TAIPEI, Jan. 12, 2021 /PRNewswire/ -- Mixed reality is expected to be a killer application of the 5G networks and trigger a paradigm shift of computing platform, just like smartphones did a decade ago. Despite the bright future envisioned, existing mixed reality devices often cause dizziness and discomfort and hinder users from the true joy of mixed reality.
PetaRay, a startup company, is chartered with the mission to deliver the most natural and comfortable experiences for mixed reality by providing industry leading light field technology. It positions itself as a key enabler of this next-generation computing paradigm.
Solution
"The primary cause of the dizziness and uncomfortable feeling of existing near-eye displays is the vergence-accommodation conflict," said Jack Wang, the CEO of PetaRay. "Vergence-accommodation conflict is inevitable for conventional displays with a single fixed focal plane, and PetaRay has developed an innovative and elegant solution to solve the problem."
PetaRay's solution is called LiFiD, which is delivered in the form of optical module for near-eye displays. It reproduces the light rays of a scene and projects them directly onto user's retinas. The optical module is nicely packaged to offer a compact form factor extremely suitable for wearable devices. In addition, it can accommodate many different kinds of glasses and displays.
Besides projecting light rays directly onto user's retina to solve the vergence-accommodation conflict, LiFid has continuous focal planes and allows the display content to precisely match the desired depth of field. No eye tracker and/or other sensors are needed for the projection.
Professional Team with Experience and Passion
PetaRay has a wide range of expertise ranging from optical design to signal processing. Dr. Homer Chen, the founder of PetaRay and a renowned multimedia expert, has seventeen years of high-tech R&D and management experiences in the US industry. Jack Wang, the CEO of PetaRay, has abundant leadership experiences in electronics industry serving as the R&D Vice President and Co-Founder of Syntek Semiconductors and Myson Century and the CEO, Chairman, and Co-Founder of Tenx Technology. Dr. Jerry Chen, the COO of PetaRay, was the COO and CFO of Augentix, Inc. and Managing Director of Corporate Development at AsiaInfo Technologies, Inc.
CES 2021 TTA-VR Pavilion: https://pse.is/3bdrus
View original content:https://www.prnewswire.com/news-releases/ces-2021-natural-and-comfortable-mixed-reality-experience-301207123.html
SOURCE PetaRay
SAN JOSE, Calif., Oct. 27, 2020 /PRNewswire/ -- There's a new breed of buy now, pay later (BNPL) services being offered to online shoppers. You may have noticed one of these installment plan options while shopping online at your favorite retailer. These plans allow purchases to be paid off in multiple payments over time rather than all at once. They're similar to layaway, except that your products are shipped right away. What follows is what you need to know about buy now, pay later services and credit, from myFICO.
For more loan and credit education, visit myFICO's blog at https://www.myfico.com/credit-education/blog.
How Buy Now, Pay Later Services Work
Some BNPL services are offered with no fees or interest and sometimes no upfront payment, which can be attractive even for shoppers who have a credit card with available credit. Depending on the purchase amount, you may be presented with multiple payment options with different monthly payment amounts and interest rates. Choose the one that fits your budget, then provide your payment information.
For repayment, the service may link directly to your banking account, making it easier to pay off the balance and eliminate late payments as long as the account is open and funds are available.
Shoppers are embracing the opportunity to buy now and pay later. According to a survey from The Ascent by Motley Fool, more than a third of U.S. consumers have used a BNPL service. While most people say they have used the services to avoid paying credit card interest or buy something not in their budget, only ~22% say they understand all the service's terms and conditions.
The Impact on Your Credit
Remember that even if there's no credit check for a BNPL service, your credit could still be impacted. For example, missed payments could affect your FICO® Score, according to Janet Alvarez, Credit Card & Personal Finance Expert at The Ascent by The Motley Fool. You could also face penalty interest rates or fees on top of negative marks on your credit report.
Most services require you to provide your credit or debit card information, which typically help you avoid missed payments. However, you could default if your payment is declined or returned by the bank, for example, if you don't have sufficient funds or your account is closed. The provider might also consider you to be in default if you file for bankruptcy while you have an outstanding installment plan, you provide false or inaccurate information, or you otherwise violate the terms of the installment agreement.
