Meta is currently investing much money in the virtual reality in comparison to other companies in the world. Mark Zuckerberg is already trying to pursue his vision of revolutionizing the world of entertainment industry and work with the Metaverse. According to the data, in 2022 more than $25 billion got into Meta’s research and development department.

The reports reveal that Meta has generated an amount of $5.2 billion dollars with the hardware with an impressive market share of 75 percent. The market dominance of Oculus Quest 2 has been reflected through Californian company’s investments. Sony PlayStation is the closest competitor on the basis of sales, and 6.6 million headsets have also been sold worldwide. In contrast to Oculus Quest…

Sandvine revealed that web applications are responsible for the world's most downstream internet traffic. Netflix, with its popularity, accounts for the most megabytes with 14.9 percent. According to the reports, there were 1.3 billion online video subscriptions towards the end of 2021. It accounts for 17 percent of all online video subscriptions worldwide.

In the second quarter of 2022, Netflix will have approximately 220 million global paid memberships. It is also the most significant premium video-on-demand service worldwide. Netflix claimed in 2022 that half of its subscribers watch the OTT platform on a mobile phone.

Reports have revealed that Netflix is responsible for 15 percent of global internet traffic, and its recommendation…

The healthcare sector's future is looking high-tech. Telemedicine has now become a reality. More technological trends will be witnessed further in 2023 in the healthcare sector.

According to the 2021 Future of Healthcare Report, over 50 percent of surveyed patients indicated they are more comfortable with a healthcare system based on telehealth. Thus, organizations and stakeholders should adopt new technologies and tools that promise more accurate care.

New technologies have influenced the healthcare system to get more upgraded with different features in various healthcare industry sub-sectors. Telepsychiatry and AR/VR offer innovative solutions for mental health services and medical education. Augmented Reality (AR) and Virtual Reality…

Recently, U.S. Food and Drug Administration (FDA) has released two proposed rules to end the sale of menthol cigarettes and flavoured cigars. The main reason behind ending the sales of flavoured cigars and menthol cigarettes is that it will help reduce tobacco product usage in youth, save lives, and reduce tobacco-related health diseases. Here, two of the five cigarettes sold in the country in 2020 are menthols.

Upon the release of new rules, products are to be removed within one year. According to the surveys, selling menthol cigarettes and flavoured cigars will promote health quality and help save lives.

A ballot initiative in the 2022 midterms was passed in California to ban flavoured tobacco products, including menthol cigarettes and…

A nation's fertility rate is the most used metric to measure the rate at which a nation's population increases or decreases, ranging from the most developed to the least developed countries. The fertility rate measures the average number of children women of childbearing age give birth to in the respective country.

The fertility rate is closely related to the birth rate, which counts the number of live births per 1000 people in a country yearly. It determines the replacement rate if the number of new citizens of a country born every year is higher or lesser than the number of citizens who are expiring. Population growth or shrinkage directly impacts a country's economic stability and development.

According to the reports, the current…

Americans according to their testimonies came to be known as the healthy eaters. According to the reports, 50 percent of the Americans claims to be actively trying to eat healthy. It is seen that; the healthy eating attitude is more prevalent among Baby Boomers with 58 percent. But it is much lower among the Gen Z with 44 percent only.

The centres for Disease Control and Prevention found out that fast food is regularly been consumed by more than 36 percent of Americans. It is to such an extent that on any day, 1 out of 3 American must be eating from fast food restaurants.

According to another survey, 46 percent of adults in the U.S. cost has become a barrier to eat healthy foods. Almost every American from the lot stated that they always…

In the global auto industry, autonomous driving comes first, following the acronym of ACES (Autonomous, Connected, Electrification, Shared). Still, it is supposed to trail behind other megatrends when it comes to market adoption.

The Indian company Tata Technology has worked on an autonomous car project for the global technology company and expects it to become mainstream by 2023. But it did not happen as of yet. Warren Harris, CEO and MD of Tata Technologies, says, "Even if Cruise and Waymo have autonomous taxis in San Francisco, we are an awful long way apart."

