Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
IBM Nears $11 Billion Deal to Acquire Confluent in Major AI and Data Push 
Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
Nvidia Develops New Location-Verification Technology for AI Chips 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Trump Criticizes EU’s €120 Million Fine on Elon Musk’s X Platform 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Samsung Electronics has officially entered the extended reality (XR) market with its new Galaxy XR headset, unveiled on Tuesday. Priced at $1,799, the device costs nearly half of Apple’s Vision Pro and is powered by Google’s Android XR operating system and Gemini AI technology, along with Qualcomm’s Snapdragon XR2+ Gen 2 chip. The launch marks a major step in Samsung’s decade-long pursuit of immersive computing devices under its “Project Moohan”collaboration with Google and Qualcomm.
The Galaxy XR blends virtual reality (VR) and mixed reality (MR) experiences, allowing users to watch YouTube videos, play games, and interact with their surroundings. Through Google’s Gemini AI, the headset can analyze real-world objects and provide contextual information or directions, creating an immersive, intelligent experience that Apple has yet to match. According to analysts, Google’s software integration adds significant value, estimated at around $1,000, to Samsung’s new device.
Customers purchasing the Galaxy XR in 2025 will enjoy 12 months of Google AI Pro, YouTube Premium, Google Play Pass, and exclusive XR content. Samsung and Google have also announced partnerships with eyewear brands Warby Parker and Gentle Monster, signaling plans for lighter, AI-powered smart glasses in the future.
While Meta continues to dominate the VR market with roughly 80% share, and Apple competes at the high end, Samsung’s Galaxy XR could emerge as a strong contender in both enterprise and premium consumer markets due to its competitive price and AI integration. Despite challenges in the shrinking global VR market—forecasted to decline 20% year-over-year in 2025—Samsung’s timing and AI collaboration may help reshape the future of immersive computing.
