Companies & Sectors
Facebook unveils 360-degree 3D video camera at F8 developer conference

The company calls this new device the Facebook Surround360, and this summer, it will give away both the camera's hardware designs and the complex software for free

 

Taking the video recording to a next level, social media giant Facebook unveiled its own 360-degree stereoscopic 3D video camera at the two-day F8 developer conference underway at the Fort Mason in San Francisco, California.
 
The company calls this new device the Facebook Surround360, and this summer, it will give away both the camera's hardware designs and the complex software -- for free -- that weaves the camera's myriad images into one complete three-dimensional landscape, a report in WIRED said on Tuesday.
 
Built for $30,000, this black circular camera has a disk-shaped spaceship-like design that has 17 evenly spaced lenses. 
 
The camera records images from all 17 of those lenses and produces a 360-degree spherical video for viewing both inside virtual reality headsets like the Samsung Gear (stereoscopic 3D) and on ordinary smartphones, tablets, and PCs (monoscopic). 
 
Similar types of videos are already popping up in News Feeds on the Facebook social network.
 
You can think of these videos as a bridge to the kind of full-fledged virtual reality Facebook plans on offering through the Oculus Rift, the VR headset it released late last month, the report added.
 
Facebook said that although the Oculus is primarily a way of playing games but soon the headset will foster a new breed of communication and entertainment atop its social network. 
 

 

Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Using Netbanking & ECS Smartly
Netbanking is safe and easy for everyone, especially women and senior citizens, explained Abhay Datar at a Moneylife Foundation event
 
With technological advances in financial transactions, like using Internet banking facility or electronic clearing system (ECS), life has become much easier, provided you follow some basic rules and take precautions, said Abhay Datar, a retired banker and consumer activist. He was speaking at Moneylife Foundation workshop on “Understanding ECS, Direct Debits, Online Banking and ATMs”. He explained what consumers should do if they have been defrauded.
 
Mr Datar, who retired from Bank of Baroda as its IT manager, explained the process for obtaining login ID, password and transaction password by filling the appropriate forms from the bank branch, where the customer has her account. “After receiving the login credentials, at the first login, the system would prompt you to change the password. Since it is for your own safety, do change the password at first login, and then, after regular intervals,” Mr Datar advised.
 
According to Mr Datar, using the virtual keyboard for login into netbanking is a better way to keep your credentials secure. He then informed the audience about various safety features like one-time password (OTP), transaction limits and timeout for completing transactions.
 
Mr Datar, who is also a managing committee member of Mumbai Grahak Panchayat (MGP), then spoke about using the ECS facility of banks. He said, “The ECS credit is for receiving various credits to our account, such as dividend and interest; whereas ECS debit is used for paying telephone, mobile, electricity bills, insurance premium, and SIP of mutual funds. In both the cases, we have to fill up a form and register these with our bank, which may charge Rs100 as one-time fee,” he said. Mr Datar explained the logic behind the MICR code, allotted by the Reserve Bank of India and bank account numbers. 
 
Explaining the benefits of using ECS facility, Mr Datar said, “In ECS debit form, we can define maximum debit limit thereby restricting funds outflow. As far as SIP and insurance premium are concerned, the amount is fixed and does not change every time. For utility payments, we can define the maximum debit limit. The best way to define this limit while availing ECS is to check our previous bills, find out the bill with the maximum amount, keep some buffer and set the limit.”

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