Hi Inside Community, Today we hosted one of our best AMA interviews yet — this time with Jason Fried, the founder and CEO of 37signals. (You’ve probably heard of his products Basecamp and HEY, if you haven’t used them yourself.) Jason is a founder and executive with more than two decades of experience, making this a golden opportunity to ask him about his work with startups, product, and everything else he has done along the way. The AMA kicked off at 11 a.m. PDT, and it’s already packed with insights and answers. —The Inside Team | |  Courtney |  |
| |
Tinder CEO Renate Nyborg has left her position as the company cancels its metaverse ambitions. Parent company MAtch Group reported disappointing earnings for the last quarter; its earnings fell short of analyst expectations at $795M vs. an expected $804M. More: - Nyborg planned to take Tinder into the metaverse and launch in-app Tinder Coins.
- Match Group CEO Bernard Kim will be scaling back those plans "given uncertainty about the ultimate contours of the metaverse and what will or won't work," he says.
- The company will not invest heavily in the metaverse but will continue to evaluate opportunities in this space and revisit the metaverse when the time is right.
- Match Group acquired Hyperconnect last year, contributing to $10M in operating losses in Q2 2022, down from $210M in the same quarter last year.
- Hyperconnect focuses on video, AI, and AR technology that uses avatar-based experiences in the virtual world.
- The Tinder Coins program was intended to generate revenue, but it did not deliver results in limited release. Kim said the company will reevaluate its plans for Tinder Coins, which had been scheduled to roll out broadly in Q3 2022.
| |
 The 2022 MTV Video Music Awards include a new Web3 category: "Best Metaverse Performance." The company has nominated six artists, including Ariana Grande and Justin Bieber. More: - Fans can vote for their favorite metaverse performance.
- The awardee will be announced on Aug. 28.
- MTV nominated six artists.
- "Blackpink the Virtual" in PUBG; BTS in Minecraft; Charli XCX in Roblox; Justin Bieber: An Interactive Virtual Experience in Wave; Ariana Grande for Fortnite's Rift Tour; and Twenty One Pilots in Roblox.
- This is the first time MTV will award an artist for a virtual performance.
| |
 A message from WIND RIVER Can the VxWorks real-time operating system fill your embedded system needs? A real-time operating system (RTOS) is an operating system with two key features: predictability and determinism. In an RTOS, repeated tasks are performed within a tight time boundary, while in a general-purpose operating system, this is not necessarily so. Predictability and determinism, in this case, go hand in hand: We know how long a task will take, and that it will always produce the same result. - Determinism: Repeating an input will result in the same output.
- High performance: RTOS systems are fast and responsive, often executing actions within a small fraction of the time needed by a general OS.
- Safety and security: As RTOSes are frequently used in critical systems, such as robotics or flight controllers, they must have higher security standards and more reliable safety features.
- Priority-based scheduling: Actions are scheduled according to their assigned priority; the most important tasks come first.
- Small footprint: Versus their hefty general OS counterparts, RTOSes weigh in at just a fraction of the size: Windows 10, with post-install updates, takes up approximately 20 GB. VxWorks, on the other hand, is measured in the low single-digit megabytes.
In this webinar, we'll go through some of the features of real-time operating systems that can revolutionize your embedded development process, and make sure that an RTOS is the right solution for your use-case. Watch Now
| |
 NuEyes Technologies and Samsung have partnered to debut AR glasses for healthcare workers. Medical practitioners wearing the smart glasses can access live videos, consult specialists in real-time, review documents, or examine images. More: - The medical-grade NuEyes Pro Series AR Smart Glasses must be tethered to a Samsung 5G Galaxy S Series smartphone or tablet.
- The Smart Glasses weigh under 130g.
- The headset is embedded with an HD binocular display, and users access medical information via an OLED display that projects relevant materials into the medical practitioner's 52-degree FOV.
- The portable glasses operate hands-free.
Zoom out: - Samsung and NuEyes previously collaborated on a pair of way-finding smart glasses for visually-impaired veterans.
| |
The metaverse market is expected to reach $50B by 2026 at 21% CAGR, according to Technavio, a technology research and advisory firm. In 2022 alone, growth is projected at 20.11%, with 32% coming from North America. More: - The metaverse can be divided into two segments: hardware and software.
