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Facebook changes its name and what it means for our future

25Nov By PriyankaNo Comments

News

Facebook changes its name and what it means for our future

California, 24th Nov 2021: Facebook Inc. is now officially named Meta Platforms Inc., or simply: Meta. The company owned by Mark Zuckerberg is undergoing a rebrand that will shift the core business of the social media giant into a new realm that will begin to develop an industry forged in the concept of the Metaverse. The Metaverse is a relatively new concept that’s beginning to gain momentum in the technological and innovational agendas. The metaverse refers to the digital and virtual environments that are ever-present in our daily activities that involve entertainment, work, or even dating. When you log in to your gaming console to play GTA Online, you’re entering the metaverse. When you join a Teams meeting, you’re also making use of the metaverse, and when you chat online thru d...

Adobe Acquires Oculus VR Tool Medium from Facebook

9Dec By PriyankaNo Comments

ACQUISITION

Adobe Acquires Oculus VR Tool Medium from Facebook

In one of the biggest development in the VR industry, Social media platform Facebook-owned virtual reality firm Oculus sell-off its 3D sculpting tool 'Medium' to Adobe. The size of the deal has not been disclosed yet. Launched in 2016, Medium enables users to build their own 3D models in a VR, where you can sculpt, paint and simulate action and with Adobe’s support, Medium will be able to better help creators thrive and shape their 3D visions than ever before. The move of selling the Oculus tool surprised everyone but according to sources of Pixr8, maintaining the Medium team was becoming too expensive for Facebook given that Oculus had pumped in a lot of money in its tool. Also, the deal from Adobe was lucrative that Facebook can't refuse. As per the statement, the O...

27Nov By AdityaNo Comments

ACQUISITION

Facebook Acquire VR Studio ‘Beat Games’

Facebook-owned Oculus is buying the studio behind hit virtual reality game "Beat Saber" as it looks to expand VR technology to wider audiences. Oculus, which makes Rift and Quest VR headgear, did not disclose financial terms of the deal to acquire Prague-based Beat Games. "Beat Games is joining us in our quest to bring VR to more people around the world," Oculus director of augmented and virtual reality content Mike Verdu said in a blog post. "Beat Games' accomplishments are already impressive, but Facebook and the Beat Games team know that there is so much more that can be done across VR, games, and music." Verdu assured players that the studio would continue to ship content and updates for "Beat Saber" on platforms where it is already available. In the virtual game, playe...

These are the Best VR Experiences in 5 Years

30Aug By No Comments

Tech

These are the Best VR Experiences in 5 Years

If one thing has become clear about virtual reality in the last two years, it’s that it’s going to take time to develop into what we all want it to be. Right off the bat VR was capable of some awfully impressive things, and it has definitely gotten better over the course of roughly two-and-a-half years of public attention. Even now though, in mid-2018, VR can feel vaguely lacking - as if we’re right on the cusp of something truly incredible, but we haven’t quite gotten there yet. In the coming years, VR is going to wow us through headlines across all walks of life. It’s going to facilitate breakthroughs in healthcare, and it’s going to restructure certain kinds of education and training. It may change how we watch sports, and help us to visit faraway places in a way that feels real. Eve...

23Feb By NitishNo Comments

INDIA

When Indian President Played Cricket at UP Investors Summit

iB Cricket , a revolutionary Virtual Reality Cricket Sport (vSport), developed by ProYuga Advanced Technologies was launched in the presence of the Hon’ble President of India Shri Ram Nath Kovind. He played the first ball of iB Cricket, which is going to be released worldwide in April 2018. It was all smiles when President of India plays the first ball of iB Cricket. “Wow, yeh toh badiya hai, kaunsa stadium hai yeh?”, says President Shri. Ram Nath Kovind expressing his amusement after playing iB Cricket. Shri Yogi Adityanath Chief Minister of Uttar Pradesh was also present during the launch. The custom made electronic bat used in the game was also unveiled in the presence of Union Minister Shri Ravi Shankar Prasad, Electronics and IT minister of India who appreciated the tea...

Facebook to combine AR, VR and News Feed with 3D Posts

22Feb By Sabhyata AgarwalNo Comments

Tech

Facebook to combine AR, VR and News Feed with 3D Posts

Facebook users should gear up for some stimulating news. The Facebook Inc.’s Andrew Bosworth, head of virtual and augmented reality products and hardware, announced that the social media company will make its "biggest AR/VR news" to date at the upcoming Facebook Developer (F8) Conference in May. Under 70 days to go until our biggest F8 to date -- where we'll share the biggest AR/VR news from Facebook to date. https://t.co/hHXeEIdJaW — Emotional Support Boz (@boztank) February 21, 2018 Facebook has been consistent in coming up with new features such as 360 photos, Live videos and GIFs which have helped them in keeping the users mainly the youth interested, and now it is polishing its standard to a new level. Last year, in October Facebook debuted with posts of 3D M...