The main reason behind autonomous driving becoming mainstream is "just cost." Harris thinks the inflection point for the technology's adoption is up to 7 years away. Advanced…

Russia is still earning more than half a billion U.S. dollars from gas and oil sales per day according to the survey reports. Even if the U.S., the EU and other countries try to restrict Russia but in vain. The western nations are enforcing on Russian crude oil to a barrel of $30 and by ending all pipeline and LNG exports from Russia to the EU. The survey says that Russia’s daily earnings with fossil fuels may dip as low as $340 million in the upcoming future.

According to the reports, Russia’s earnings are below what the country was making earlier from fossil fuels on an average per day before Russia invaded Ukraine. Even if several nations have started to boycott Russian fossil fuels, the country is giving discounts to its remaining…

In Europe, every household is having faster internet speeds. It is known now as the most connected regions worldwide. The reason behind this achievement of Europe is penetration rate of mobile and household broadband across the continent.

According to the reports, in 2021, the home broadband rate in Europe was closed to penetration rate of 90.2 percent. It has jumped up from just above 70.6 percent in 2012. Also, the rapid growth of mobile broadband was also seen. The penetration rate for home broadband in the Europe was 70.6 percent in 2012. Now, the penetration rate for both the mobile and home broadband has become more than double that is 104 percent in 2021. It was 46.2 percent in 2012.

As per the survey, 70 percent of homes in the…

In a 2022 survey of 1000 accommodation professionals, European hoteliers have come out on top as the leading digital transformation topic on social media marketing in Europe. Every 3 in 5 European accommodations felt prepared for their digital transformation readiness.

By keeping track of the latest changes in technology and business methods. It allows to keep the system up to date and improve efficiency. Digital transformation also helps organizations identify new opportunities to enhance their business processes. It is all about we do business by changing how we live and do business. It involves four main areas: data, technology, people, and processes.

According to the reports, worldwide businesses will spend 3.4 trillion dollars on…

The stock market has underperformed throughout the years leading to midterm elections while performing significantly better after the ballots have been cast, as per the reports.

According to the survey, the average annual return of the S&P 500 in 12 months before the midterm election has been -0.7 percent for all the years from 1962 to 2022. But after a midterm election, the index has outperformed historically in its long-term average of 12 months along with an average return of 16.3 percent.

The high degree of uncertainty, one theory of investor’s kryptonite, that the runup of election is negatively influencing market performance, due to the lack of fuelling stock market rallies. According to an analysis from U.S. bank, it has found that…

Movies are an escape from boring daily lives. Some movies reach the top, while others remain evergreen forever in the collection of movies. Film from different countries and film industries manage to become international success, making the movies one of the highest-grossing movies of all time.

James Cameron's fame Avatar tops the list of highest-grossing films of all time, which came up on more than 14,000 screens. The movie was made with a budget of $237 million and earned $2.923 billion worldwide with a rating of 7.9 out of 10.

Avengers: Endgame places itself in the second spot on the chart for the highest-grossing movies in the world. The film was directed by Anthony Russo and Joe Russo with a budget of $356-400 million, as per the…

A law was approved of by European Union, that will ban the sale of combustion engine cars in its member states from 2035. The new bill sets a first deadline regarding the sales of gasoline-powered cars, as per the reports.

Germany, Italy, Romania, Bulgaria, the Czech Republic and Hungary, for these countries the new bill sets the first above mentioned deadline. The current governments of the countries are against this ban questioning the the timeline to phase-out that Scientists have already said necessary.

Some other European countries have already accepted the phase-out of gasoline cars. Between 2029 and 2030, Sweden, Greece, Slovenia and Netherlands all are looking to end the sale of gas-powered cars. But the case in Norway is…

Digitalization in every sector of life has made us habituated to use applications for satisfying our souls to their specific purposes. Over the time people have demanded all-in-one app called Super app, which would fulfil any kind of need through an app. From making payments to ordering food online anywhere.

By the collaboration of technology partners and entrepreneurs launched solutions that is Super-Apps. According to the reports, the Super-apps was first introduced in Southeast Asia and other countries then-after.

As per the research, Super app is a platform that provides solutions with some modifications that meet to the multiple requirements of the customers. Initially introduced by China, with the messaging app WeChat that turned…