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Apple Likely To Release 8K VR Headset In 2022
Near the end of January, Bloomberg published a report claiming that Apple is working on what could be the most expensive 8K VR headset ever made. Now, a JP Morgan analysis, spotted by China Times, states that the headset could be available as early as Q1 2022, but it’s likely to cost around $3,000 USD.
Why the steep price? Because Apple’s first VR headset will likely boast dual 8K displays with eye-tracking technology, offering far better resolution than other VR headsets that are commercially available at the moment. For example, the $300 USD Oculus Quest 2 has a singular fast-switch LCD panel with a 1832×1920 per eye resolution, while the $700 USD HTC Vive Cosmos displays text and graphics through a 2880 x 1700 combined pixel resolution.

In addition to an ultra-high-resolution display, the headset is also expected to feature the combination of an optical radar (LiDAR) and a Time-of-Flight (ToF) sensor for accurate location of the headset in space. All these and other components will be coordinated by a new version of the M1 chip, the first ARM-based system on a chip designed by Apple.
The chip will be manufactured by TSMC, one of the world’s biggest semiconductor foundries, and the final assembly of the headset will be handled Pegatron or Quanta Computer.
According to a drawing published by The Information, the headset could feature a HomePod-esque mesh fabric and swappable Apple Watch-style headbands. Depending on the specific materials Apple decides to use, the headset could be considerably lighter than its competitors, which would definitely help with long-term comfort.
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Because of how expensive the headset will be, some experts predict that its target audience will be professional content creators—not regular users. Currently, producers of virtual reality content have to rely on third-party VR headsets and deal with the potential compatibility issues associated with them.
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Lebanon Ministers Meet Visa Over National Digital Payment Platform
Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.
Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.
The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.
The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.
Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.
Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.
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Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.
“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.
Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.
