Fri, May 03, 2024

Technology

VR Treatment for Lazy Eye in Children Receives FDA Approval

VR Treatment for Lazy Eye in Children Receives FDA Approval

The Food and Drug Administration has approved a virtual reality-based treatment for children with visual impairment or lazy eyes. Patients watch movies and modified TV shows through a virtual reality headset to improve vision. According to Scott Xiao, founder of Luminopia, this is the first digital therapy tool that allows patients to watch their favourite …

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PayPal is in Talks to Buy Pinterest in $45 Billion

PayPal is in Talks to Buy Pinterest in $45 Billion

PayPal is in talks to buy social media company Pinterest. Shares of Pinterest rose on Wednesday after it was publicly announced that PayPal might acquire a social media company. The company’s shares were suspended twice before closing more than 12%. Meanwhile, PayPal closed at almost 5%. PayPal reportedly considered buying the company at a potential share price …

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Facebook and its cryptocurrency

U.S Lawmakers – Facebook Can’t Manage Cryptocurrency

U.S. Democratic senators have criticized Facebook for launching a digital wallet and released an open letter. A group of U.S. lawmakers said Facebook could not manage Cryptocurrency. They immediately called on the social media giant to stop launching the cryptocurrency wallet, the pilot version of Novi, found on Tuesday. The open letter states that Facebook’s …

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Tech giants, Alibaba’s affiliate Ant Group

Alibaba’s Answer to the Challenge – A New Server Chip

Alibaba, the Chinese e-commerce giant, released a new server chip on Tuesday. As it is known, the company intends to grow its cloud computing business and compete with a solid American competitor such as Amazon. A processor called Yitian 710 will be introduced in new servers as Panjiu. Servers and chips will not be sold …

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The Rising Yield On The US Treasury Heavily Impacts China

Pentagon’s ex-software chief said China has won AI battle

The Financial Timers revealed that the Pentagon’s former software chief, Nicolas Chaillan, announced China has won the AI battle with the United States. According to the latest news, the country is heading towards global dominance because of its technological progress. Furthermore, western intelligence assessments reveal that within a decade, China will likely dominate many key …

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Chip industry

The Shortage of Chips May Last for 2-3 Years – Here’s Why

According to the president of Hisense, the largest manufacturer of Chinese home appliances, the global shortage of chips may continue for another 2-3 years. From consumer electronics companies to automakers, most suffer from a lack of semiconductors. This has led to a deficit of devices such as game consoles. Manufacturers are struggling to meet demand. …

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Facebook and new opportunities

DPC proposed a fine of 36 million for Facebook’s failure

The Irish Data Protection Commission proposed a penalty to Facebook of 36 million euros. The commission has opened several cases connected to the social media giant. According to EU data protection rules 2018, the DPC must share the preliminary decision with all interested EU bodies and hear their views before final judgment. The Irish Commission …

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Cloud: Google Cloud sign photo.

Google’s Cloud Next ’21 digital event – New Features

Google Cloud is great for data storage and analytics, considering its capabilities. However, it has led to regression for data professionals. This is because the major providers have introduced multiple database platforms and left the customers with an arbitrary choice of the right combination of services. Gerrit Kazmaier, SAP Data and Analytics Executive Vice President, …

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How to Choose the Best Wearable Fitness Technology

How to Choose the Best Wearable Fitness Technology

No matter how much technology goes forward and evolves, we expect more and something new with the flow of time. Nowadays, it is straightforward to define and measure life activities using modern technology. Wearable technology is trendy today. People want to count steps, calories, know everything about their physical activities and see results. One of …

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Asian giant, China, is concerned about inflation

MicroPort Bought Hemovent for 123 Million Euros

MicroPort, a Chinese medical device maker, bought the German company Hemovent for 123 million euros. Hemovent manufactures extracorporeal life support systems. This technology is used to transport patients and save the field. MicroPort Surgery senior vice president, Zhiguang Cheng, noted that the company’s Department of Surgery is actively expanding its product range in the area …

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