Facebook buys tech start-up FacioMetrics

Facebook has bought facial recognition tech start-up FacioMetrics for an undisclosed sum. The acquisition was aimed at using the technology provided by the startup for making photo or video effects to better challenge its rival Snapchat.   FacioMetrics was founded ..

Intel unveils Project Alloy device creating merged reality

Tech giant Intel has unveiled Project Alloy, a device that creates merged reality. Project Alloy is a headset that uses the RealSense technology to enable people to use their hands to interact with elements of the virtual world without using ..

Month: Current Affairs - August, 2016

NITI Aayog, Intel India ink SoI to set up Atal Tinkering Lab Initiative for young innovators

The NITI (National Institution for Transforming India) Aayog has signed Statement of Intent (SoI) with tech giant Intel India to set up Atal Tinkering laboratories (ATL) under the Atal Innovation Mission (AIM). The aim of Atal Tinkering laboratories is to ..

Month: Current Affairs - July, 2016

Indian American Syamantak Payra wins $50,000 Intel Foundation Young Scientist Award

Indian American teenager from Texas Syamantak Payra (15) has won the $50,000 Intel Foundation Young Scientist Award. Payra won this prestigious award along with Kathy Lu (17). He won the award for his work in making a low-cost electronically-aided knee ..

Month: Current Affairs - May, 2016