AR
Meta ‘powering through’ with Metaverse plans despite doubts — Zuckerberg
Meta CEO Mark Zuckerberg is still hopeful about the company’s Metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming “someone has to build that.” Appearing remotely for an interview at the Nov. 30 DealBook Summit in New York, Zuckerberg was asked his thoughts on whether the tech giants’ Metaverse play was still viable given its cost and the doubts cast over the platform, answering: “I think things look very different on a ten-year time horizon than the zone that we’re in for the next few years […] I’m still completely optimistic about all the things that we’ve been optimistic about.” He added part of “seeing things through” in the longer term was “powering through” the doubts held about its ambitions. Meta’s latest ear...
Applications Now Open for Meta’s African AR/VR Hackathon Event
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Sheryl Sandberg is Stepping Down as Meta COO
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Meta to Ditch the “FB” Stock Ticker
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Mark Zuckerberg Says the Metaverse will Come Costly
Mark Zuckerberg visits Meta’s first ever retail shop. Image sourced from Facebook (Mark Zuckerbeg). Mark Zuckerberg told shareholders on Wednesday that the metaverse project will bleed a lot of money and that some products will not be ready for 15 years. According to Business Insider, the Meta CEO told shareholders that he spent $10-billion on the idea of a virtual world in 2021 alone. “We want to get the hardware to be as affordable as possible for everyone, and make sure the digital economy grows,” Zuckerberg said. Meta currently has 10,000 employees working on the metaverse and wants to hire an additional 10,000 to work on the project. The giant company also announced that it is holding up on hiring, so the plans to push this project forward might be delayed further. Zuckerberg re...
Snap and Live Nation to Launch Augmented Reality Experiences at EDC Las Vegas
Snapchat and Live Nation have teamed up to create a series of custom concert experiences in the world of augmented reality, starting with EDC Las Vegas later this month. After inking the high-profile partnership, Snap and Live Nation will work together on AR content for over a dozen music festivals in 2022, including Austin City Limits, Beyond Wonderland, Bonnaroo, Day Trip, Lollapalooza, Rolling Loud, Governors Ball and more. At the recent Snap Partner Summit, the company declared that augmented reality has the potential to become a new creative medium. “We can leverage this huge user base we have in a way that will make augmented reality the next phase of visual expression for artists,” said Snap’s Senior VP of Content and Partnerships, Ben Schwerin. In a statement, Schw...
Apple stock jumps after CEO reveals it’s investing in the Metaverse
Apple’s stock price jumped in after hours trading after CEO Tim Cook said during the company’s Q1 2022 earnings call that he sees considerable potential in the Metaverse space. When asked on Jan. 27 during the call about Apple’s opportunities within the Metaverse, Cook responded “we see a lot of potential in this space and are investing accordingly.” “We’re always exploring new and emerging technologies and I’ve spoken at length about how it’s very interesting to us right now.” The Metaverse is an interoperable virtual universe created in part by users, offering socialization, gaming and even live concerts. Although it can be accessed with a browser, the experience is better with virtual reality (VR) or augmented reality (AR). APPL had dropped about 3% to $159.22 du...
Survey of Top Dance Music Labels Highlights Artists’ Rush to Replace Lost Tour Income
The fast-paced music industry is in a constant state of flux, but few periods have been more anomalous for the industry at large than the last 15 months. The onset of the pandemic caused a shutdown of the entertainment business virtually overnight, accelerating seismic shifts in trends in unpredictable ways. Music demo submission platform LabelRadar surveyed A&R from some of the most vital organs of the dance music ecosystem including Monstercat, Dim Mak, Anjunabeats, and others to gain insight on how their role has changed and to identify emerging trends they’re observing. Yago Álvarez In their “The State of A&R in 2021” report, it’s clear artists have turned to expanding their media footprint to supplement lost touring income. As...
US election: Republicans hold back Democrats, narrowing path to Senate control
The battle for power in the Senate tightened into Wednesday as Democrats picked up a seat in Colorado, but suffered a setback in Alabama, and Republicans held their own in high-profile races in South Carolina, Iowa, Texas and Kansas, dramatically narrowing the political map. Republicans fought to retain their Senate majority by turning back a surge of Democrats challenging allies of President Donald Trump, and the Democrats’ various paths to seizing control were growing more limited. With several contests still too early to call, and one Georgia race heading to a January runoff, the final verdict is expected to drag on. Democrats gained a seat when ex-Gov. John Hickenlooper ousted GOP Sen. Cory Gardner in Colorado, a must-win to flip the Senate, but couldn’t hold on in Alabama, where forme...
Pfizer, BioNTech dose U.S first participants of trial coronavirus vaccine
Pfizer Inc. and BioNTech SE announced on Wednesday, May 6, 2020, that the first participants have been dosed in the U.S in the Phase 1/2 clinical trial for the BNT162 vaccine program to prevent COVID-19. The trial is part of a global development program, and the dosing of the first cohort in Germany was completed last week. The Phase 1/2 study is designed to determine the safety, immunogenicity and optimal dose level of four mRNA vaccine candidates evaluated in a single, continuous study. The dose level escalation portion (Stage 1) of the Phase 1/2 trial in the U.S will enrol up to 360 healthy subjects into two age cohorts (18-55 and 65-85 years of age). The first subjects immunized in Stage 1 of the study will be healthy adults 18-55 years of age. Older adults will only be immunized with ...
