In a statement Hyundai Motor Co said, it envisions an interactive and partial virtual future in what it terms as “metamobility,” wherein a variety of robotic devices will be able to interact with humans to provide a broad range of mobility… Read More ›
augmented reality
Apple secures key supplier for Augmented Reality laser chips
In a strategic move Apple has moved quickly to secure its position in the global supply chain of VCSEL chips, blocking off rivals such as Samsung Electronics Co Ltd, Huawei Technologies. Apple Inc’s $390 million deal with Finisar Corp, a… Read More ›
Apple could make history as the first listed company to hit the $1 trillion market cap milestone
If you are wondering why Apple’s share has been the darling of investors, including Warren Buffet, this is an eye opener and makes a fascinating read. On the day Apple launched its newest flagship, the value of its stock price… Read More ›
Baidu joins the race for tomorrow’s self-driving cars
It has appointed Qi Lu, a former executive at Microsoft Corp as its chief operating officer. China’s Baidu Inc has disclosed it will be launching its self-driving car technology designed for a restricted environment later this year in July. It… Read More ›
Apple to design its chips in-house
This development is a major milestone for Apple. Not only will it streamline its supply chain it will also help shore up its profitability. In a strategic development, Apple Inc’s decision to stop licensing graphics chips from Imagination Technologies Group… Read More ›
Wal-Mart set to launch its first investments arm – Store No. 8
In order to better compete with arch rival Amazon.com, Wal-Mart is hoping to profit from the benefits of its investment arm, which will focus on tech startups, so as to better compete in its e-commerce push. The world’s largest brick… Read More ›
Snapchat to acquire Cimagine Media for $30-$40 million
The deal, being Snapchat’s first Israeli acquisition, was supposedly driven by Cimagine Media’s skilled workforce rather than its augmented reality technology. Calcalist financial daily has reported that Snapchat is all set to acquire Cimagine Media, an Israeli augmented reality startup,… Read More ›