Since Magic Leap’s inception in 2011, there has been great innovation in the technology sector focused in the virtual reality (VR)/augmented reality (AR)/mixed reality (MR) space with Magic Leap trying to create a new hardware interface designs. However over the last 6 years, Magic Leap has continually run into issues with its product pipeline causing critics to swarm on the perceived failure of the company. Company culture has been on attack with allegation of misogyny and discrimination towards women. The company is at a crossroads and must pick a new direction to sustain its survival. Magic Leap has pivoted its business model on multiple occasions
When growing up watching Star Trek: Next Generation they introduced us to the world of the Holodeck, a room where the show could take a person anywhere they wanted to go, and do whatever they wanted. This of course is the dream of mixed realities which are starting to gain traction, with the first one being the Virtual Reality. While we’ve had attempts on believable VR for years, the technology has been in its infancy and not really convincing. Things are changing now, and believable worlds are becoming virtually real. With powerful devices like the HTC Vive and Oculus Rift, as well as more mainstream
Kevin Systrom, co-founder and CEO of Instagram recently talked about Virtual Reality and working with Mark Zuckerberg and Facebook in Bloomberg’s Studio 1.0. Instagram story started on Stanford University where Systrom was studying, and Facebook gave him an job offer. Kevin didn’t want to drop out of school, so he passed on the opportunity. During the college years, he got his first taste of the startup world after being chosen as one of twelve students to participate in the prestigious Mayfield Fellows Program. The fellowship led to his internship at Odeo, the company that eventually gave rise to Twitter. After graduating Stanford, he joined Google as an ‘Associate
AT&T Inc. has reached an agreement to buy Time Warner Inc. for $85.4 billion in a deal that would transform the phone company into a media giant. The wireless carrier agreed to pay $107.50 a share, evenly split between cash and stock. The companies said they expect the deal to close by the end of 2017. AT&T Chief Executive Randall Stephenson would head the new company, as the surviving entity. The companies said Time Warner Chief Executive Jeff Bewkes would stay for an interim period following the close of the deal to help with the transition. The combined business would pair the carrier’s millions of
As you might be aware, virtual reality shopping is well on its way to being commonplace. Alibaba, eBay, Ikea, Wayfair, even the hypercar manufacturer Pagani are all dabbling with the usage of VR headsets to help sell products. But this is all well and good for large companies who have the budget to trial such projects, but what about small and medium-sized online businesses who are unsure of whether VR will catch on? To begin with, there is seemingly nothing wrong with simply selling from your website like we’ve known for the last decade. It’s easy, efficient, and for anyone who has ever gone through the
“I think there are lot of things that can be done around gaming, VR [Virtual Reality] and AR [Augmented Reality].” said Greg Maffei, CEO of Liberty Media. “There’s an enormous amount of video feed and data that we have about the races that we are already capturing that we are not in any way processing incrementally for the dedicated fan, or opportunities around things like gambling.” When such words come from the co-owner of FIA Formula E Championship, and the new owner of Formula One World Championship i.e. F1 it is clear that the way how we consume sports is going to change in the future
The Federal Communication Commission (FCC) is looking to subsidize home broadband access. This framework would enable Internet for the poorest Americans – who are under the $25,000 yearly income figure. It is believed that this move would give them a complete modern communications platform to further their lives, learn more skills and advance their livelihoods overall. This subsidy program is done through a rather interesting Lifeline program, which already operates. According to FCC Chairman Tom Wheeler, the idea is to bridge the “digital divide” for poor Americans and give them easy internet access. According to his report, only 48 percent of households with a total income of less than
Cuba recently announced that is is making residential broadband internet available in its capital city, Havana. This is a big step for a country notorious for tightly monitoring the internet and limiting access. It wasn’t until 2012 that the internet really took off in Cuba, even though it was introduced in 1996. By making the internet unavailable in homes and cafes, it was nowhere nearly as used as it is in the rest of the world. Now it looks like Cuba’s relationship with the internet is about to change. The internet is considered more of a luxury in Cuba, in comparison to its closest neighbors such as USA – where internet
