The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, announced that it invested more than $590 million into Magic Leap, a US-based firm that specializes in virtual reality headsets. The strategic investment positions Magic Leap perfectly to compete directly with industry giants like Meta and Apple in the rapidly growing augmented and virtual reality… Continue reading Saudi Arabia’s Sovereign Wealth Fund Invested In Magic Leap
Tag: Apple
Apple Vision Pro: Confirming The Release Date And Price Details
Apple has dominated the tech space for years. However, it has been nearly six years since the firm launched its last major project, the Apple Watch. Nonetheless, all that is about to change with the much-expected release of their new product, the Vision Pro headset. Highly Expected Launch After months of rumors and speculation, Apple… Continue reading Apple Vision Pro: Confirming The Release Date And Price Details
The EU Is Leading The Way In The Metaverse And Web3
The European Union (EU) has already adopted a proactive stance towards emerging technologies, surrounding the metaverse, artificial intelligence (AI), and cryptos. With strategic foresight, the EU strives to take the lead in these revolutionary fields while also reducing the risk of Big Tech companies gaining overwhelming dominance. Interestingly, the EU is adopting these proactive measures… Continue reading The EU Is Leading The Way In The Metaverse And Web3
Apple Bans NFTs Use To Unlock Content And Features In App Store
Tech giant Apple recently unleashed guideline updates that limit user interaction with NFTs in its App Store. Apple has now blocked apps on its App Store from using nonfungible tokens (NFTs). Based on official reports, the move is meant to discourage NFT buyers and sellers from transacting their business in-app. Notably, Apple wants these businesses… Continue reading Apple Bans NFTs Use To Unlock Content And Features In App Store