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The $1,499 Quest Pro Is Meta’s VR Solution For Business

Mark Zuckerberg has announced a new mixed-reality device designed for professionals, dubbed the Meta Quest Pro.

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the $1499 quest pro is meta's vr solution for business

At Meta Connect 2022, a new device designed for business professionals has been unveiled, and it represents a considerable upgrade from the cheaper $399 Quest 2 device.

Meta’s new Quest Pro VR device aims to increase “social presence, productivity, and collaboration”, using advanced eye tracking and multiple virtual screens overlaid on top of your physical apartment or office space.

The Quest Pro features a unique “open periphery design,” which allows wearers to still see the world around them in their peripheral vision, with magnetic light blockers available if a more immersive experience is required.

Compared to the Quest 2, the new device sports a 40% thinner pancake lens, with better visuals and two LCDs that offer richer colors and far more contrast. The Quest Pro also provides 37% more pixels per inch, with the aforementioned eye-tracking technology and better facial recognition to render avatar expressions.

All New Controllers

meta quest pro vr controllers

As well as a visual update, the Meta Quest Pro features all-new controllers with a more ergonomic design. Haptic feedback and triple sensors are present to track movement independently of the headset, enabling 360 degrees of motion. Finally, a stylus can be added to the bottom of each controller, allowing more creative options for Horizon Workrooms and other programs.

The new Meta Quest Touch Pro controllers have an upgraded, ergonomic design and haptic capabilities through the company’s TruTouch Haptics system. The controllers’ three built-in sensors are the biggest change, tracking movement independently of the headset to enable a 360-degree range of motion. You can also add a stylus to the bottom of the controllers, transforming them into writing utensils for Horizon Workrooms and other apps.

Bigger Battery, More Storage

meta quest pro vr headset

The Quest Pro runs on the new Qualcomm Snapdragon XR2+ platform, which offers 50% more power than the Meta Quest 2, with better cooling ability. There’s a new curved battery too, offering improved balance and comfort, and it’s rechargeable via a 45W USB-C dock (along with the controllers).

Configuration options are lacking, with the Pro sporting 12GB of RAM and 256GB of storage. Controllers and stylus tips are included in the price, along with the charging dock and magnetic light blockers, though optional accessories, such as a carrying case, will cost extra.

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Binance Receives Virtual Assets License To Operate In Dubai

As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.

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binance receives virtual assets license to operate in dubai

Global crypto exchange Binance has been granted a full operational license in Dubai, in a move that’s expected to accelerate digital asset adoption and strengthen the UAE’s regulatory landscape.

The virtual asset service provider license (VASP) was granted by the Dubai Virtual Assets Regulatory Authority (VARA) and will allow Binance to extend its current range of services to retail investors, the company announced yesterday.

The move by Dubai authorities will be critical to Binance’s strategy of growing its user base globally. The crypto exchange expects to pass the 200 million user mark “quite shortly”, according to Richard Teng, the company’s CEO.

Once that milestone is achieved, Binance will have around twice as many users as rival platform Coinbase. Meanwhile, Crypto.com, another popular exchange with 80 million users, received a Dubai VASP license last week.

“We’re seeing much greater institutional adoption and institutional money coming into this space [along with] much greater regulatory clarity and a lot more jurisdictions approving [digital asset] products that bring in new investor classes,” Binance’s Richard Tang explained, adding: “As of now, we stand at about 5% crypto adoption globally, but that will become much faster moving forward”.

Also Read: Microsoft Invests $1.5 Billion In Abu Dhabi AI Tech Firm G42

Dubai and the UAE are extremely supportive of technologies like digital assets, and have already launched initiatives to boost adoption. The UAE has ambitious plans to become a world leader in the crypto economy of the future, with Dubai in particular being noteworthy for passing a new law to regulate virtual assets to support investors and exchanges.

“Global crypto regulation is currently showing diverging signs. Some developed countries have long suffered from crypto-related frauds and illegal exchanges. On the other hand, emerging nations like the UAE and Singapore have enacted crypto laws at faced pace,” said Vijay Valecha, chief investment officer of Dubai-based Century Financial.

As the UAE gears up to become one of the fastest-growing crypto capitals worldwide, investors and talent are flocking to places like Dubai. During 2023, the Emirates as a whole realized $204 million in capital gains from cryptocurrency investments, according to blockchain data analysts Chainalysis.

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