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Hey Waivly Crew! 🌊 According to an analyst, Apple’s AR headset will feature two processors, the main having the same computing power as the M1 chip. Xiaomi is set to build a factory in Beijing that will produce 300,000 EV’s annually.

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This Waivly edition is brought to you in partnership with Lloyd, the career copilot platform that gives you personalised career coaching advice, and keeps you accountable to your career goals by giving you friendly and expert guidance, helping you achieve them in record time. Try it for free here.

Apple's mixed reality headset could have Mac-level performance

Apple’s long-awaited mixed reality headset is expected to be powered by two processors, similar to Apple’s M1 chip.

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Apple analyst Ming-Chi Kuo has revealed new details surrounding Apple’s mixed reality headset in a note to investors. The AR headset will have a processor “with the same computing power level as the Mac” along with a chip design that will put the Apple AR headset ahead of its competitors.

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It is expected to launch in late 2022 with the ability to support both AR and virtual reality (VR) experiences thanks to a pair of 4K Micro OLED displays from Sony, which is only possible because of the significant amount of computing power from the processors.

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“Apple’s AR headset requires a separate processor as the computing power of the sensor is significantly higher than that of the iPhone. For example, the AR headset requires at least 6-8 optical modules to simultaneously provide continuous video see-through AR services to users. In comparison, an iPhone requires up to 3 optical modules running simultaneously and does not require continuous computing,” Kuo revealed.

Xiaomi’s EV factory to produce 300,000 cars per year

Chinese smartphone giant Xiaomi Corp is planning to build a factory that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit.

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According to economic development agency Bejing E-Town, the factory will be constructed in two phases. It was also revealed that Xiaomi will build its auto unit's headquarters and sales and research offices in the Beijing Economic and Technological Development Zone.

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Xiaomi has planned to invest $10 billion into its EV division to go up against companies such as Tesla and Xpeng. With China being one of the biggest markets for EVs, its vehicles will likely be a success.

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Last October, Xiaomi’s CEO, Lei Jun, first revealed that the company hoped to mass-produce electric vehicles in 2024, so the new factory will help towards reaching that goal.

The Waves

🛰️ India tells Starlink to stop offering satellite internet without a license

🖼️ Bitcoin Latinum launches world's first Bitcoin Enabled NFT platform

🛍️ Online spending on Black Friday decreased for the very first time

👋 Spotify announces it is ‘retiring’ Car View

📈 UK digital services tax targets crypto exchanges

NFT Special

Phish Headz

As a Phish Head, you start off as just a small Phish in the "opensea" and as you collect more, you gain access future sea creatures. Phish Headz is intended to be a community project, allowing holders to have a say in its future.

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Compressed Stories

Oz has been an abstract painter for over 17 years and recently decided to try his luck at NFTs. His collection, Compressed Stories, is a series of unique oil paintings on canvas that get burned right after each picture is taken.

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David Utomon

David Upton is an illustrator who uses both mediums of 2D and 3D. The NFT above is a medieval ranger art piece which re-imagines the Green Mighty Morphin Power Ranger as a medieval knight based on David’s favourite show from the 90s.

Spotify will be retiring its Car View feature

Spotify's car view feature that makes the music streaming service app look less distracting and easier to control will be retired after just three years of its launch.

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According to a Spotify moderator that answered a post on Spotify's community forum asking why the car view feature is missing explained that Spotify is retiring the feature as "an effort to make way for new innovations coming down the track." The retirement of the feature does not mean that Spotify is not trying to improve how listeners use their music streaming service while driving.

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The Spotify team is constantly working and developing ways to improve in-car user experiences, but at the moment, they are not working on a potential replacement for the car view feature.

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It is unclear whether the feature will only be retired only on Androids or all platforms, but the feature at the moment will still be available on iPhone. It will no longer work on Android devices since Spotify is retiring it to make way for new features on the Android version of the music streaming platform.

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Although there is no current replacement for the car view feature, users can utilize an alternative to the feature by using the hands-free mode via Google Assistant, which will also work with Google Maps to help users navigate while listening to music through Spotify. Users on iOS can control music hands-free from Spotify by saying "Play Paramore on Spotify" to Siri.

Own and secure your crypto

If you’re into cryptocurrency and own crypto assets, you need a secure place to store your coins and tokens. You probably already know that you shouldn’t store your crypto on an exchange due to potential hacks, not being solely in control of your crypto’s private keys, and for other reasons, and so a hardware wallet is the way to go and the best option to protect your private keys, therefore, you should make the move to a Ledger wallet.

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Ledger wallets are an extremely secure and premium way to secure, manage, and grow your crypto assets with their Bluetooth-enabled hardware wallets, and easy-to-use app which lets you manage your portfolio on the go. They let you manage multiple assets, buy, sell, grow, and exchange crypto, gain financial freedom by you being in full control and ownership of your private keys, and so much more.

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The wallets are really simple to setup, and to move your crypto over to, so there’s no reason not to secure your assets and take control of your cryptocurrency now and get yourself a Ledger device. You can manage 1800+ coins and tokens directly in the Ledger Live app once you’ve got your device up and running, so you’ll always have your entire portfolio covered.

Share The Wave

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