SV.CO, Facebook To Partner With Academia For Tech Training

14Dec By Press Trust of IndiaNo Comments

News

SV.CO, Facebook To Partner With Academia For Tech Training

Start-up Village Collective, in association with Facebook, will partner academic institutions to train students on latest technologies developing globally, starting with virtual reality technology. "Most of the companies work with US universities to reach out to students and build innovative product and application on emerging technologies. We in partnership with Facebook will take up every new technology to students in India and train them on it," Start-up Village Collective (SV.CO) Chairman Sanjay Vijayakumar today said. Under the School of Innovation program, select students will be trained by SV.CO and Facebook. "Facebook will give students scholarships and there will be no fee charged from them for training," Vijaykumar said. "Our aim is to bring Indian students at par with ...

Comic Character Creator Graphic India Secures $5M Funding

4Dec By PriyankaNo Comments

News

Comic Character Creator Graphic India Secures $5M Funding

Comic characters and story creator for digital and mobile platform startup Graphic India Pte Ltd has raised $5 million funding from Liquid Comics LLC. Start Media LLC, 3One4 Capital, Julian Farrior, co-founder of Backflip Studios Inc., and Neeraj Bhargava, founder of Zodius Capital were also present in the round. The raised development will be utilised to launch its animated characters on a global scale and penetration in TV/film distribution and VR content. The company is currently in the business of of digital comics creation and animation content in partnership with celebrities and animators including Stan Lee, Amitabh Bachchan, Grant Morrison, S.S. Rajamouli, and Arka Mediaworks reported a financial daily. It has developed fantasy characters and shows including Chakra: The Inv...

27Nov By PriyankaNo Comments

FUNDING

Sachin Tendulkar Backed Gaming Startup Smaaash Raises Funding

Cricket master-blaster Sachin Tendulkar backed virtual reality gaming startup Smaaash has raised $3.8 million funding from VC firm Sixth Sense Ventures. Mumbai based investor firm has invested this money which is the part of a larger round spread over by the next week. Post these rounds, the gaming startup is expected to reach a valuation of around a hundred million US dollars. “I believe SMAAASH will have an extremely interesting journey, being an entertainment player with a compelling product proposition and a futuristic global gaming play,” said Nikhil Vora, VC firm head. Vora has joined the company’s board of directors as part of the transaction. Also Recommended Bitcoin Soon To Embark $10,000 Cryptocurrency Craze Increases Elon Musk In His Bet, Built The Bi...

10Oct By PriyankaNo Comments

FUNDING

Virtual and Augmented Reality Startup GridRaster Bags $2 Mn Seed Funding

Palo Alto, California and Bengaluru based startup GridRaster, bagged a seed funding of $2 million from a clutch of investors including Exfinity Ventures, Lumia Capital, Pipeline Capital, NexStar Partners, Unshackled Ventures and Explorer Group. The startup works on enabling high-end virtual and augmented reality experiences on mobile devices, using multiple stack approach. The company plans to utilize the fund in the development of their product and its marketing. The USP of the startup is its ability to host high-quality graphics, around 10 times better, the startup claims. GridRaster claims it solves this problem by hosting the underlying infrastructure on the cloud and managing loads across servers independently. This helps to optimize VR/AR content within the available bandwid...

Now Interact in Virtual Reality Using Your Smile

9Oct By Press Trust of IndiaNo Comments

Tech

Now Interact in Virtual Reality Using Your Smile

Scientists have developed a new technology that allows users to interact in a virtual reality environment using only mouth gestures such as a smile. The proliferation of affordable virtual reality head- mounted displays provides users with realistic immersive visual experiences. However, head-mounted displays occlude the upper half of a user's face and prevent facial action recognition from the entire face. To combat this issue, researchers from Binghamton University in the US created a new framework that interprets mouth gestures as a medium for interaction within virtual reality in real-time. The team tested the application on a group of students. Once a user put on a head-mounted display, they were presented with a simplistic game. The objective of the game was to guide t...

Bengaluru Based Virtual Reality Startup Absentia Raises Rs 8 Crore

18Apr By RishabhNo Comments

FUNDING

Bengaluru Based Virtual Reality Startup Absentia Raises Rs 8 Crore

Absentia, a bengaluru based virtual reality startup raised Rs 8 crore in a pre-series-A round. Investors like Exfinity Venture Partners, former Infosys executives V Balakrishnan and Mohandas Pai, Deepak Ghaisas and Girish Paranjpe participated in the round of funding. The company will use this fund to build Norah AI, an artificial intelligence engine that can create interactive content for games with minimal human intervention. According to the company, AI can create a completely new set of interactive content for arcade games, casual games, puzzles, animation and graphics.Norah. “With Norah AI, we are aiming to become the world's first auto content-generation company with a focus on the media and entertainment segment. Over the past few months, the team has been successful ...