Artificial Intelligence, Business, Companies, Intel, News, VR World

Intel Partnering Facebook in Conquering AI

Intel is ready to ship its long awaited computer chip used to power artificial intelligence projects by the end of the year. The chipmaking giant is partnering with Facebook and other internet titans investing heavily in artificial intelligence to create the first in what will be a family of “Nervana Neural Network Processors” tailored to the needs of the emerging technology. Intel CEO Brian Krzanich explained the chip-maker’s foray into the red-hot field of artificial intelligence Tuesday and said that Facebook has assisted the company in prelude to its new chip’s debut. “We have a goal by 2020 to be 100 times better than the best AI systems out

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Artificial Intelligence, Augmented Reality (AR), Business, Companies, Entertainment, Event, , News, Oculus, Virtual Reality (VR), VR World

Facebook to Open AI Lab in Montreal

Facebook announced that in the future, they want to replace clicking buttons and tapping on screens with natural conversations. The idea, according to Mike Schroepfer, Facebook’s chief technology officer, is that users could ask Facebook for an update on a family member, the news or even to suggest a friend they haven’t seen in while they might want to catch up with. “I think of it as a full-time, 24/7 personal assistant that helps me stay connected with all the things I care about in the world. That is beyond the reach of current technology” Schroepfer said. Now, a Montreal-based team will be working to

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Augmented Reality (AR), Breaking, Business, Companies, , Mobile, News, Oculus, press releases, , Sony, Virtual Reality (VR), VR World, Wearables, Wearables

Zuckerberg Introduced new $199 Oculus Go

Facebooks very own CEO, Mark Zuckerberg introduced a new $199 headset, Oculus Go, and permanently cut the price for the flagship Rift to $399 as he talked up VR’s potential. “At every step along the way, the future is built by people who believe it can be better” he said. In a blog post, the company said the new price for its immersive headset will be available for a “limited time” as part of a summer sale. In January, Oculus co-founder Palmer Luckey said that even at the initial $599 price tag, the Rift headset didn’t offer Oculus a profit. This isn’t the first price drop

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Augmented Reality (AR), Companies, , News, Oculus, Virtual Reality (VR), VR World, Wearables

Mark Zuckerberg: It feels like We are Really in Puerto Rico

A cartoon version of Facebook’s CEO, Mark Zuckerberg, visited hurricane-damaged Puerto Rico on Monday, in a tone-deaf livestream that was part disaster tourism, part product promotion. The Facebook CEO conducted a brief, live 360-video broadcast in which he and Facebook’s head of social VR Rachel Franklin promoted the company’s upcoming Oculus Rift developer conference while also talking about the company’s humanitarian efforts. Cartoon avatars make plenty of sense for the typical use of Facebook Spaces, which is mostly just meant as a digital hangout spot for early adopters of the Oculus Rift. But not everyone seem to approve that kind of way to discuss hurricane relief efforts. “It feels like we’re

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Apple, Augmented Reality (AR), Business, Companies, Google, HTC, Microsoft, News, VR World

Digital marketing will grow to more than $162 billion

According to an International Data Corporation report, the digital reality market will grow from $5.2 billion last year to more than $162 billion in 2020. Corporate CEOs in any field would be hard-pressed to find a multibillion-dollar industry with an anticipated compound annual growth rate (CAGR) of 181.3% over the 2015–2020 forecast period in any sector other than digital reality. Also, established by HTC earlier this year, the Virtual Reality Venture Capital Alliance, or VRVCA, is an organisation comprising of VR-invested firms and companies who believe VR is the next big medium. With HTC at the forefront, the VRVCA has set aside US$12 billion to grow VR, with investments

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Augmented Reality (AR), Companies, Entertainment, , News, VR World

Snapchat Launches AR Art Platform

Snapchat plans to launch a new art initiative aimed at using augmented reality to feature art installations around the world. A countdown clock magically appeared, and a snippet of javascript underlying the page appears to confirm that the reveal is a collaboration with renowned artist and big Snapchat fan Jeff Koons. The only piece of art on the site is a photo of Central Park in New York City with people sitting about in an open lawn. However, dogged software engineer and Twitter user Jonah Grant uncovered the secret by setting his clock ahead. According to the screenshots, Snapchat is calling on artists to submit

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Android, Audio/Video, Breaking, Hardware, iOS, Mobile, Reviews, Software Programs, Virtual Reality (VR), VR World

