New LG platform Art Lab lets users buy, sell NFTs through its premium TVs

New LG platform Art Lab lets users buy, sell NFTs through its premium TVs

LG Electronics on Monday launched its very own non-fungible token (NFT) platform called LG Art Lab compatible with its premium TVs.

The new platform, available in the US on the company’s TVs running webOS 5.0 or later and accessible directly from the home screen, enables users to buy, sell and enjoy high-quality digital artwork.

“When displayed on the cinematic, 16:9 aspect ratio screens of LG’s TVs, NFTs come fully to life,” the company said in a statement.

LG’s new platform is based on the Hedera network — the enterprise-grade public ledger for the decentralised economy.

It makes buying and selling as simple as possible, incorporating onscreen QR codes that let users quickly complete transactions via Wallypto — the company’s crypto-currency wallet for smartphones, LG said in a statement.

Once purchased, an NFT can be traded on ‘LG Art Lab Marketplace’, where users can easily view transaction history, while in ‘My Collection’, they can admire all of their owned artworks.

The platform includes the ‘LG Art Lab Drops’ feature, which profiles artists and previews new works coming soon to the platform.

Meanwhile, the real-time Live Drops countdown ensures users never miss an opportunity to acquire a ajust dropped’ NFT.

LG Art Lab welcomed the first-ever digital artwork from well-known sculptor Barry X Ball.

Famous for reinterpreting classical and modernist sculptures using the latest 3D scanning and printing technologies, as well as traditional techniques, Barry X Ball is now making his exciting debut in the world of NFT art with unique ‘Metal’ series digital works.

–IANS

na/dpb(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Premium smartphone ASP grows 8%, reaches record high at $780, Apple leads

Premium smartphone ASP grows 8%, reaches record high at $780, Apple leads

The average selling price in global premium smartphone market ($400 and above) grew 8 per cent (year-on-year) to reach a record $780 in the June quarter this year, a new report showed on Thursday.

Apple captured 57 per cent of premium smartphone market sales, while Vivo surpassed OPPO to become the third largest premium smartphone brand for the first time.

This was driven by the 94 per cent (YoY) sales growth in the $1,000 and above price segment.

In terms of sales, the premium market continued to outperform the overall global smartphone market for the ninth consecutive quarter, reports Counterpoint Research.

The segment alone contributed to over one-fourth of premium smartphone sales and over a fifth of global smartphone revenues in Q2 2022.

“As 5G is becoming more prevalent, consumers are upgrading their devices. This is especially significant, as the large installed base of premium iPhone users upgrades to 5G. Apple’s sales grew 114 per cent YoY, capturing over 78 per cent of the $1,000 and above price segment,” said senior analyst Varun Mishra.

Consumers whose finances were not affected by the pandemic have been using the extra disposable income created due to restricted travel to buy more expensive devices, including smartphones.

As lower price tiers got affected more by inflationary pressures, the premium market’s revenue contribution to the overall smartphone market increased to 60 per cent in Q2, from 58 per cent in Q1 this year.

Samsung’s sales grew 2 per cent YoY and its share also increased as the S22 Ultra continued to be the best-selling Android smartphone in the premium segment for the second consecutive quarter.

“The second half of the year will also be marked by key launches like the new Fold series from Samsung and the new iPhone series from Apple, which are likely to drive growth in the premium segment,” said Research Director Tarun Pathak.

Chinese OEMs will also start to bring their foldable devices to the global markets, further expanding the premium market portfolio, he added.

–IANS

na/(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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[Free] [App] Secure VPN – Unlimited Proxy

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Premium Driver App Launched As Low-Cost ADAS Backup, Supplement

Premium Driver App Launched As Low-Cost ADAS Backup, Supplement

Image generated by the mobile app Driver which monitors both road conditions and driver … [+] attentiveness and issues appropriate alerts and creates a video of each trip.
Driver Technologies Inc.

