PRESS RELEASE. [Singapore, April 12th 2024] Yala, a liquidity and stablecoin protocol, is excited to unveil its new vision for the future “to create a thriving, open ecosystem that unlocks the full potential of DeFi on Bitcoin”. This ambition reflects Yala’s dedication to catalyzing mass adoption of decentralized finance on the world’s most resilient blockchain, […]
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While Bitcoin has seen a pullback from its recently set new all-time high of $73,750 on March 14, currently trading down around 8%, other Bitcoin forks have fared much worse. Following the morning of the landmark ruling against Craig Wright on March 14, Bitcoin Satoshi’s Vision is down 17% against BTC.
Other Bitcoin forks, such as Bitcoin Cash, are also down against BTC but at a more modest 3% and 7%, respectively.
Craig Wright’s Bitcoin fork Bitcoin SV is down around 80% from its all-time high compared to Bitcoin, which is currently rocking around price discovery ranges. While Bitcoin SV is up around 360% from its all-time low set in July 2023 in dollar terms, it is near its all-time low when denominated in BTC.
The post Satoshi’s Vision down 17% against Bitcoin after Satoshi’s Verdict appeared first on CryptoSlate.
“‘I do think that there’s this whole vibe with Apple fanboys, which I find kind of a little funny, where it’s like a lot of people just get upset if you dare to question if Apple is going to lead in a new space.’”
That was Meta
META,
CEO Mark Zuckerberg talking about his recent review of Apple’s Vision Pro during an episode of the Morning Brew Daily podcast that was published on Friday.
In his review, Zuckerberg – not surprisingly – said Meta’s Quest 3 headset is not just a better value ($499 versus $3,499) but an overall better product than Apple’s Vision Pro headset.
“I just saw the media coverage around this was just sort of breathlessly assuming that, I think because it’s Apple
AAPL,
and because it was such an expensive product, like it must be the better one in quality, even though a lot of people are saying, hey, no, you should go buy Quest 3 because it’s the better price,” Zuckerberg said on the podcast.
Apple’s Vision Pro debuted on Feb. 2. It’s the company’s first VR headset. Meta’s Quest made its debut in 2019 and its Quest 3 came out in 2023.
See also: Meta, Apple are squabbling again over advertisers
“First of all, I’m not laughing at them. I take Apple seriously,” Zuckerberg said. “I think it’s like a good company. They do good work. I’m just laying out the facts as I see them today. I’m not saying that they’re not going to improve, but hey, we’re going to improve, too. And we’re a company that moves pretty quickly, so I actually think we’ll probably move faster.”
Of course, not everyone who has tried Apple’s new headset agrees with Zuckerberg. A Wall Street Journal Technology Columnist called it “the best headset yet.”
In Zuckerberg’s review of the Apple Vision Pro, which was posted on Instagram on Wednesday, he highlighted the Quest’s weight (so it can be worn for longer periods), and its more immersive content library. He noted that Apple’s product did have higher resolution, though.
Representatives for Apple did not immediately respond to MarketWatch’s request for comment.
Meta has been a top performer on Wall Street this year, with its stock rising 34.63% compared to a 4.87% decline for Apple Inc.
Read on: Amazon, Google, Meta and Microsoft among tech companies to sign pact combating AI-generated election trickery
Preorders for Apple‘s $3,499 Vision Pro headset began Thursday morning ahead of its U.S. release on Feb. 2.
The Vision Pro is Apple’s first new product category since it released the Apple Watch in 2015. Wall Street doesn’t expect Apple to sell it in the same quantities as it does its other products, such as the iPhone, Apple Watch and Mac — at least not at first.
“We believe success with the Vision Pro is less about 2024 and more about its longer-term potential,” Morgan Stanley analyst Erik Woodring said in a note to investors in December.
UBS’ David Vogt estimates Apple could generate about $1.4 billion in revenue from the Vision Pro in 2024, assuming Apple ships about 400,000 handsets. By comparison, Apple generated $43.81 billion in iPhone revenue during its fiscal fourth quarter.
The entry-level Vision Pro comes with 256GB of storage and the same M2 chip that Apple includes in some of its Macs. The company is also selling a 512GB Vision Pro for $3,699 and a 1TB model for $3,899.
It provides a “spatial computing” experience. The headset can serve as a virtual reality display that lets users watch movies, for example. Or a user can pin several different apps and screens in their view while also seeing the world around them.
Apple’s preorder website asks customers to use an iPhone or iPad with Face ID to find the best-fitting size.
The company is also offering a 12-month financing plan. The $3,499 model costs $291.58 a month with that option. Prescription lens inserts can be purchased for $149.
Apple announced the Vision Pro at its Worldwide Developers Conference in 2023.
Don’t miss these stories from CNBC PRO:
Attendees of a Yuga Labs’ ApeFest event on Nov. 4 in Hong Kong have reported burns, damaged vision and “extreme pain” in their eyes, which they attribute to the use of improper lighting.
