Mobile Commerce

Clearview AI must delete all UK resident facial recognition data

05/25/202205/24/2022 John Montgallo

The United Kingdom is the fourth country to require the controversial company to do so. Clearview AI, the highly controversial facial recognition company, has been ordered by the United Kingdom’s privacy watchdog, the Information Commissioner’s Office (ICO), to delete all data belonging to the country’s residents. The ICO has also issued Clearview AI a $9.4 million (£7.5 million) fine for failing to be legally compliant. The fine was issued for failing to follow the UK data protection laws with regards to Clearview AI’s facial recognition practices. This is nothing new…

Volkswagen and Microsoft launch augmented reality glasses project

05/24/202205/23/2022 Sam Lambert

The companies are working to use the HoloLens 2 to bring AR into the driving experience. Volkswagen and Microsoft have announced that they will be collaborating on a HoloLens 2 augmented reality glasses project that will bring the experience right into a driver’s own vehicle. The idea is to provide a holographic display of relevant information right when the driver needs it. The augmented reality glasses project would bring technology closer to being able to provide information such as traffic conditions, weather reports, shopping recommendations and highlights of points of…

Meta Platforms open first physical store to sell Oculus Quest 2

05/20/202205/16/2022 Stephanie Beck

The shop will also sell other forms of hardware relating to virtual reality and the metaverse. Meta Platforms has announced that it is opening its first physical store to sell VR hardware like the Oculus Quest 2 to help to broaden the popularity of equipment needed to access the metaverse. While many teens already have VR headsets, they’re simply not using them as they’d use their phones. Meta has been trying to boost the number of people using VR headsets like the Oculus Quest 2 to dive into the metaverse,…

Mobile commerce to see 68 percent growth by the close of the year

05/17/202205/13/2022 Sam Lambert

As a growing number of people shop on their smartphones, companies see more income from apps. Mobile commerce has been taking off – particularly since the start of the pandemic – meaning that companies with online strategies focusing on smartphone shoppers have been winning out. The trend is only expected to continue through until the end of this year and beyond. According to a recent eMarketer report, online shopping will have reached $845 billion by the end of this year. Moreover, mobile commerce is expected to drive about half of…

M-commerce sales to double by 2025, reaching over $700 billion

05/16/202205/13/2022 Jorge Gonzalez

An eMarketer study predicts that smartphone-based sales will continue their skyrocketing rate. Back in 2020, m-commerce sales took off by 41.4 percent, continued their growth last year and are expected to continue on that path throughout this year as well, according to a recently released eMarketer report. Mobile shopping was already rising fast but the pandemic spurred things on even faster. According to the report, m-commerce sales are expected to see another 15.2 percent growth rate this year, bringing them to the $359.3 billion by the close of 2022. The…