Virtuix, Inc. announced a collaboration with the U.S. Marine Corps Training and Education Command to lead an operational assessment of a multi-user virtual infantry training system. The system uses four Omni One omni-directional treadmills allowing a fire team of four Marines to physically move and train together in a shared virtual environment, replicating real combat movements. This immersive VR training aims to improve muscle memory and situational awareness, enhancing infantry readiness. The system is expected to be delivered by the end of 2026 and could expand to Marine Corps training centers nationwide if successful.
The U.S. Bankruptcy Court for the Central District of California confirmed the Plan of Liquidation for Oceanwide Plaza LLC, enabling the $470 million sale of the stalled Downtown Los Angeles development to KPC Square, a joint venture between KPC Grou...
A potential closure of the Bab el-Mandeb Strait in the Red Sea could disrupt oil shipments from the Middle East to Europe and Asia, pushing crude oil prices higher. This disruption would force tankers to take longer routes, increasing delivery times ...
When Bitcoin blocks reach their 4 million weight unit limit, new transactions don't stop but enter a competitive fee auction in the mempool, where miners prioritize higher-fee transactions for confirmation. This dynamic means transactions with low fe...
Legrand SA has shown solid growth driven by strong demand in datacentres and effective operating leverage, despite facing unit margin pressures from raw material inflation and tariffs. The company expects organic growth of 4-7% and plans pricing acti...
FTX is set to distribute an additional $900 million to creditors, bringing total repayments to over $10 billion. This milestone marks significant progress in the bankruptcy process, offering hope to creditors who have been awaiting recovery of their ...
