Thursday, December 19

Tag: insights

Meta’s smart glasses: The future is here…?
Life Style, Lifestyle

Meta’s smart glasses: The future is here…?

Credit: Meta Meta's smart glasses aren't named "Stories" any longer. These days, they are simply known as smart glasses. The Ray-Ban Meta Smart Glasses are the technical name for the new model Meta just announced, and the firm will gladly correct you if you call them anything else, but they are just smart glasses. No ifs, ands, or strange names attached to it. The new glasses, which Meta just unveiled at its Connect launch event, are available for preorder now and will go on sale starting on October 17 for $299. They serve two main functions. The first is to swap out your headphones for the smart glasses, which have a similar personal audio system to the Bose Tempo series and Amazon's Echo Frames, which all play music but work to ensure that only you can hear it. With the new genera...
Frank Rubio, first U.S. astronaut to spend 365 days in space
Science, The IKON

Frank Rubio, first U.S. astronaut to spend 365 days in space

Frank Rubio. Credit: NASA Frank Rubio becomes the first U.S. astronaut to spend one year in space. Others have gotten close, but only four other people—all Russians—have ever reached the 365-day milestone. Sergey Prokopyev and Dmitri Petelin, two additional Russians, have been added to the list in addition to Rubio. Expedition 68 cosmonaut Dmitri Petelin of Roscosmos, left, Sergey Prokopyev of Roscosmos, and Frank Rubio of NASA. Photo Credit: NASA The trio arrived on Soyuz MS-22 last year and were forced to remain an additional six months after the spacecraft had a technical malfunction and had to be replaced, causing a modification in the crew rotation timetable. He returned to Earth on September 27 with Prokopyev and Petelin. Speaking to reporters, their extra days in...
Singapore is the largest real estate investor in Japan in 2023
Business

Singapore is the largest real estate investor in Japan in 2023

According to Knight Frank LLP, Singapore became the largest investor in Japan's real estate market this year, drawn in by the weak yen and rising demand in the logistics and hospitality sectors. In a report released this month, the city-state has brought in about US$3 billion (RM14 billion) so far in 2023, followed by investors from the US, Canada, and the United Arab Emirates. Christine Li, head of Asia-Pacific research at Knight Frank, said that the purchase of six warehouses in Japan by Singapore's sovereign wealth fund GIC Pte from Blackstone Inc. for US$800 million played a big role in that. GIC Chief Investment Officer Jeffrey Jaensubhakij recently labeled Japan as a "very cheap" market with significant upside potential. International investors are drawn to the country'...
Carousell is well-capitalised and has seen “healthy” loss reduction
Business, Finance

Carousell is well-capitalised and has seen “healthy” loss reduction

Carousell, the online classified operator is still well-funded by investors and getting an IPO is not the only way to raise money, its chief executive Quek Siu Rui said. “We’re so well-capitalised now that it gives us the ability to stay focused on execution, “When the time comes for us to think about capital raises, we will look at all options, IPOs being one of them. But there are also many other capital-raising options,” he said, noting that while the company has the backing of long-term investors, they are also open to other capital-raising alternatives as well. Carousell has been considering going public, since the firm was previously reported to be in merger talks with the American-listed special purpose acquisition company L Catterton Asia Acquisition. However, conv...
Mark Zuckerberg and Priscilla Chan wants to eradicate human disease by 2100
Innovation/ Technology, Leadership, Science

Mark Zuckerberg and Priscilla Chan wants to eradicate human disease by 2100

Mark Zuckerberg and Priscilla Chan Priscilla Chan and Mark Zuckerberg recently revealed their goals to end all human sickness by 2100. They intend to create a computing system that researchers may use in conjunction with AI to categorise cells and forecast how they will behave when diseased. According to Chan and Zuckerberg, the data might be utilised to produce new discoveries that fully eliminate human disease. The high-performance computer cluster, which will include 1,000 or more GPUs, will enable AI and huge language models for biomedicine at scale. “AI is creating new opportunities in biomedicine, and building a high-performance computing cluster dedicated to life science research will accelerate progress on important scientific questions about how our cells work. “De...
Forbes: Asian millionaires are increasing their hotel investments in Singapore
Business, Lifestyle

Forbes: Asian millionaires are increasing their hotel investments in Singapore

At least ten billionaires, including Pansy Ho of Hong Kong and Sukanto Tanoto of Indonesia, are investing more than S$6 billion (US$4.4 billion or RM20.57 billion) in the development of additional hotels and the expansion of their businesses throughout the city state. According to a report published on Wednesday by Forbes Asia, Singapore's main shopping district, Orchard Road, will house several of the city-state's newest hotels as part of a revitalization plan for the surrounding area. According to the report, UOL Group is already hard at work converting the site of the Faber House building on Orchard Road into a 19-story hotel with 200 rooms for its visitors. And that project started just as UOL opened another hotel a few blocks away. According to Forbes, the Pan Pacific...
Think-tank ranks Singapore as the “freest economy in the world,” dropping Hong Kong for the first time since 1970
Business, Finance, Politics

Think-tank ranks Singapore as the “freest economy in the world,” dropping Hong Kong for the first time since 1970

According to the most current rankings compiled by a Canadian think tank, Hong Kong's half-century reign as the world's freest economy has come to an end, citing deteriorating judicial independence as one reason. For the first time since the index's inception in 1970, the Asian financial hub slid to second place. The Fraser Institute analysis, which was released on Tuesday, is based on data from 2021, and the organisation predicts that the city's rating will decline even further in the next few years. “Hong Kong’s recent turn is an example of how economic freedom is intimately connected with civil and political freedom,” said Matthew Mitchell, senior fellow at the Fraser Institute, in a press release. Singapore took first place over Hong Kong, with Switzerland, New Zealand...
Wise, Malaysia’s first non-bank to accept Apple Pay and Google Pay
Finance, Innovation/ Technology

Wise, Malaysia’s first non-bank to accept Apple Pay and Google Pay

Wise, an online money transfer service, now allows Malaysian clients to add their card to Apple Pay or Google Pay on their iOS or Android devices. Wise says that it is the first non-bank to do so in Malaysia. Users must launch the Wise app and select the card tab to view all of their available cards. Then they can choose the card they want to add and hit "Add to Apple Wallet" or "Add to G Pay." They will subsequently be able to use them to pay in-store, online, or in-app, as well as on local and foreign public transportation. Customers can add up to three digital cards to Apple Pay or Google Pay in addition to the actual card. These digital cards can be frozen after each purchase and have unique card details for an additional degree of security. Customers can store and spe...