Xiaomi Mijia MI SPHERE 360 Camera Review

Xiaomi is slowly opening itself and their products to the west. The Chinese smartphone giant is expanding its availability on global markets thanks to its e-tailers. One of their leading partners is turning out to be GearBest, who recently sent us the Xiaomi Mijia MI SPHERE 360 Camera. I took the camera to the city of Varazdin in Croatia and checked the real world performance. Given the price of mere $255, can Xiaomi’s 360 degree camera offer the ultimate price / performance ratio? First off, I have to admit that setting the camera was a real pain in the behind, trying to figure out how to install phone

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Augmented Reality (AR), Breaking, Business, Cloud Computing, Event, Gaming, Mobile, Mobile Computing, News, Smartphones, Software Programs, startups, Tablets, Virtual Reality (VR), VR World

UNITE Los Angeles 2016 Brings Cool Gaming News

UPDATE November 2nd, 2016 18:02 GMT: We received note from the PR team that the date for the release of EditorVR has shifted to “middle of December”, thus disregard what was said during the keynote video. Original Story Following the Unity Training Day on Halloween, October 31st, Unity launched pretty awesome features during the opening keynote for Unite Los Angeles 2016 conference. From Unity to Facebook we could hear a lot about new tools and features to provide enhanced graphics, performance, and production processes across console, mobile, VR and AR development, including Timeline, a new video player, and Octane Render. Also we found out more about New and

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Analysis, Augmented Reality (AR), Business, News, startups, Virtual Reality (VR), VR World

AR and VR Investments Are Accelerating

1968 was a year widely known for hippie culture, green smoke, free love etc. That year saw San Francisco hosting not just the hippies and free love, but a very significant presentation was held. The author was Doug Engelbart and his presentation became known as “The Mother of All Demos”. Instead of standing at a podium, Mr. Engelbart sat in a custom designed console, where he drove his presentation through the NLS computer residing 30 miles away in his research lab at the Stanford Research Institute. From the remote location, Mr. Engelbart transported images into a large projection screen overhead, flipping seamlessly between his presentation outline

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Augmented Reality (AR), , Gaming, Hardware, Virtual Reality (VR)

Oculus Connect Promises a New Era for VR

This year’s Oculus Connect brought us some really big news for the rising VR industry. Over two hours long keynote session with key executives from Facebook and Oculus covered everything from prices, release dates, new stuff brought into the VR, and more hardware and software news. Mark Zuckeberg started the session strongly by announcing an upcoming standalone VR headset. This 2017 mainstream Rift headset will be affordable, and something in between medium and enthusiast gear but limited Gear VR. It will have position tracking, which is the biggest differentiator between mobile and desktop VR experiences right now outside graphic fidelity. The headset is only in a prototype phase,

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Breaking, Cloud Computing, Enterprise, Entertainment, , Hardware, News, VR World

Facebook Servers Are a Lesson in Minimalism and Efficiency

Bloomberg’s intrepid reporter and best selling book author Ashlee Vance recently launched a tech documentary called ‘Hello World’. Focusing on countries, he travels across the globe with his team and checks to see how the globalization made the world smaller and enabled innovation to come out of each corner of planet Earth. Second episode of Hello World visited Sweden, and while we do recommend you watch the whole show, we caught something very interesting: Facebook’s servers. “(Facebook Servers) are all built to be as energy and cooling efficient as possible,” said Joel Kjellgren, Site Manager, Facebook. “There are no fans at all at this one, as you can

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Entertainment, Gaming, Graphics, Hardware, VR World

Apple iPhone VR Headsets Arriving This Fall?

Last month, Mark Zuckerberg said that since the launch of Samsung’s Gear VR back in November 2015, more than a million hours of video have been consumed using the device. He said the response to Gear VR has been “incredibly strong,” and creates the best mainstream VR experience by combining Facebook’s Oculus-based technology and Samsung hardware. The drawback to Gear VR is that it’s compatible with only a few select Samsung phones. Google Cardboard VR, on the other hand, is a cheaper alternative that has the same basic principle: slide the phone in and load up a special app. The good thing with Cardboard is that

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Analysis, Business, , Global Politics, Google, News, , VR World

Earth vs. Social: Facebook is the Largest Nation in the World

Facebook often claims they are the largest social network in the world. Even though there are many non-humans on the list (pets), the undeniable fact is that Facebook has more people using its services than there are people living in China. If we would extrapolate the numbers of social media users and real world countries, we would get quite an interesting list. Thus, we decided to compile data from Wikipedia, showing the list of citizens in largest countries in the world, and an August 2015 report from We Are Social, a British-based analyst firm which focuses on tracking trends in the world of social media. The results