You’re driving along when a pedestrian suddenly dashes out into the street triggering warning beeps to alert you take action. That alert isn’t coming from a sophisticated advanced driver assistance system (ADA
ADA
S) or from the console of an autonomous vehicle, but courtesy a free smartphone app called Driver created by startup Driver Technologies Inc.

On Tuesday, the company announced the formal launch of a paid, premium version that offers a wide menu of additional features.

Using a combination of a smartphone’s camera and artificial intelligence, Driver ratchets up the device from a simple dash cam to what Driver Technologies co-founder and CEO Rashid Galadanci calls MADAS, mobile advanced driver assistance system.

Rashid Galadanci, Driver Technologies Inc. co-founder and CEO
2014 +2 Ian Coe

“As you drive we monitor the road outside the vehicle for cars, pedestrians, motorcycles, buses, trucks, animals, things like that, understanding the lanes, understanding the distance between you and those objects and then we monitor the driver for drowsiness and distraction, attentiveness, playing with the phone, what direction they’re looking and then real time on the edge we alert you audibly and visually if we think you’re at risk or we think you’re falling asleep,” Galadanci explained in an interview with Forbes.com.

All that is available on the free version of Driver. After a soft launch, the company announced Tuesday, the availability of a premium version that carries a monthly charge of $4.99 for consumers and higher rates for fleets and commercial organizations.

DriverCloud is a new feature of the premium version of the Driver mobile app that gives users access … [+] to cloud storage of video generated of their trips by the app and the ability to analyze and share each video.
Driver Technologies Inc.

That cost adds access to national roadside assistance through a partnership with the mobile app Honk, gas discounts through GasBuddy and DriverCloud where users can store video of their trips for later review or sharing on social media or with police or insurance companies to document incidents.
In addition to individual motorists the premium version of Drive is also aimed at fleets which might otherwise invest large sums for management systems to monitor driver behavior and activities along with providing links to secure road assistance.
“The commercial industry isn’t aligned with the products out there. 99% of the market are mom and pop fleets or one or two vehicles,” said Galadanci. “the last thing they need is to install is $700 a month hardware.”
It’s basically using existing smartphone capabilities that “unfortunately are used mostly for things like Pokemon Go!,” Galadanci cracked.
If many vehicles already are equipped with ADAS, why bother installing and using Driver, let alone pay for a premium version? Galadanci estimates only 8% of U.S. drivers actually have access to ADAS, park-assist or lane awareness technology in their cars or trucks and widely available and affordable self-driving vehicles for the general population are a pipe dream.
“I realized in horror some time in 2016 that despite the marketing pitch that was coming out of the (Silicon) valley, we weren’t going to have autonomous cars by the end of that year or the next year or the year after and they certainly weren’t going to work everywhere in the U.S. let alone everywhere in the world and what that would mean was we would have this continuation of the 1% of the 1% get access to this technology and no one else does,” Galadanci said as he related his thoughts in founding the company.
He stresses, however, even in ADAS-equipped vehicles Driver can be a supplement and not a substitute.
Galadanci grew up in both New Hampshire and Nigeria, his father’s homeland. While always interested in car safety, his interest became more acute after his father survived a collision while driving a Volvo in Nigeria. The other driver did not. His father exclaimed afterwards, “the Volvo saved my life” Galadanci recalled.
Thinking about the safety technology for which Volvo made a reputation along with the brand’s premium price, Galadanci rued the fact for many consumers that price was just too high.
“This kind of technology can always be difference and out of reach for a lot of people,” he explained.
Combining that reality with his lifelong interest in computer technology Galadanci decided there needed to be a more accessible way for almost any motorist at any economic level to be protected.
Thousands of drivers have found it hard to resist protection that costs nothing, or close to it.
Since the company was launched in 2018 the Driver app has been downloaded more than 200,000 times in more than 170 countries and now has “tens of thousands of active users all over the globe,” Galadanci said. For competitive reasons he declined to give exact user data.
Investors are betting Driver is in the fast lane. During a series A round of funding last year Driver Technologies raised just over $10 million from such firms as IA Capital, Liberty Mutual Strategic Ventures, State Auto Labs/Rev 1, The Social Entrepreneurs’ Fund, C2Ventures and Kapor Capital.
In the end, Galadanci believes Driver simply democratizes road safety and puts it in the hands of even the most cash-strapped motorists because while not everyone can afford a costly technology-stuffed vehicle, “everybody has a smartphone.”
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Amazon Mobile and TV Savings Days sale goes live. Check the entire offer here

