Tech Brew Ride Home Fri. 05/21 – Snap Is Dead Serious About This AR Stuff
May 21, 2021
Snap unveils cutting-edge augmented reality glasses, taking a significant step in the AR market. Netflix is eyeing the gaming sector to stimulate growth amid challenges. The U.S. Treasury is ramping up regulations on cryptocurrency, targeting tax compliance. Twitter revamps its verification process, allowing broader access for users. Plus, innovations in sustainable technology are showcased, raising exciting possibilities for the future.
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Snap's AR Glasses Not Ready for Primetime
- Snap's AR glasses' 30-minute battery life indicates they're not ready for everyday use.
- The company aims to build buzz among AR creators before a wider release.
Snap's AR Glasses for Creators
- Snap released new AR glasses at its Partner Summit, focusing on creators.
- These glasses aren't for sale yet; they're being given to AR effect creators.
Snap Acquires WaveOptics
- Snap acquired WaveOptics, its AR display supplier, for over $500 million, its largest acquisition ever.
- This underscores Snap's commitment to AR and preempts competitors like Google, Apple, and Facebook.