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Business, Entertainment, , News, , VR World

Facebook Gives Nielsen Access to Your Private Chat Messages

Definitions of ‘Social Media’, ‘Social Network’ and ‘Private’, ‘Personal’ are increasingly becoming distant as two continents moving apart. We received news from Electronic Frontier Foundation that Facebook enabled Nielsen, a TV ratings company – to scan information from your public and private posts and messages if the filters detect you’re discussing something about television. If you posted something about a TV show or discussed it with your friends, Nielsen plans to record it and use it for their industry-standard ratings reports. The conversations will be marked separately, as ‘Social Content Ratings’. According to Facebook, the company claims they will collect information in anonymous way, only pasting and sending content

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Analysis, Breaking, Entertainment, Event, , Opinion, VR World

Facebook Content Police Censors Image from a German Museum

The clash of cultures is inevitable once you move beyond your own borders. A lot of American companies had issues being present in China, for example – and that lead to bans of particular companies. Watching YouTube or being on Facebook (NYSE:FB) in China is impossible without a friendly VPN/Proxy server, because those companies refused to ‘play ball’ with the Chinese authorities. And yes, all the companies which were targeted would often criticize their policy and refused to abide to censorship. Yet, every once a while, a slight ‘what the he…’ happens when the censorship scissors of Facebook’s Political Correctness Police appears. This time, a

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Augmented Reality (AR), Entertainment, Gaming, Graphics, News, Virtual Reality (VR), VR World

Facebook Goes AAA with VR Content, Bundles EVE: Valkyrie with Oculus Rift

The success or death of a platform depends on the content that platform provides. While Facebook is now being used by over 1.4 billion people around the globe, the social media platform would not become nowhere as near as popular if there wasn’t for several multi-billion enterprises that were built on the content which used Facebook to spread – FarmVille might be a laugh, but the game was at one point – the most popular ‘multiplayer’ game on face of the planet, and the same story followed by Candy Crush Saga. Last year, Facebook made a two billion dollar bet on the next platform to expand its

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3D, Gaming, Hardware, Mobile, News, Smartphones, Virtual Reality (VR)

VR hits Magical $99 Price with Samsung’s New GearVR

As we all know, the key to adopting a technology for mass market is hitting the ‘sweet price point’, which is typically based around three figures – $99, $199, $999. $999 was the price point when first VHS demolished Betamax, CD replaced vinyl, DVD replaced VHS, and so on. $199 was the price point that Apple hit with the iPhone and we all know what happened afterwards. $99 however, is a price point where a product becomes a commodity, whatever it is. After launching its first generation GearVR Innovator Edition for $199, Samsung teamed up with Facebook and Oculus to prepare a product which could

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Business, News, VR World

IBM: Disruption has Already Happened

Every day, our inbox gets flooded with gazillion startups claiming they’re on a path of market disruption. From another standpoint, numerous funds and banks love to talk about disruption and claim that we will live in a ‘brave new world’ thanks to services they provide. ‘Big Blue’, nickname for an IT giant from Armonk in New York state, decided to claim something different – that the digital disruption already happened. Now, some claims from the slide are quite exaggerated (Netflix?), but we will leave you to bring your own conclusions. The message IBM sends is quite clear and the question is what kind of services IBM offers to

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Companies, , VR World

Jack Dorsey Returns As CEO Of Twitter

Jack Dorsey, one of the Twitter co-founders, is taking back the reigns of the company. Jack’s return as CEO was announced yesterday morning, as the quest to find a suitable company executive after their rocky summer seems to finally be over. While this may come as a surprise for some, Dorsey was actually the acting CEO ever since then-chief Dick Costolo stepped down from the position this summer. This announcement will certainly make Twitter investors and fans alike, rather happy. “I’ve been CEO of both companies for over 3 months now. I have the smartest, strongest, and most determined leaders in the world on my

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Business, Enterprise, , News

Facebook Bank: Introduces Micro Payments up to $10,000

If we remove the borders on this planet, the number of Facebook netizens would place it as the largest country in the world. With over 1.44 billion users, it is larger than China (1.39 billion) or India (1.25 billion). As the Facebook platform matured over time, the company added more and more features which are akin to living in a country. You have ability to communicate with your neighbors through all (digital) means – text, voice, video; attend sport events, watch movies (currently relying on link sharing) and voice out your opinions. The next step of maturing the platform was somewhat easy to predict, but hard

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