Money

Meta reveals new virtual reality development

Published

2 years ago

June 23, 2022

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

Meta announced earlier this year that it’ll spend over 10 billion dollars 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.

Related Topics:meta Tech trending virtual reality

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William Howard

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

Leaders

Trump will plead not guilty to revised 2020 election criminal charges

Published

4 days ago

September 5, 2024

ticker NEWS

Former U.S. President Donald Trump will plead not guilty to fresh criminal charges in a revised indictment accusing him of attempting to overturn the 2020 election.

In a court filing, Trump waived his right to appear in court, authorising his lawyers to enter the plea on his behalf.

This revised indictment, brought by Special Counsel Jack Smith, maintains the original four charges, including obstructing Congress and defrauding the United States. #featured #trending

Leaders

Harris promises to boost SME in the U.S. with $50,000 tax deduction

Published

5 days ago

September 4, 2024

ticker NEWS

Vice President Kamala Harris is set to propose a significant tax deduction for new small businesses.

Under the plan, startups could claim up to $50,000 in tax deductions, providing crucial financial relief during the critical early years of operation.

This initiative aligns with efforts to stimulate economic growth and job creation across the country, particularly in sectors hard-hit by the pandemic. #featured #trending