Thailand-based metaverse startup Translucia Global Innovation, in collaboration with the Australian software development company Two Bulls, has set aside a $100 million initial budget for constructing a Melbourne-based Metaverse Research and Development Center (MRDC). The T&B Media Global art and entertainment corporation, which owns Translucia, began its Translucia Metaverse project in October 2021 with a […]
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The medical field has been benefiting a lot from technological advancements. The diagnostic, monitoring, and treatment tools have been getting smaller in size with ubiquitous usage capabilities and smarter decision-making. Ultrasound technology uses sound frequencies outside the human audible band, that is, above 20 kilohertz. These safe waves are reflected from body structures, and processed […]
LincTex Digital, best known for developing its virtual try-on technology for fashion e-commerce, raised $100 million in a fund-raising round led by Hillhouse Capital and CDH Investments, according to the company’s official WeChat account. The money has been earmarked for international expansion and a further shift into the digital fashion realm, it said on Tuesday. […]
The digital world has been witnessing intermittent events that change how we interact, access information, complete our daily activities, and basically live our daily life beyond our physical connections. Probably the first prominent introduction was the Internet and the world wide web in the nineties. The next awaited event is the advent of the Metaverse, […]
Momentum for embedded SIMs, or eSIMs, is accelerating in the consumer market. By 2025, 60 per cent of smartphone unit sales will be eSIM-compatible, and eSIM shipments increased 83 per cent year-on-year in 2020. These facts alone would make anybody assume eSIM adoption has been virtually problem-free. However, despite significant breakthroughs, the market has experienced […]
One by one, over the last week of May, Twitter Inc rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients. “It was traumatic,” Iris Guo, an incoming associate product manager living in Toronto, […]
The advances in computing and communications wouldn’t have been possible without the transistor. This small semiconductor device invented at Bell Labs in 1947, has allowed the proliferation of integrated circuits, the core element in any hardware component. The latest semiconductor shortage is a clear reflection of the important place it has in current technologies. Over […]
The U.S. and NASA will soon put nuclear power on the Moon thanks to Department of Energy (DOE) cooperation. The space agency announced on its website that three design proposals for a nuclear fission system that may be installed on the lunar surface had been shortlisted by the agencies, and the promise of at least […]
Major crypto firm Tether said on Wednesday it will launch next month a “stablecoin” pegged to the British pound, a move that comes as London draws up plans to regulate the fast-growing type of digital currency. Stablecoins are cryptocurrencies designed to keep a steady value against traditional currencies or commodities such as gold. They seek […]
Engineering is at the core of technological advancements. Without the efforts of engineers around the world, no breakthroughs and innovations would have been possible. The latest sciences and engineering indicators report indicates that the number of women in sciences, technology, engineering, and math (STEM) represented 34 percent of the total workforce. In 2021, 14 percent […]