In response to the rapid growth of the metaverse and generative AI sectors, the European Commission (EC) is conducting a comprehensive evaluation of the competitive landscape. Margrethe Vestager, the Executive Vice President of competition policy, has issued Requests for Information (RFI) for both markets, urging stakeholders to share insights on competition levels and propose ideas on how antitrust regulations can sustain competitiveness.
A recent study unveils a quietly progressing industrial metaverse revolution, with early adopters reporting capex and opex reductions surpassing expectations. Focused on enterprise and industrial applications, this shift aligns with Nokia’s Industry 4.0 strategy and emphasizes the importance of reliable, high-speed connectivity.
Amid global economic transformation, network technologies hold vital importance as businesses prioritize cost-saving cloud computing and greener power consumption. Focusing on enhancing customer experiences impacts the development of the metaverse, enabling smart cities and new monetization opportunities. Connectivity, as a critical component, drives sustainable growth across industries.
Telefónica and Qualcomm Technologies, Inc. have established a partnership to improve their positions as market leaders in the future of XR and the Metaverse. Utilizing the Snapdragon Spaces™ XR Developer Platform and Telefónica’s cutting-edge fixed and mobile network infrastructure, the two companies will collaborate on building and expanding the XR ecosystem. The agreement also covers the launching of XR/metaverse goods and services as well as an investigation of collaborative business potential. With the implementation of this agreement, it will be possible to offer consumers brand-new experiences that combine the digital and analog worlds, reimagining communication, entertainment and commerce in the Metaverse. Snapdragon Spaces, a platform from Qualcomm Technologies, enables programmers to maximize wearable AR’s potential through the use of cutting-edge technologies, a cross-device SDK, and an open XR ecosystem. Telefónica sees significant potential in fusing powerful networks, decentralized Web3 and immersive gadgets. Both businesses are attempting to…
The metaverse, a product of today’s Internet, is being welcomed as the next phase of communications, promising superior online experiences in a shared virtual world. Some have dubbed it as the “Internet on steroids,” since instead of merely reading text and viewing videos, individuals would be able to participate in virtual realms thanks to technology like 3D and artificial intelligence. The metaverse, one of the trendiest tech buzzwords at the moment, promises a future in which the virtual and real worlds are intricately linked. So, what role will telecommunications companies play in this possible future? What is the metaverse? The Metaverse – a combination of “meta” (beyond) and “verse” (universe) – sounds like something out of a science fiction novel. And that is actually the case. The term “Metaverse” first appeared in Neal Stephenson’s 1992 cyberpunk novel Snow Crash. However, the science fiction metaverse and the Metaverse envisioned by Facebook (now…
Startup Nothing debuts with its first smartphone Phone 1 Nothing’s first phone, the Nothing Phone 1, was finally launched this week. The Nothing Phone 1 is one of the most intriguing newcomers to the smartphone market in recent years. Carl Pei, a former OnePlus co-founder, established the startup less than two years ago. The company has showcased several of the Phone 1’s most important features in the weeks building up to the launch event, including the inclusion of a Qualcomm Snapdragon 778G Plus CPU and the Android-based Nothing OS software. Read more at: https://tinyurl.com/yc2bmksu Nokia will lead German 6G project Nokia has announced that it will lead 6G-ANNA, a German government-funded 6G lighthouse project, that began on July 1, 2022. Nokia will lead and drive 6G research and standardization in collaboration with the 29 partners, including industry members, subject matter experts, start-ups, research organizations, and universities in Germany. The project…
Telefonica has announced their significant commitment to the metaverse, indicating that the company will use MWC22 Barcelona to demonstrate its digital transformation and technological leadership initiatives through an innovative virtual environment. Telefonica said it will utilize the metaverse to demonstrate all of its in-person demos, allowing conference attendees to digitally visit the four physical sites on the exhibition floors. The organization will provide a unique experience based on the quality of the information exhibited and the ongoing and diverse activities by combining real-time and virtual participation. Telefónica will demonstrate its expertise, capabilities and dedication to assisting businesses, governmental agencies and society as a whole in taking advantage of the tremendous opportunities that digitization and connectivity provide. The company will also show what it can do for the community, and the advantages its solutions will deliver in terms of making participants more efficient, sustainable and safe. Telefónica will exhibit…
SK Telecom (SKT), South Korea’s largest wireless telecommunications operator, has announced its participation in CES 2022, the world’s largest IT and home appliance exhibition. The expo will be held in Las Vegas from January 5 to 8, 2022, and is to showcase green Information and Communications Technology (ICT). Because AI and telecommunications networks are at the heart of ICT innovation, they are also one of the major sources of pollution due to their high-power consumption. As a result, SKT is hastening an ICT revolution by developing and deploying low-power, high-efficiency semiconductors and energy-saving telecommunications network technologies. SK Telecom will share an exhibition stand with SK Inc., SK Innovation, SK Hynix, SK E&S and SK Ecoplant at the upcoming expo to demonstrate various green ICT technologies and provide visitors the opportunity to experience their revolutionary, sustainable technology. The theme of their booth is the 2030 SK Net-Zero Declaration. SKT…
