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Also, Apple's Vision Pro, launching on Feb. 2, features Carrot Weather app Inside Metaverse For January 31, 2024 Today's Metaverse brief: Xreal, an AR glasses maker from China, is raising $60M at over a $1B valuation.   The shift in corporate focus from the metaverse to AI. Zoom is introducing Apple Vision Pro support in its app.  Thank you! Vildana p/vildana-b 1 Xreal, an AR glasses maker from China, is raising $60M at over a $1B valuation to compete with major tech companies like Apple and Google. The startup, which led the AR-only device market with a 50% share last year, plans to boost production and targets significant revenue growth in the coming years. More: Xreal's total funding exceeds $300M, with the latest investment from an unnamed key supply chain partner. The company focuses on scaling manufacturing and R&D to meet the growing demand for AR glasses. As per IDC research firm, Xreal captured a...

Plus, Q1 2024: Starbucks earnings decline Inside Business For January 31, 2024 Thank you to our sponsor Here's your daily business briefing. 🌐 Microsoft exceeded Q2 earnings and revenue expectations, with earnings at $2.93 per share and revenue of $62.02B. 🛍️ Deep Dive: Retailers estimated $101B in fraudulent returns in 2023, per a survey by Appriss Retail and the NRF. 📈 Alphabet exceeded revenue and profit expectations in Q4, but ad revenue fell below analysts' projections. Thanks for reading! Shriram p/Shriram 1 Microsoft ( $MSFT )  exceeded Q2 earnings and revenue expectations , with earnings at $2.93 per share (vs. expected $2.78) and revenue of $62.02B (vs. expected $61.12B). However, the company offered a cautious Q3 revenue outlook , anticipating between $60B and $61B. More: Revenue from the Intelligent Cloud business, which includes Azure cloud infrastructure, SQL Server, Windows Server, Nuance, ...