Amazon Mobile and TV Savings Days sale goes live. Check the entire offer here

Amazon has announced Mobile and TV Savings Days bringing deals and offers on a range of the latest Smart TVs, smartphones, and accessories. Customers can get up to 10% instant discount on their favourite brands including Samsung, OnePlus, Xiaomi, Realme, OPPO, Tecno amongst others. 

The latest Tecno Pop 5 LTE, Tecno Spark 8T, OnePlus Nord CE, OnePlus Nord 2, Samsung Galaxy M52 5G, M32 5G, Mi 11X, Xiaomi 11 Lite NE 5G, Redmi Note 11T 5G, Redmi Note 10S, Redmi Note 10T 5G, Oppo A15s, iQOO Z5, IQOO Z3 and iQOO 7 are amongst other smartphones than will see great offers. 

Mobile and TV Saving Days will be live starting today until February 15.

Customers can enjoy 10% instant discount up to 2,000 using Federal Bank Credit cards and 1,500 on Federal Bank Debit Card and EMI transactions.

They can also avail exchange offers and convenient no-cost EMI for up to 12 months on their favourite smartphones. Prime Members can avail savings of up to 20,000 with Advantage Just for Prime, which includes benefits like 6-month free screen replacement and additional 3 month No Cost EMI on HDFC Bank Debit and Credit Cards. 

Here are some of the latest Smartphones and Smart TVs on with offers:

Xiaomi Smartphones and TVs

The Mi 11X will be available for as low as 25,999 including bank discounts and an additional 30,00 off on exchange. Xiaomi 11 Lite NE 5G will be available for 24,999 including bank discounts and additional 4,000 off on exchange. The latest Redmi Note 11T 5G will be available starting 15,299.

The Redmi TV 32 inches HD ready TV will be available starting 14,999 and Redmi TV 50 inch for 34,999. Mi 32-inch Horizon FHD TV will available starting 16,499. Get Additional up to 2,000 discount with Federal bank cards.

Samsung Smartphones and TVs

Samsung Galaxy M52 5G will be available for 22,999 including 10% bank instant discount. The Samsung Galaxy M32 5G will be available for 18,999 including bank discounts of 2,000. The Samsung 43 inch Crystal 4K Pro UHD TV will be available starting 36,990.

OnePlus Smartphones and TVs 

OnePlus Nord CE and OnePlus Nord 2 will be available for 22,999 and 26,999 respectively including instant bank discounts. OnePlus TVs will be available starting 16,499.

 iQOO Smartphones 

Customers can avail the iQOO Z5 for 21,990 and the iQOO 7 will be available starting 27,990 including bank discounts and Amazon coupons worth 2,000.

Tecno Smartphones

Get the newly launched Tecno Spark 8T and Tecno Pop 5 LTE for 8,639 and 6,029 respectively including 10% instant discount with Federal bank cards.

OPPO and Realme Smartphones 

Realme Narzo 50A will be available for 10,349 and Oppo A15s will be available for 10,641 with 10% instant discount with Federal bank Cards.

 Smart TV Offers 

Get 40% off on Amazon Basics 50-inch 4K TV and get it for 32,999. Get 30% off on Premium Sony 50-inch 4K UHD Google TV and get it for 75,990. Get up to 33% off on Hisense Vivid 4K UHD TV and get it for 29,990.

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