Some services may check your credit to determine eligibility. With Affirm and Klarna, these aren't hard credit checks that affect your credit.
PayPal Credit may be offered at checkout, but you're actually signing up for a reusable line of credit, which is more like a credit card than a BNPL service. Some purchases made with PayPal Credit qualify for six months with no interest, and monthly payments are reported to the credit bureaus, whether late or on-time.
Tips for Borrowing Responsibly
If you're using a credit card as the payment method for the BNPL purchase, make sure you pay that balance in full and on-time each month. Otherwise, carrying a balance will lead to interest, and late payments will incur a fee and potentially damage your FICO® Score
Like other inaccurate information, you're allowed to file a dispute with the credit bureaus if you believe information about a BNPL service is inaccurate. Accurate negative information can remain on your credit report for up to seven years and factor into your FICO® Score.
Of course, when you're considering BNPL services for purchases, you should factor in your ability to pay. Smaller payments could tempt you into spending more than you actually can afford. While the payments may be more affordable, keep in mind any major expenses you have coming up that could impact your payments.
About myFICO
myFICO makes it easy to understand your credit with FICO® Scores, credit reports and alerts from all 3 bureaus. myFICO is the consumer division of FICO– get your FICO Scores from the people that make the FICO Scores. For more information, visit https://www.myfico.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/how-buy-now-pay-later-services-affect-your-credit-301160035.html
SOURCE myFICO
Regulatory News:
Eutelsat Communications (Euronext Paris: ETL) and Intelsat S.A. have signed a long-term partnership agreement securing the 48°East orbital position. EUTELSAT QUANTUM will be located at the position, where the operators both have orbital rights.
Expected to be launched by the end of 2020, EUTELSAT QUANTUM is a full expansion satellite providing premium capacity with unprecedented flexibility features. Its ground-breaking software-based design enables users to actively define and shape performance and reach to meet their specific requirements. The 48°East position, with its extensive coverage, notably of the MENA region, is ideally placed to address, amongst others, the unique needs of government users.
Under the agreement, the capacity on EUTELSAT QUANTUM will be distributed by Eutelsat and its subsidiary, Eutelsat Americas Corp. and Intelsat and its subsidiary, Intelsat General Communications LLC (IGC), thereby maximizing the commercial potential of the satellite and creating conditions for the fastest possible ramp-up of the satellite.
Each partner will benefit from the commercial reach of the other, notably in the government vertical, where IGC plans to offer the EUTELSAT QUANTUM satellite payload with additional security enhancements including secure and protected payload management, customized power allocation and on-demand beam forming. The resulting collaboration will enable the EUTELSAT QUANTUM payload to meet the U.S. government’s most demanding Information Assurance (IA) and Cybersecurity requirements.
Commenting on the agreement, David Bair CEO and President of Eutelsat America Corp said: "We are delighted to partner with Intelsat to optimize the commercial potential of the assets represented by the 48°East position and the innovative features of EUTELSAT QUANTUM. This ground-breaking satellite has already attracted significant interest from potential Government customers, and we are also excited to team with industry leading systems integrators to provide this unique capability as part of a high value solution”.
IGC Regional Vice President Rick Henry further commented: "Our collaboration with Eutelsat brings together the best minds in the industry to quickly meet the unique needs of our government customers through an innovative operating model and satellite deployment. This type of industry collaboration is truly a ‘win-win’ for everyone, and we look forward to a productive, long-term partnership with Eutelsat at 48°East.”
About Eutelsat Communications
Founded in 1977, Eutelsat Communications is one of the world's leading satellite operators. With a global fleet of satellites and associated ground infrastructure, Eutelsat enables clients across Video, Data, Government, Fixed and Mobile Broadband markets to communicate effectively to their customers, irrespective of their location. Around 7,000 television channels operated by leading media groups are broadcast by Eutelsat to one billion viewers equipped for DTH reception or connected to terrestrial networks. Headquartered in Paris, with offices and teleports around the globe, Eutelsat assembles 1,000 men and women from 46 countries who are dedicated to delivering the highest quality of service.
For more about Eutelsat go to www.eutelsat.com
www.eutelsat.com – Follow us on Twitter @Eutelsat_SA
View source version on businesswire.com: https://www.businesswire.com/news/home/20200729005853/en/
