
Investors Are Happy to Pay Premium for Tech, But Not for AI
Investors on Wall Street and beyond are betting that the great tech rally of 2023 has staying power,
2023-07-31 08:23

Google kills its AR rival to Apple Vision
Google has scrapped its latest augmented reality (AR) headset that was meant to rival headsets from Apple and Meta, according to reports. The search giant’s ‘Project Iris’ was abandoned earlier this year, Insider reported, making it the second major set of smart glasses to be ditched following Google Glass. The latest AR glasses were first teased last year at Google I/O, with a video showing wearers using the device to translate conversations in real-time. “What we’re working on is technology that enables us to break down language barriers,” Max Spear, a product manager at Google, said in the video. “Making access to information just instant and intuitive, and by doing that technology fades into the background.” Since the glasses were teased, Apple has unveiled its Vision Pro headset and Meta has shown off its latest Quest 3 goggles, which will be available later this year. Google’s aborted project comes eight years after the firm discontinued its Glass smart glasses for consumers, and just months after it stopped producing the enterprise version. It follows the departure of Clay Bavor, Google’s chief of augmented and virtual reality, with the company’s focus now switching to AR software rather than hardware. One AR software platform is Android XR, which is being built for a headset under development at Samsung. A Micro XR platform is also rumoured to be in the works, which is expected to run on AR smart glasses rather than larger mixed reality goggles. One unnamed employee told Insider that Google was aiming to created the “Android for AR”, referring to the tech giant’s hugely popular mobile operating system. A spokesperson for Google declined to comment. Samsung announced at its Galaxy Unpacked event in February that it had partnered with Google and Qualcomm to make a mixed reality platform. No details were given about what the product might look like, with the company saying more information would be given later this year. “We are working to create a new era of highly immersive digital experiences that blur the line between our physical and digital worlds,” said Qualcomm’s Cristiano Amon. “With our Snapdragon XR tech, Samsung’s amazing products, and Google experiences, we have the foundation to make this opportunity a reality.” Read More ‘I saw the future. It left me in tears’ Apple releases urgent update to iPhone and iPad users Apple starts letting developers make apps for its upcoming headset The Apple Watch is getting some major changes this year – here’s why
2023-06-28 22:25

TSMC says skilled worker shortage delays start of Arizona chip production
Shares of Taiwan Semiconductor Manufacturing Co slumped more than 3% Friday after the world's largest contract chipmaker flagged a 10% drop in 2023 sales and said production due to start next year at its first plant in Arizona would be delayed.
2023-07-21 18:16

NBA 2K24 Editions: Price, Bonuses, Pre-Order
Here's a rundown of the NBA 2K24 editions.
2023-07-08 01:59

Twitch: Top 5 biggest streamer controversies of all times
Twitch controversies have been major topic of discussion on social media
2023-05-15 21:54

LottieFiles Announces Figma Integration, Completely Transforming Modern Motion Design
SAN FRANCISCO--(BUSINESS WIRE)--Jun 6, 2023--
2023-06-06 16:19

Snowflake beats quarterly estimates on strong demand for data management services
Cloud data analytics company Snowflake beat second-quarter revenue and profit estimates on Wednesday, boosted by rising data management
2023-08-24 05:53

Simple Planet, Korea’s Leading Cultivated Meat Company, Takes a Closer Step to Commercialize Cell-based Food Ingredients
SEOUL, South Korea--(BUSINESS WIRE)--Aug 17, 2023--
2023-08-17 21:25

Kai Cenat set to appear in 'Fast X' narrative intro after Nicki Minaj's collab offer
'I'm the first person. I'm the one revealing it, chat. I'm the one revealing it, bro,' wrote Kai Cenat
2023-05-12 14:49

Transact Campus Partners with Luxer One for Secure, Frictionless On-Campus Package Delivery
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Jun 14, 2023--
2023-06-14 22:28

The US Senate is working to get up to speed on AI basics ahead of any legislation
The US Senate is inching forward on a plan to regulate artificial intelligence, after months of seeing how ChatGPT and similar tools stand to supercharge — or disrupt— wide swaths of society.
2023-06-08 03:46

OneRail Named to Inc. Magazine’s Annual List of Best Workplaces for 2023
ORLANDO, Fla.--(BUSINESS WIRE)--May 11, 2023--
2023-05-12 01:20
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