QR codes in Sri Lanka add traceability to clothing brands

QR codes - Sri Lanka Flag - Apparel

The South Asian nation is working on making the barcodes a regular part of the apparel industry. Clothing companies in Sri Lanka have been adding traceability QR codes to their products as a part of an effort to comply with new legal changes that are expected to be rolled out throughout the fashion industry in years to come. Transparency and traceability are critical Manufacturers throughout Sri Lanka are teaming up with Global Language of Business (GS1), the International Financial Reporting Standards (IFRS) and the Asian Development Bank (ADB) to place…

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Paytm mobile payments warned told that complying to regulations is not “optional”

Mobile payments - Breaking Rules - India

The popular service was found to have failed to comply with the law in India, where it is popular. Popular mobile payments service provider, Paytm Payments Bank, is at the heart of a controversy in India, where it is highly popular. The company has been accused of failing to realize the need to comply with legal regulations. Union minister Rajeev Chandrasekhar said no company can get away with such actions. The union minister was making reference to the Reserve Bank of India’s regulatory action on the mobile payments and financial…

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Meta’s Zuckerberg continues to pour billions into virtual reality Multiverse

Virtual reality - Funding - VR Tech

Despite the massive expense and the lack of popularity and interest, the CEO isn’t giving up. Meta, Facebook’s parent company, has been dumping billions of dollars into the development and production of virtual reality hardware, software and experiences, even as consumers remain essentially disinterested in taking part. From 2019 through 2022, Meta poured a tremendous $36 billion into its VR-focused division. The company’s CEO Mark Zuckerberg has been highly enthusiastic about virtual reality technology and has been convinced that the world will follow. That said, even when the company’s Quest…

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Meta wants its VR technology to provide realistic hands

VR Technology - Mega Logo on T-Shirt

The Facebook parent company feels that people will respond well to having accurate virtual reality hands. Since people communicate and identify with their own unique hands, Meta is currently researching strategies to make hands as realistic and accurate as possible using their VR technology. Researchers have found that people relate very closely to their specific hands and how they look and move. A team of researchers from the Codec Avatars Lab at Meta joined those at Nanyang Technological University in presenting a new research paper unveiling URHand. The name is…

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Amazon and Panasonic collab on content suggesting smart TV tech

Smart TV - Handshake - Collaboration

The companies unveiled their flagship model of the OLED device at CES. Amazon and Panasonic Holdings have announced that they are collaborating on a project for the production of a smart TV line that will be able to recommend content to viewers based on their watch history. The Japanese electronics company has been working on a strategy to enhance its TV software. Earlier this month at CES, the companies unveiled their flagship smart TV model, which is an organic light-emitting diode (OLED) screen equipped with the Fire TV streaming technology…

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