Kiara parmar

Billionaire investor George Soros has warned that Russia’s invasion of Ukraine may be the beginning of the third world war and that the civilisation may not survive this war.

He also said that China’s President Xi Jinping and Russia’s Vladimir Putin are tied together in an alliance that has no limits.

In his annual speech in Davos on Tuesday, Soros said the world must mobilise all resources to bring the war to an early end and the best and perhaps only way to preserve the civilisation is to defeat Putin as soon as possible.

“The invasion may have been the beginning of the third world war and our civilisation may not survive it,” he said.

--

--

Mastercard’s “smile to pay” system, announced last week, is supposed to save time for customers at checkouts. It is being trialled in Brazil, with future pilots planned for the Middle East and Asia.

The company argues touch-less technology will help speed up transaction times, shorten lines in shops, heighten security and improve hygiene in businesses. But it raises concerns relating to customer privacy, data storage, crime risk and bias.

How will it work?

Mastercard’s biometric checkout system will provide customers facial recognition-based payments, by linking the biometric authentication systems of a number of third-party companies with Mastercard’s own payment systems.

--

--

Rumors of an Apple Inc. mixed-reality headset have swirled for years. Now, they’re getting very real.

Last week, Bloomberg’s Mark Gurman reported that Apple demonstrated an AR/VR (augmented and virtual reality) device to its board of directors and has a “consumer release planned for 2023.” Whenever the headset does come out, Apple is well-placed to win the mixed-reality battle.

The leading competitor in the space is Meta Platforms Inc. (aka the artist formerly known as Facebook). CEO Mark Zuckerberg renamed the company and committed to spending $10 billion a year to bring to life his vision of a VR-enabled metaverse.

And there’s been serious progress: Sales of Meta’s Quest 2 hit 8.7 million units in 2021, twice as much as in the prior year, and the company owns 80% of the market.

--

--