Augmented Reality

Meta Is Losing Over $1B a Month on Metaverse Strategy
Meta Is Losing Over $1B a Month on Metaverse Strategy
February 01, 2023  |  Meta

Mark Zuckerberg’s expensive pivot toward building a virtual world continues to be just that — expensive. “None of the signals I see in today’s environment...

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Perfect Corp Adds AI-Powered Photo Enhancement App
Perfect Corp Adds AI-Powered Photo Enhancement App
February 01, 2023  |  Retail

Artificial intelligence (AI) is now being deployed to fix photos that are pixelated, blurry or out of focus. Perfect Corp. — a New York Stock...

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Snap Pins Hopes on Subscriptions to Boost Creator Engagement
Snap Pins Hopes on Subscriptions to Boost Creator Engagement
January 31, 2023  |  Earnings

Facing a downshift in digital ad spend that’s hurt other players in the space, Snap Inc. is looking to beef up its direct response business...

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Gemba Raises $18M for Executive Training in the Metaverse
Gemba Raises $18M for Executive Training in the Metaverse
January 25, 2023  |  Metaverse

Gemba, a workplace virtual reality (VR) startup, has netted $18 million in a Series A funding round. According to a Wednesday (Jan. 25) press release...

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Tech Firms Usher in Next-Gen AR Glasses for European Creators
Tech Firms Usher in Next-Gen AR Glasses for European Creators
January 10, 2023  |  emea

Recent Big Tech moves highlight advancements in the design of augmented reality (AR) glasses. While the concept has been around for a while — it’s...

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Convenience Stores Lose Their Way With Forays Into Metaverse
Convenience Stores Lose Their Way With Forays Into Metaverse
January 03, 2023  |  Metaverse

Convenience stores’ recent moves into the metaverse bely industry-wide confusion about their value proposition. Take, for instance, 7-Eleven. Korea Seven, a franchisee of the convenience...

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Meta Acquires Luxexcel in Quest to Develop AR Glasses
Meta Acquires Luxexcel in Quest to Develop AR Glasses
January 03, 2023  |  Acquisitions

Meta has bought Dutch 3D lens printer Luxexcel for an undisclosed sum. The acquisition, which was first reported by Belgian newspaper De Tijd Wednesday (Dec....

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Metaverse Meltdown Looks Poised to Continue into 2023
Metaverse Meltdown Looks Poised to Continue into 2023
January 01, 2023  |  Metaverse

New year, new opportunity — but for the metaverse meltdown, well, that seems poised to continue. By the looks of it, the metaverse (and Meta’s...

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Amazon Stock Cut in Half as eCommerce Giant Can’t Stem Slump
Amazon Stock Cut in Half as eCommerce Giant Can’t Stem Slump
December 28, 2022  |  Amazon

From an all-time high in 2021 to a 3-year low in 2022, Amazon will ring in the New Year about half as large as it...

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