“Woke up in the middle of the night after ApeFest with so much pain in my eyes that I had to go to the hospital,” wrote one attendee, CryptoJune, in a Nov. 5 X (Twitter) post.
Woke up in the middle of the night after Apefest with so much pain in my eyes that I had to go to the hospital. I’ve seen several tweets about it
Doctor told me it was due to the UV from stage lights. I go to festivals often but have never experienced this
I try to understand…
— Crypto June (@CryptoJune777) November 5, 2023
“Doctor told me it was due to the UV from stage lights,” they added. “I go to festivals often but have never experienced this. I try to understand how it could happen… it seems like the lamps [were] not safe.”
One attendee noted many of those reporting eye problems were those “up close” to the lighting display on the event’s main stage.
Another ApeFest guest, who goes by the pseudonym Feld on X, described identical symptoms.
“Anyone else’s eyes burning from last night? Woke up at 3am with extreme pain and ended up in the ER.”
A Yuga Labs spokesperson told Cointelegraph that they were aware of the situation and were taking it seriously; “we are actively reaching out to and are in touch with those affected. We’re also pursuing multiple lines of inquiry to learn the root cause.”
“Based on our estimates, the 15 people we’ve been in direct communication with so far represent less than one percent of the approximately 2,250 event attendees and staff at our Saturday night event,” they added.
Of the hundreds of ApeFest attendees, at least 15 reports of vision damage have appeared on social media, suggesting the concerns were limited to guests who were in close proximity to the stage lighting.
Posting that in hope that my friends suffering the same issue realise they need medical attention ASAP (read full)
Thanks for great apefest logistiscs guys @yugalabs & @BoredApeYC. Incredible event and met plenty of amazing people.
Still, as dozens of others, I’ve almost lost… pic.twitter.com/emCODEnWmb
— Adrian Zduńczyk, CMT (@crypto_birb) November 5, 2023
Hong Kong partygoers have experienced medical issues following exposure to improper UV lighting at an event before.
Related: Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit
On Oct. 20, 2017, a number of attendees at a party thrown by streetwear brand HypeBeast reported painful burns and eye damage.
It was revealed by the events’ DJ on Oct. 26 that the contractor tasked with setting up lighting at the party had used a series of Philips TUV 30W G30 T8 light bulbs, which, according to Philip’s website, emit 12 watts of UV-C radiation, mainly used for disinfecting surfaces.
The reports of vision damage in both cases line up with a condition called photokeratitis, also known as “Welder’s eye.” The condition is caused by prolonged exposure to extreme levels of UV radiation, typically from artificial sources, such as welding lamps, but can also come from natural sunlight reflecting off bright surfaces such as snow, more commonly known as snow blindness.
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Apple noted that only account holders in the Apple Developer Program can apply for the Vision Pro kit, which should be returned upon request.
Apple Inc (NASDAQ: AAPL) shares closed Monday trading at $192.75, up 0.42 percent from the day’s opening price. The gains had extended by approximately 0.36 percent during the after-hours trading session, thus solidifying its YTD performance of nearly 49 percent. Also, the $3 trillion valued tech company intends to work with application developers in order to wholly utilize the Vision Pro capabilities. Consequently, Apple opened applications for a Vision Pro developer kit to Apple Developer Program account holders with reputable publications.
The impressive performance YTD is partially attributed to the launch of a new product after several years dubbed Vision Pro. Notably, the Apple Vision Pro is set to revolutionize the 3D immersive industry after its planned launch in 2024 at a price of $3,499 per headset.
In addition to receiving the Vision Pro kit, application developers will also get help from the Apple team in setting up the device and onboarding. The company also announced application developers will also get check-ins with Apple experts for user interface (UI) design and development guidance in a bid to help refine their applications. Apple will also provide Vision Pro app developers with two additional code-level support requests to help troubleshoot any issues with the source code. Apple has, however, reserved the right to collect the Vision Pro device upon request.
“Availability is limited and on a first-come-first-served basis. If capacity gets full, you’ll be added to the waitlist and we’ll reach out when more spots become available,” the company noted.
Interestingly, the company has directed all the developers that will be selected not to share access to the Vision Pro gadget with family, friends, or on social media platforms. Meanwhile, the company intends to work with developers from all over the world including through its Labs available in Cupertino, London, Munich, Shanghai, Singapore, and Tokyo.
Apple has undeniably dominated the hardware technology market around the world, having sold billions of devices since its inception. The tech giant has consistently upgraded existing hardware devices to match up with emerging markets and technologies. For instance, the company has upgraded its iOS and smartphone hardware to catch up with the 5G network development.
As a result, Apple has seen its stock market rise exponentially through the Covid and post-pandemic seasons. According to the latest stock market data, AAPL shares gained 26 percent last year and have almost doubled the performance YTD. Having been rated by 44 analysts, the Apple stock market received an average rating of Over.
Since the company began to manufacture its in-house semiconductor chips, Apple has managed to have better control of its output with more reliable performance.
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