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Mark Zuckerberg reveals Meta’s virtual reality headsets

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Virtual reality might not be as far into the future as you think

Meta announced earlier this year that it’ll spend over USD 10 billion on virtual reality and augmented technologies.

This includes computerised glasses or headsets that the company’s CEO Mark Zuckerberg revealed on social media.

The new technology would aim to create a metaverse superimposing digital objects over the real world.

If the company succeeds it will have a new revenue stream of hardware sales.

The virtual reality market is not currently saturated with Meta leading headset sales.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Companies to pay extra for verified Twitter accounts

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Elon Musk has announced that companies and brands will have to pay $1,000 per month – plus an additional $50 per sub-account – to get verified check-marks on Twitter

The new pricing falls under the new Twitter Blue for Business service.

Within the next few months, only paying Twitter customers will have verified status.

Twitter has stacked on $12.5 billion in debt, and this move hopes to increase subscription revenue to meet Musk’s obligations.

Advertisers halted spending on Twitter after the takeover, but Twitter has since announced partnerships with two brand-safety vendors to win back marketers.

Musk also announced that Twitter would start sharing ad revenue with creators for “ads that appear in their reply threads”, but didn’t provide further detail.

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BMW to invest €800 million in Mexico

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BMW is set to invest €800 million in Mexico, to produce its next generation of high-voltage and fully electric batteries

 
The carmaker is looking to convert more than half of its sales into all-electric cars by 2030.

Construction will begin next year with production beginning in 2027.

The announcement follows several other major expansions from the automaker in recent months, including a $1.7 billion investment in the United States.

The move will add around 1,000 new jobs to its Mexico operations.

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Tech

Future Airplane Design

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What will the next generation of aircraft look like?

 
From the dawn of time, man has dreamed of flying.

Now, more than 100 years since the first flight, airlines and aircraft manufacturers are trying to work out the future of flight.

This Ticker Original takes you behind the scenes as designers look to the future of flight. #aviation #boeing #aircraft

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