đź’Metaverse and VR Funding Declines Despite Apple’s Vision Pro Launch
Metaverse and VR startup funding has hit a multi-year low, with only $758 million raised this year as consumer interest wanes. Even Apple’s Vision Pro struggled with slow sales, possibly halting production due to its high price tag and limited consumer integration. As companies like Meta and Apple explore cheaper alternatives, the future of immersive wearable devices hinges on accessibility and practical use.
đź’Metaverse and VR Funding Declines Despite Apple’s Vision Pro Launch
Metaverse and VR startup funding has hit a multi-year low, with only $758 million raised this year as consumer interest wanes. Even Apple’s Vision Pro struggled with slow sales, possibly halting production due to its high price tag and limited consumer integration. As companies like Meta and Apple explore cheaper alternatives, the future of immersive wearable devices hinges on accessibility and practical use.
Some people used the platform to organize ahead of the storming of the U.S. Capitol in January 2021, and last month Senator Mark Warner sent a letter to Durov urging him to curb Russian information operations on Telegram. Right now the digital security needs of Russians and Ukrainians are very different, and they lead to very different caveats about how to mitigate the risks associated with using Telegram. For Ukrainians in Ukraine, whose physical safety is at risk because they are in a war zone, digital security is probably not their highest priority. They may value access to news and communication with their loved ones over making sure that all of their communications are encrypted in such a manner that they are indecipherable to Telegram, its employees, or governments with court orders. The Security Service of Ukraine said in a tweet that it was able to effectively target Russian convoys near Kyiv because of messages sent to an official Telegram bot account called "STOP Russian War." Just days after Russia invaded Ukraine, Durov wrote that Telegram was "increasingly becoming a source of unverified information," and he worried about the app being used to "incite ethnic hatred." What distinguishes the app from competitors is its use of what's known as channels: Public or private feeds of photos and videos that can be set up by one person or an organization. The channels have become popular with on-the-ground journalists, aid workers and Ukrainian President Volodymyr Zelenskyy, who broadcasts on a Telegram channel. The channels can be followed by an unlimited number of people. Unlike Facebook, Twitter and other popular social networks, there is no advertising on Telegram and the flow of information is not driven by an algorithm.
from ca
