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Facebook is acquiring Beat Games, the developer of popular (and excellent) virtual reality rhythm game Beat Saber. TechCrunch reported that Beat Games will keep operating independently, but it will become part of Oculus Studios, Facebook's VR gaming group. In a blog post, Oculus content director Mike Verdu said the game will keep releasing across all platforms, and the studio won’t prioritize Oculus headsets for updates or new content like music packs. Oculus basically describes this purchase as a way to offer Beat Games — a tiny studio formerly known as Hyperbolic Magnetism — more development resources. Before its acquisition, Beat Saber had already started expanding its small original song catalog with new music packs, including songs from Imagine Dragons and Panic! At The Disco....

The first trailer for Avengers 4, officially called Avengers: Endgame has arrived, celebrating Marvel’s 10-year achievement in building its Cinematic Universe. It’s a journey through everything that’s happened over the last decade — from Tony Stark’s first jaunt as Iron Man to the devastating battle against Thanos in Avengers: Infinity War, which was released earlier this year. Many of Earth’s mightiest heroes are still dealing with the loss of their close friends who faded into dust during Infinity War’s most climactic moment. Marvel has kept details about Avengers: Endgame under wraps since it began shooting last year, but the trailer does tease a little more of what’s to come in the heroes’ last stand against Thanos. Avengers 4 marks the final film within the Marvel...

Swiss Banking And Finance

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Since Switzerland banks freeze tens of thousands of bank account held by foreigners before tax disclosure regulations that are impending or shut down, their compliance officials face a learning curve that is challenging. After over 80 years of the secret bank accounts which made the nation the worlds most famous tax haven, the private banking industry should now adopt a new era of transparency under pressure mostly from the OECD automatic exchange of data and Americas Foreign Account Tax Compliance Act. These steps need exchanges of taxation info with over a hundred countries and the US. So with the AEI compliance sections are learning attitudes in addition to new regulations. Fines - But why are freezing accounts or the banks? The reason is they fear fines by justice authorities in other...

Twitter has made good so far on its pledge to crack down on tweets that contain false or misleading information about COVID-19 cures. The platform has deleted tweets by the presidents of Brazil and Venezuela and former New York City Mayor Rudy Giuliani for violating its ban on novel coronavirus-related content that "goes directly against guidance from authoritative sources of global and local public health information." "We're focused on protecting the public conversation and helping people find authoritative sources of information on Twitter. There have been a number of measures we've taken in regard to COVID-19," a Twitter spokesperson said in an email to The Verge. "We'll continue to review and require the removal of Tweets that do not follow the Twitter Rules. This is an evolving...

Google may soon face an antitrust investigation from the US Department of Justice pertaining to its search business and potentially other aspects of the company’s sprawling software and services empire, according to a late Friday evening report from The Wall Street Journal. The DOJ is said to have spent the past few weeks preparing for the probe. Following publication of the WSJ’s story, The Washington Post, The New York Times, and Bloomberg are confirming an imminent antitrust probe as well. Citing anonymous sources, the WSJ says the Federal Trade Commission, which works alongside the DOJ to bring federal antitrust cases, will defer to the Justice Department in this case. Prior to this, the FTC brought a case against the company in 2011 related to the placement of tracking cookies in...

In 2015, a Connecticut teenager raised the question of whether our robots have the right to bear arms when he jury-rigged a working flamethrower — and separately, a semiautomatic pistol — to his drone. But this Thursday, for better or worse, you’ll be able to easily build a flying flamethrower yourself. You’re looking at a the Throwflame TF-19 Wasp, a functional flamethrower attachment for commercial-grade heavy lift drones that can hit targets up to 25 feet away, with a one-gallon fuel tank that can produce a stream of fire for 100 seconds, according to the company. Mind you, the $1,499 price for the flamethrower won’t get it up in the sky, as you’ll need to provide the drone, too — which you may need to piece together since commercial drones are often modular, and don’t...

Facebook won’t allow Huawei to pre-install its apps on smartphones anymore, Reuters is reporting. It’s the latest example of Western tech companies cutting ties with the beleaguered Chinese telecom giant after President Trump issued an effective trade ban against it. Huawei phone owners will still be able to download and use apps like WhatsApp, Instagram, and Facebook’s main app itself, and they’ll continue to receive updates through the Play store. Huawei just won’t be able to include them out of the box, which it typically does alongside various other pre-loaded services like Twitter. Facebook has apparently landed on a different calculus to deal with the trade ban than Google. Google has secured a temporary license to continue to send security updates to existing Huawei...

Samsung reportedly may be missing a July ship date for the delayed Galaxy Fold, according to a company official speaking to The Korea Herald, seemingly denying rumors from earlier in June that the company was looking at a July release. “If we are running such a media event this month, we should be doing something by now,” said a Samsung official. “Nothing has progressed since the April delay.” If true, that would put the earliest release date for the Fold sometime in August, at which point Samsung could just hold off the announcement to allow the Fold to launch alongside the upcoming Galaxy Note 10 (assuming the company isn’t worried that the two big-screened phones could cannibalize each other’s sales.) The Galaxy Fold was originally set to release on April 26th, but Samsung...

In some ways, the Nintendo Switch can already provide one of the biggest benefits of cloud gaming: the ability to sling a game from a big TV to a portable device and carry it anywhere you go. But Nintendo isn’t pretending that capability is enough to weather what could be a sea change in how games are developed, played and sold. When Nintendo executives were asked at this year’s annual meeting of shareholders what they thought of cloud gaming — the idea that video games can be streamed from remote internet servers rather than run on a local console — they admitted they not only believe the technology will be part of the future, but that Nintendo “must keep up” as well. Here’s the whole quote from Nintendo president Shuntaro Furukawa, as translated by his own company: While...

8K OLED TVs officially become a thing this week as LG starts taking orders in South Korea for arguably the most advanced consumer TV set ever created. The 88Z9 has an 88-inch OLED panel with 8K Ultra HD resolution (7680 x 4320) — that’s four times more pixels than 4K. The OLED panel itself is the largest that LG has ever shipped in a TV. Barely any 8K content exists in the world right now, of course, and that’s not likely to change soon. LG is addressing this by leaning on its second-generation Alpha 9 8K processor that uses deep learning algorithms to help upscale images to a higher resolution. LG says the TV will also use deep learning to generate virtual 5.1 surround sound with support for Dolby Atmos. We’ll have to see how well those technologies justify the unsurprisingly...