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World

Ukraine unveils McKinsey programme for nation-builders

Analysis 15:37 The $750bn plan looks like an audit written for 19th century nationalists by Luka Ivan Jukic Credit: Getty This week Ukraine released a comprehensive draft of its proposed recovery plan, which includes a $750 billion price tag. President Zelensky has called on the world’s democracies to fund Ukraine’s reconstruction, with a deal that contains […]

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Entertainment

$9 Billion For Climate Tech Startups, Tesla’s Tough Quarter And Flooding In Yellowstone

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. More than $2.5 billion in the first quarter went to food systems startups, including indoor farming. NurPhoto via Getty Images Venture capital firms funneled $9 billion into 273 […]

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US

The battle to build a child-friendly metaverse – ET Telecom

Paris: As a young woman straps on her vest and headset and becomes immersed in a virtual world, Mainak Chaudhuri talks excitedly about the potential of the technology. “This is the first step towards the metaverse,” Chaudhuri of French start-up Actronika told AFP at this week’s VivaTech trade show in Paris. The vest can give […]

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US

The battle to build a child-friendly metaverse

Paris: As a young woman straps on her vest and headset and becomes immersed in a virtual world, Mainak Chaudhuri talks excitedly about the potential of the technology. “This is the first step towards the metaverse,” Chaudhuri of French start-up Actronika told AFP at this week’s VivaTech trade show in Paris. The vest can give […]

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US

Metaverse: The future of Virtual Reality

Published: Published Date – 12:15 AM, Fri – 17 June 22 From healthcare to virtual offices and real estate to retail, the Metaverse is set to change the way we live. Hyderabad: What started as a fictional concept in 1992 is slowly becoming a reality – albeit in the virtual world. Metaverse, which was first […]

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US

Metaverse To Generate $5 Trillion In Value By 2030, ‘Too Big For Companies To Ignore’: McKinsey

Metaverse will generate $5 trillion in annual spending from businesses and consumers globally by 2030, a report by management consulting firm McKinsey has revealed. Touting metaverse to be “too big for companies to ignore,” the McKinsey report said that 95 percent of business leaders “expect a positive impact on their industry within five to 10 […]

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Technology

Cloud adopters hobbled by ‘on-premises computing’ mindset: McKinsey

Dive Brief: Some CFOs and their C-suite colleagues botch the move to cloud computing because they hold on to an outdated financing and management mindset that took root during years of managing on-premises technology, McKinsey said. “That thinking has proven hard to change for many companies, with economic and financial models grounded in decades of […]