#Snap to buy AR company WaveOptics for over 0M

#Snap to buy AR company WaveOptics for over $500M

“#Snap to buy AR company WaveOptics for over $500M”  Snap Inc said Friday it will acquire WaveOptics, a British augmented reality technology company, for over $500 million. The deal, first reported by The Verge and confirmed by a Snap spokesman, will help the owner of photo messaging app Snapchat push its way into a future where AR eyewear could be ubiquitous….

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#Microsoft wins  billion deal to make AR headsets for US Army

#Microsoft wins $22 billion deal to make AR headsets for US Army

“#Microsoft wins $22 billion deal to make AR headsets for US Army” Microsoft won a nearly $22 billion contract to supply U.S. Army combat troops with its augmented reality headsets. Microsoft and the Army separately announced the deal Wednesday. The technology is based on Microsoft’s HoloLens headsets, which were originally intended for the video game and entertainment industries. Pentagon…

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#Facebook weighs adding facial recognition to smart glasses

#Facebook weighs adding facial recognition to smart glasses

“#Facebook weighs adding facial recognition to smart glasses” Facebook is weighing whether to add facial recognition technology to the smart glasses it’s developing, one top executive says. The tech titan plans to have a public discussion about the feature’s “pros and cons” in light of the ethical concerns it raises, according to Andrew Bosworth, the…

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#AR isn’t just ‘exciting’, it’s practical: Here’s how to use it for your business

#AR isn’t just ‘exciting’, it’s practical: Here’s how to use it for your business

Augmented reality might seem like a daunting new frontier for the average business, but adopting this new technology is a lot easier than it seems. With an anticipated 3.8 billion smartphone users in 2021, more people are using mobile tech to experience the world, from enhanced museum tours to Animoji. If you haven’t already considered it, AR…

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