The company partnering with Trump Media & Technology Group acknowledged the inquiries in a filing it made with regulators on Monday. It also gave some financial forecasts for the company, which is hoping to rival Twitter and other platforms that banned Trump. The company said over the weekend that it's lined up $1 billion in promised investments from a group of unnamed institutional investors.
Facebook Gaming is adding a new feature that lets viewers join streamers in multiplayer. The feature is called “play with streamer’ and lets viewers hop into game streams with their favorite personalities. The new feature is available for Pac-Man and Worlds FRVR games.
Government says immersive technologies have potential to "transform" therapy and healthcare. Using virtual-reality kits to treat pain and phobias could save the NHS £2m every year. Sarah Hill, who suffered a brain injury, finds the virtual- reality kit very helpful.
The global market for Artificial Intelligence (AI) Robots estimated at US$5.2 Billion in the year 2020, is projected to reach a revised size of US$21.4 Billion by 2026. Hardware segment currently accounts for a 43.2% share of the global Artificial Intelligence Robots market.
Lucid Motors says it has received a subpoena from the SEC. The electric vehicle maker's shares plunged 10% in early trading. The probe "appears to concern" the SPAC deal that took it public earlier this year. Lucid raised $4 billion through its combination with Churchill Capital Corp.
Google TV is adding yet another cord-cutting option to its live TV tab. Pluto TV is the fourth streaming service to grab a spot on Google TV's tab. Users can now access more than 300 free channels from the platform's primary live TV hub. The new integration will be supported on all Google TV devices within the coming weeks.
Global advertising industry will notch higher growth this year than previously expected. Brands are relying more heavily on search engine and social-media companies to reach customers. Brands have continued to advertise online and promote ecommerce as in-store shopping has been slow to return due to the ongoing pandemic. GroupM forecast global ad spending to grow 22.5% in 2021 from the previous year.
Morgan Stanley predicted a $100 billion base valuation for SpaceX in October. The report was based on the company's Starlink satellite business. On Thursday, SpaceX launched 48 Starlink satellites into orbit off the coast of Florida. Morgan Stanley: Starlink is the largest contributor to the estimated $100billion valuation.
UK-based company Engineered Arts shows off its humanoid robot in a video. The robot, called Ameca, is shown making a series of incredibly human-like facial expressions. Ameca doesn't walk, flip, or do parkour like Boston Dynamics' Atlas robot does.
The Federal Trade Commission says the deal would give Nvidia unlawful control over technology. The FTC says it is cooperating with other regulators, including in Japan and South Korea. The deal also faces scrutiny in the U.K., where Arm is based; the European Union; and China.