There’s no doubt that Instagram is one of most popular social networks. More importantly, it is considered to be one of key marketing platforms out there. The amount of marketing / community management / social media marketing jobs that lists ‘handling Instagram profiles’ is all but mandatory for 2015/2016. Yet, the application didn’t change since its inception (and acqusition by Facebook); one application install equals one Instagram account. Instagram always defended this policy as their way to deal with the ‘gray area of the Internet’ such as double accounts, advertisements, information collection etc. In turn, this enabled rise of software such as ListaPost and Schedugram. Both apps eased the life
Google Fiber is a gigabit internet access network and it currently serves both Internet and TV to its users. Right now, it is available in 18 metropolitan areas. The highly touted internet access service is one of the most interesting novelties on the market today. The expansion set by Google Fiber closely follows their competition’s actions. According to reports, Google Fiber will come to Los Angeles and Chicago. We’ve seen AT&T announce their expansion plans. Expansion set to go forward will take the internet providing giant into an additional 38 cities. This will in turn create a lot of buzz for high-speed internet access all across
According to the company tagline “Personalized Treatment Surveillance. Better Outcomes.” CareDX, Inc. is a molecular diagnostic company which is known for its AlloMap service that monitors patients with heart transplants. Current focus is on expanding the AlloMap line of blood-test products with cfDNA for Heart and cfDNA Kidney – potentially changing the lives of millions of transplant patients worldwide. Key of the company is ‘gene expression profiling,’ using the best of semiconductor industry to analyze blood cells on a molecular level, in order to identify gene activity in various types of blood cells. By building patient maps, doctors can research and predict how a patient is reacting to treatment, inflammation
‘Corporate restructuring’ is a term reserved typically for downsizing the company, selling or ‘spinning off’ corporate assets etc. However, when it comes to Google, something out of the blue happened – company leaders, Larry Page and Sergey Brin announced the birth of a new company, which will now own Google and all of its subsidiaries, as well as couple other companies. The duo announced the new company, called Alphabet (Alpha-bet meaning ‘the return for investor benchmark’) after the stock market closed. We suspect that the .xyz domain is going to become very popular for ‘follow the leader’ culture in Silicon Valley. As Larry wrote; “We did a lot of things that seemed crazy at
Couple of years ago, the world of mobile apps was shocked with the appearance of World Lens app, which detected words on live cameras. Even though the mobile phones at the time had quite limited camera capabilities, what World Lens showed to us was the future of translation. Naturally, revolutionary apps like that do not just disappear as Google proved by acquiring the app maker, Quest Visual. Given that World Lens for Google Glass was one of most impressive things I’ve personally used on Google’s first attempt at Augmented Reality, as you can see on video below: Now, over a year passed since the acquisition of
While most people think of Airbus and Boeing as airplane manufacturers, the truth is that both Airbus S.A.S. and The Boeing Company, Inc. are conglomerates that manufacture many more products than ‘just planes’. However, the size of those companies enables synergy (but also can slow down the innovation) and use experience from one project to another. According to industry data, Airbus Defence and Space is world’s second largest aerospace company. After going through restructuring process, the company started to adopt procedures from Airbus commercial planes, but also procedures made famous by Space Exploration Technologies Corporation, known as SpaceX. By bringing manufacturing techniques from the airplane production line, Airbus
Support for ancient protocols is being cut in the latest version of Internet Explorer.
P&W placed 5,000 sensors in its new GTF engine, expects to generate 12PB of streaming data each year. Big data is about to explode in airline industry.
Microsoft unveils more details on its new browser at its BUILD conference.
Through its partnership with Philippine telco PLDT, Internet.org will provide free access to a curated set of online services to 71.2M prepaid mobile subscribers.
Project Spartan will be the new default browser in Windows 10.
Last week the world was panicking when the FREAK SSL flaw was discovered. Here’s how to stop another one from occurring.