goldman Sachs Group has announced plans to divest its investment advisory business for mass-market high-end clients. This division will be transferred to Creative Planning LLC, a key player in wealth management with $240 billion in assets under management. The transaction…
Institutional
Holoeyes Secures 400 Million Yen to Expand Medical Virtual Reality
Holoeyes, a medical virtual reality company, recently announced raising about 400 million yen (around 2.7 million USD) through a third-party share placement. The funds will be used to expand human resources and enhance technology development. Coupled with previous funding rounds…
Case File
Zuckerberg Unveils Virtual Keyboard, Bosworth Hits 119 WPM
In a recent Ask Me Anything (AMA) session, Meta’s Chief Technology Officer, Andrew Bosworth, shared a virtual typing demonstration where he achieved a typing speed of 119 words per minute. At the same time, Mark Zuckerberg recently showcased a “virtual keyboard” through a video…
Cloud Service
Police Scotland Considers Introducing AR Glasses toCrime Fighting Efforts
The Scottish Police Authority (SPA) has approved a £400 million initiative to establish a “digital unit” aimed at combating cybercrime. The recruitment of numerous officers already underway. AR Potential in Policing Martyn Evans, the chairman of SPA, has outlined the department’s…
Leaders
Mixed Reality Training Takes on Opioid Overdose Crisis
Non-profit healthcare organization OSF Healthcare has partnered with Illinois State University (ISU) and Southern Illinois University Carbondale (SIU) to develop an immersive training program using Mixed Reality (MR) technology. This program aims to combat opioid overdose deaths…
Case File
Narendra Modi Advocates Global Cryptocurrency Framework
At the recent G20 summit, Indian Prime Minister Narendra Modi expressed his approval in establishing comprehensive global regulations for cryptocurrencies. Modi’s emphasis on embracing technological progress and adopting a unified approach signals a potential shift in India’s…
Cloud Service
KmsdBot Malware Evolves, Targeting IoT Devices and Highlighting Ongoing Threats
Cybersecurity researchers have uncovered a concerning evolution of the KmsdBot malware, increasing the risk to Internet of Things (IoT) devices. The updated Kmsdx binary file introduces vulnerabilities, including support for telnet scanning and an expanded range of CPU…
Case File
Giant YT Channel Linus Tech Tips Halts Amidst Criticism
The YouTube channel Linus Tech Tips has announced the temporary suspension of all video production due to criticism regarding its approach to reviewing products, particularly computer hardware. With over 15 million YouTube subscribers, Linus Tech Tips is known for its team of…
Case File
NFT Prices Surge Following Donald Trump’s Arrest
The prices of non-fungible tokens (NFTs) experienced a sharp increase in the wake of former US President Donald Trump’s arrest in Georgia. In December of the previous year, Trump capitalized on the NFT trend by launching 45,000 digital cards featuring a variety of personas…
Case File
Vessel Capital Launches $55M Fund for Web3 Infrastructure and Apps
Vessel Capital, a leading venture capital firm, emerges from stealth mode, announcing a $55 million fund. The firm’s exclusive focus lies in supporting projects within web3 infrastructure and applications. With this investment, Vessel Capital aims to empower startups building…
Case File
Microsoft Trims Down Features in Latest Edge Browser Version
Image from Pixabay Microsoft is redesigning its Edge browser, aiming to enhance user experience by trimming excess features. In an effort to declutter and simplify its interface, the company is discontinuing several tools in the upcoming Edge version 117, set to stabilize by…