Blog posts


Backed by LG, AmazeVR is hoping to resurrect virtual reality’s consumer dreams

Backed by LG, AmazeVR is hoping to resurrect virtual reality’s consumer dreams

For more than 100 years, entrepreneurs have come to Hollywood to try their luck in the dream factory and build an empire in the business of storytelling. Propelled by new technologies, new businessmen have been landing in Los Angeles since the invention of the nickelodeon to create a studio that would dominate popular entertainment. Over the past five years, virtual reality was the latest new thing to make or break fortunes, and the founding team behind the Korean company AmazeVR are the latest would-be dream-makers to take their turn spinning the wheel for Hollywood fortunes. Despite billions of dollars in investment, and a sustained marketing push from some of the biggest names in the technology industry, virtual reality still doesn’t register with most regular consumers.
To power Prime one-day shipping, Amazon asks sellers to send it more stuff

To power Prime one-day shipping, Amazon asks sellers to send it more stuff

Amazon is offering deep warehouse discounts to its sellers in a bid to jump-start its Prime one-day shipping program. The company last month announced plans to transition its popular Prime membership deliveries from two-day shipping to one day. To increase the number of items it can offer for one-day delivery, Amazon will need to have more stuff spread around its US warehouses, where it can be closer to more customers. So, the company on Wednesday sent out an email to sellers, offering discounts of up to 75% on Amazon warehouse storage fees in exchange for sellers storing more of their most popular products with the company. Amazon stores, packages and ships independent sellers' items through a program called Fulfillment by Amazon. 
Apple has a plan to make online ads more private

Apple has a plan to make online ads more private

For years, the web has been largely free thanks to online ads. The problem is that nobody likes them. When they’re not obnoxiously taking over your entire screen or autoplaying, they’re tracking you everywhere you go online. Ads can track where you go and which sites you visit and can be used to build up profiles on individuals — even if you never click on one. And when you do, they know what you bought and then they share that with other sites so they know you were up late buying ice cream, cat food or something a little more private. The obvious logic would be to use an ad-blocker. But that’s not what keeps the internet thriving and available. Apple  says it’s figured out some middle ground that keeps ads alive but without their nefarious ad tracking capabilities.
Snapchat Takes Down Porn Lenses, May Start Cat-and-Mouse Game

Snapchat Takes Down Porn Lenses, May Start Cat-and-Mouse Game

Snapchat quickly removed a handful of x-rated augmented reality lenses Tuesday, dealing a blow to efforts by adult entertainment company Naughty America to promote its subscriptions to the service’s users. However, the porn studio may not be quite done with Snapchat just yet, as it is still distributing the source files that allow Snapchat users to build their own naughty lenses. Naughty America had begun to distribute Snapchat lenses to its users earlier this week. The lenses allowed Snapchat users to super-impose porn stars in various states of undress over images of their own living room, and share the results with their friends on the service.
Amazon considered letting Alexa listen to you without a wake word

Amazon considered letting Alexa listen to you without a wake word

A patent made public today and filed by Amazon would allow the company's voice assistant Alexa to start recording audio before users say a "wake word." According to the patent, it would allow users to more naturally communicate with their devices, saying phrases like "Play some music, Alexa" rather than starting each command with "Alexa" or another chosen wake word. Currently, the voice assistant is unable to listen to or understand commands until the user utters the wake word. In practice, the patent would allow Alexa to "look backward" at recent things said aloud prior to hearing its name. For example, if a user said something like, "What's the weather going to be like today, Alexa?" the device would hear the trigger word "Alexa" and quickly go back over the prior phrase to process the command.
U.S. Opens Antitrust Probe of Real Estate Brokerage Industry

U.S. Opens Antitrust Probe of Real Estate Brokerage Industry

U.S. antitrust officials are investigating potentially anti-competitive practices in the residential real estate brokerage business, with a focus on compensation to brokers and restrictions on their access to listings. The probe was detailed in a civil investigative demand, which is akin to a subpoena, issued by the Justice Department to CoreLogic Inc., which provides real estate data to government agencies, lenders and other housing-market participants. The U.S. residential real estate industry has long faced criticism that it stifles competition among brokerages, protecting agent commissions that are higher than those paid by sellers in many other countries. In 2008, the Justice Department reached a settlement with the National Association of Realtors, a trade group, that was designed to lower commissions paid by consumers by opening the industry to internet-based brokers.
House Committee Approves Immigration Bill With Marijuana Protections

House Committee Approves Immigration Bill With Marijuana Protections

A congressional committee voted in favor of a wide-ranging immigration bill on Wednesday, and the legislation includes marijuana-related protections for people who were brought to the U.S. as children. Under the DREAM Act as approved, having low-level cannabis convictions, or engaging in state-legal cannabis-related activities such as working in the regulated marijuana industry, would not be counted against applications for permanent resident status for so-called Dreamers. The House Judiciary Committee advanced the bill in a 19-10 vote, without specific discussion about the cannabis provisions.
TSMC says its chips for Huawei do not fall under US hammer

TSMC says its chips for Huawei do not fall under US hammer

HSINCHU, Taiwan/TAIPEI -- The world's largest contract chipmaker has insisted it can continue delivering critical semiconductors to Huawei Technologies without triggering penalties from Washington's crackdown on the use of U.S. technology to supply the Chinese tech giant. Taiwan Semiconductor Manufacturing Co. became the first of Huawei's major suppliers to define the scale of its exposure to the new U.S. constraints, after taking advice from a leading U.S. law firm, which it declined to name
The Latest: PM May resigns, won’t lead Britain out of EU

The Latest: PM May resigns, won’t lead Britain out of EU

The Latest on Brexit and Britain's political crisis (all times local): 8:15 p.m. Theresa May has ended her failed three-year quest to lead Britain out of the European Union, announcing that she will step down as Conservative Party leader June 7 and triggering a contest to choose a new prime minister who will try to complete Brexit. May says Friday in a speech outside 10 Downing St. in London, that "I have done my best" before acknowledging that it was not good enough. She struggled to contain her emotions and her voice broke as she expressed "enduring gratitude to have had the opportunity to serve the country I love."
Tether in court: Yep, we sort of, kind of, definitely used our reserves to buy Bitcoin

Tether in court: Yep, we sort of, kind of, definitely used our reserves to buy Bitcoin

It appears that contrary to its marketing promises, Tether – a cryptocurrency pegged to the US dollar – used some of its dollar reserves to buy Bitcoin $BTC▼4.29%. The stablecoin issuer, which shares management and ownership with cryptocurrency exchange service Bitfinex, has admitted it used its reserves to invest in Bitcoin and other “assets,” according to court transcripts obtained by The Block. The court documents further show New York Supreme Court Judge Joel M. Cohen is growing increasingly suspicious of Bitfinex’s and Tether’s dealings – especially after the companies recently admitted the stablecoin is not entirely backed by cash (which is Tether’s main marketing claim).


Questions?
Click here to chat with us

_