- The key countries driving the metaverse growth will be Canada and U.S., but also China and Germany.
- In 2022, Germany and the U.S shared the top spot for crypto rankings due to flexible adoption of emerging technology and progressive regulations.
- The metaverse, however, had international traction, with Dubai making strides to become one of the top 10 metaverse economies worldwide.
- The top seven metaverse wallets include Meta Mask, Enjin Wallet, Coinbase, Math Wallet, Alpha Wallet, Coinomi, and Trust Wallet.
- Fashion and e-commerce companies are also entering the metaverse; the fashion market is expected to grow to $6.6B at 36% CAGR.
| |
 A message from PERCENT Crypto’s Bad Year The global cryptocurrency market is down over 55%, around $1.20 trillion dollars since the start of the year. Bitcoin, the dominant crypto asset, alone saw a 51% decrease YTD, as other tokens — Ethereum, stablecoins, and the thousands of “altcoins” — followed suit. Yet the money withdrawn from crypto markets is not disappearing into thin air. It is being converted into fiat currency and stored elsewhere, often at a loss. Instead of keeping capital in an account earning low or no interest, private credit investments can offer investors the opportunity to earn high-yield interest over short terms. Find out if this yield-generating asset class can help you earn double-digit returns during the Crypto Winter. Find Out Today
| |
Kappel Operations and Maintenance workers wear 5G-powered AR/VR glasses to complete site inspections, monitor digital twins, and conduct virtual walkthroughs. The pilot program is funded by Singapore's 5G Innovation Programme. More: - The glasses generate real-time data to improve workflows, lower operating costs, and reduce carbon emissions.
- Combining cameras, microphones, 5G connectivity, speakers, and AR-powered displays, employees wearing the glasses work cooperatively and more efficiently.
- Wearers can effectively inspect worksites, monitor digital twins, and conduct virtual walkthroughs.
- On-sight examinations: managers can oversee staff and connect with them remotely. Wearers can pull up virtual to-do lists, access remote guidance, and utilize instructional overlays to increase work efficiency by 50%.
- Monitoring digital twins: while wearing the glasses, workers can update the facility's digital twins so engineers can identify potential issues or alter methodologies.
- Remote guidance: information processed by the glasses provides clients and engineers with real-time data that can "validate designs," "reduce pre-construction risks," or "spot design flaws."
| |
Nextech AR Solutions Corp, a metaverse and AR company, is launching a new AR navigating tool for events spaces called "ARway." The global indoor positioning and navigation market is expected to reach $23.6B in 2025 with a CAGR of 27.9%. More: - Nextech will offer ARway and Map D, a self-serve event management software solution, as a suite to improve event management.
- AR wayfinding is best suited for indoor events such as conferences, festivals, trade shows, and expos.
- The technology adds value to event management software by offering spatial experiences and deep location intelligence.
Zoom out: - Google is also testing real-time translation and AR turn-by-turn navigation.
- Users will conduct tests in public with prototype devices that include in-lens displays, microphones, and cameras.
- The AR prototypes will help people navigate the world by finding a "nearby coffee shop" with AR markers to translate a menu.
- The prototypes are just like normal glasses, and data will be deleted unless it's used for analysis and debugging.
- There are restrictions to test sites — no government buildings, schools, healthcare locations, places of worship, social service locations, or areas meant for children.
Financial Post 
| |
Quick Hits: * This is sponsored content.
| |
| |
 |  | Courtney Rawlings is an Inside Research Analyst living in Los Angeles, California. She has returned to her hometown of LA after spending several years working at Emory University in Atlanta, Georgia, where she is completing a Ph.D. in Art and Architectural History. While working toward her Ph.D., Courtney has developed an interest in the language and history of the tech industry, especially regarding metaverse technologies, streaming, and podcasting. In fact, she hosted her own podcast Low Culture Boil! You can find her on Twitter: @ckayerawlings Email: courtney@inside.com | | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
For nearly 35 years, VxWorks has been used to ensure the security, safety, and reliability you need to design and build mission-critical embedded systems that simply must work.
| |
Percent: Private Credit Investments. High-Yield Investing. Short-Term Durations. Learn More. | |
Comments
Post a Comment