Square's 'TBDEX' project debuts white paper on Friday. The 18-page document sketchs out the design principles for the project. The paper suggests stablecoins could be used as a stand-in for fiat currencies. At the heart of the project are efforts to create an ideal balance of trust and identity.
Amazon announced a new version of its Halo fitness band at its September hardware event, which will cost $50 during the pre-order period. The device comes with a year-long Halo membership, which includes workouts and nutrition guidance, and it typically costs $4 per month.
The city will be circular to represent the shape of a large coin and will be built in the south-eastern region of La Unión, taking advantage of the Conchagua volcano's geothermal energy to power Bitcoin mining. The move led to large-scale protests over fears the cryptocurrency would bring instability and inflation to the impoverished Latin American country.
Disney has announced that it is coming to Disneyland hotel rooms in 2022. This will be available alongside Alexa in your room's Echo speaker and handle requests ranging from amenities through to stories and jokes. The wristband will be used to enter the park, make purchases and otherwise go touch-free, but also use a mix of lights, haptic feedback and gesture control.
With the immersive new Roblox platform, an online sports park and showcase for the brand's products, Nikeland is the first big step into the metaverse with the company filing trademarks related to virtual sneakers and apparel. The move is a signal that blue-chip marketers are trying to bridge digital and real-world strategies and engage young consumers who are familiar with gaming while averse to traditional advertising tactics.
Ford Motor plans to increase its production capacity of electric vehicles to 600,000 units globally by 2023, which CEO Jim Farley expects would make the company the second-largest U.S.-based producer of EVs, double the number of EVs the company had initially expected to produce over the next 24 months.
Stanford professor Jeremy Bailenson thinks that the metaverse will be empty as social experiences and games will come to define the space. Bailensen believes that education and work will remain the "killer apps" of virtual reality in the years to come. He also believes that the developers of the Metaverse can be conscientious about their carbon footprint.
Nonfungible tokens are experiencing a surge of interest from brands in 2021, representing an aspect of the so-called "metaverse," with a proliferation of branded merchandise and limited-edition product collaborations targeted at superfan consumers. While NFTs first hit the mainstream earlier this year, skeptics have been waiting for the bubble to burst and raised concerns about their environmental impact.
Apple may be sharpening the focus of its long-in-development electric car, shifting its attention to a fully self-driving car, not just a more conventional vehicle with semi-autonomous features. Apple supposedly finished much of the “core work” on the car’s processor, with an “ideal” interior with Lounge-like seating for passengers, a touchscreen infotainment system in the middle and no steering wheel or pedals.
More than 100 current and former Activision Blizzard employees participated in a protest to demand the resignation of Chief Executive Bobby Kotick after publication of a Wall Street Journal article about his handling of sexual misconduct issues at the videogame company.
Google has revealed 25 new vulnerabilities in the last two weeks, including seven of these as ‘High’ level threats. Linux, macOS and Windows users are all affected and need to take immediate action. Google is currently restricting information about these hacks to buy time for Chrome users to upgrade.
Gen Z is the largest and most ethnically diverse generation. They're taking advantage of today's tight job market to pursue jobs that offer purpose and direction. Seven in ten job seekers believe they don't need to meet in person to forge meaningful professional connections. Half of Gen Zers are friends with someone exclusively know online, and half of students prefer to interview virtually.