Technology

facebook

Facebook Opens its Virtual World App in the US and Canada

On late Thursday, Facebook, recently named Meta, announced that it would open Horizon Worlds, its virtual reality platform, in the United States and Canada. Correspondingly, owners of Meta Quest 2 headsets who are 18 years old and above could access the VR world.  Last year, the social media company initially unveiled this application with selected …

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Roku

Roku Inc. Strikes a Multi-Year Agreement with Google

Roku Inc. announced on Wednesday that it signed a multi-year deal with Google to retain YouTube and Youtube TV on its streaming platform. Correspondingly, the deal will allow the 56.40 million active Roku accounts to continue to access Google services without disruption. In line with this, shares of the digital media player company surged 18.23% …

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visa

Visa Inc. Launches Crypto Advisory Services

On Wednesday, Visa Inc. announced that it would offer new advisory services to assist its customers in navigating the cryptocurrency market. Accordingly, the financial services company formed its global crypto advisory team that will work alongside its consulting and analytics division. This segment will advise financial institutions, such as banks and merchants, on various virtual …

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instagram

Instagram Unveils Teen Safety Updates ahead of US Hearing

On Tuesday, Meta Platform’s Instagram announced that it would launch new features in an effort to improve teen safety in the application.  This change came a day before its Chief Executive Adam Mosseri will testify to the Senate Subcommittee on Consumer Protection, Product Safety, and Data Security. A series of reports revealed that Meta, formerly …

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amazon

Amazon Charters Cargo Vessels to Beat Supply Chain Chaos

Amazon, troubled by many logistical challenges, quietly started to charter cargo ships, produce its own containers, and lease planes.  Accordingly, the initiative is to beat bottlenecks in delivery networks as the global markets grapple with supply-chain crunch. Also, these costly moves will help the e-commerce giant avoid the most congested ports in the United States. …

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tesla

Tesla Seeks Tariff Exemption for Graphite from China

On Wednesday, Tesla filed three public comments to the US Trade Representative (USTR) requesting waivers for tariffs on graphite from China. Accordingly, the electric vehicle maker explained that these are essential to make the anode component of lithium-ion batteries in its cars.  In addition, it emphasized that only mainland China could provide the quantity of …

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Apple

Apple Loses Top Auto Engineer to Electric Aviation Startup

Apple Inc. lost Michael Schwekutsch, a senior member of its autonomous electric car team, to electric air taxi startup Archer. Accordingly, Schwekutsch joined the aviation firm as the senior VP of engineering. On Wednesday, he marked the change on his LinkedIn page. At Apple, he supervised the hardware work for the tech giant’s plan on …

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Amazon

Amazon Rang Up Record-Breaking Post-Thanksgiving Sales

Amazon.com mentioned on Tuesday that it hit record-breaking sales during the post-Thanksgiving rush.  This announcement flagged an upbeat outlook for the holiday shopping period that is lackluster for the retail industry. Accordingly, the e-commerce giant noted in a blog post that home goods, toys and apparel were the top categories from Black Friday to Cyber …

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