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Verizon Q1 solid, but wireless business has multiple moving parts ahead of 5G

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How 5G will transform business
The next generation of mobile technology, or 5G, has the potential to supercharge the evolution of everything from smart cities and autonomous cars to augmented reality and AI. Larry Dignan and Bill Detwiler talk about 5G and its potential.

Verizon reported a solid first quarter with better-than-expected earnings and outlook for 2019.

The company reported first quarter earnings of $1.22 a share, or $1.20 a share on a non-GAAP basis, on revenue of $32.1 billion.

Wall Street was expecting Verizon to report revenue of $32.16 billion with earnings of $1.17 a share.

Verizon said it added 61,000 retail postpaid net additions including 174,000 postpaid smartphone additions with retail postpaid churn of 1.12 percent with churn of 0.84 percent for phones.

CEO Hans Vestberg touted Verizon’s 5G rollout as a way of “expanding our high-valued customer relationships.”  

Verizon just turned on its 5G network in the US a week ahead of schedule |  CNET: Verizon’s 5G network launch was rocky at best, but it has a plan

Verizon noted that its first quarter capital expenditures were $4.3 billion due to the build out of its 5G network and data and video usage on its 4G LTE service.

In the wireless business, Verizon noted a series of moving parts. For instance, Verizon’s 61,000 retail postpaid net additions in the first quarter included 44,000 net phone losses, 156,000 net tablet losses offset by a 261,000 net adds due to wearable and connected devices.

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Meanwhile, customers are buying higher-priced plans with more connections per account.

Verizon also said it grew its wireline revenue 3.9 percent to $7.3 billion in the first quarter. FioS revenue was up 3.6 percent, but Verizon lost 53,000 FioS video connections and added 52,000 FioS Internet connections.

Media revenue from Verizon Media Group, which includes Yahoo and AOL, had revenue of $1.8 billion in the first quarter, down 7.2 percent from a year ago.

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For 2019, Verizon said it expects adjusted earnings growth in the low single digits, up from flat. Revenue will also grow in the low single digits percentage wise. Capital spending for 2019 will be $17 billion to $18 billion.  

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10 Apple Vision Pro Features Already Available With Meta Quest

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Apple’s headset features a number of high-definition cameras which record the room around you and relay that recording to the device’s impressive screen. As a result, you can see exactly what’s going on in the room, and this can serve as a background to what you’re doing. Once again, however, this innovative feature is already available on Quest headsets, where it is known as Passthrough — although it varies in quality. 

Older headsets, like the Quest 1 and Quest 2, use a greyscale Passthrough system, which appears in black and white. The Quest Pro has color Passthrough, though this is the same greyscale system as its predecessors use but with color added before it hits your eyes. As a result, it isn’t what you’d call an HD experience.

That said, the Quest 3 is putting a heavy emphasis on augmented reality and may have a higher-quality Passthrough feature. It may also include the depth sensor that was supposed to be built into the Quest Pro, which will be very useful for augmented reality experiences. Instead of trying to tell the headset where the floor, walls, or tabletops are, the depth sensor can just work it out. 

Either way, you can see your surroundings through a Quest headset. In addition, you can also select various environments to work in on the Quest if you hate the things you’re surrounded by in reality — just like you can with the Vision Pro.

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Features Of The Eurofighter Typhoon That Make It One Of The Best Fighter Jets Ever Built

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Like a lot of military technology, development of the Eurofighter Typhoon began around the Cold War. It was intended as a revolutionary aircraft that would defend Europe as a new time of uncertainty unfolded, as a joint venture between Spain, Germany, Italy, and the United Kingdom.

Equipped with a pair of Eurojet EJ200 afterburning turbofan engines and at a cost of $90 million each, the Eurofighter was also expected to keep pace with the developments such aircraft as the United States’ formidable Lockheed Martin F-22 Raptor, according to Aerocorner. Alas, its fielding was no easy ride: The collaborative nature of development proved difficult to manage, and certain futuristic elements of the aircraft made its development time-consuming and costly. It wasn’t until 2002 that it began serving the U.K., German, Spanish, and Italian militaries, before being purchased by Austria and Saudi Arabia as well.

The Eurofighter Typhoon boasts revolutionary technology to aid in both defensive and offensive endeavors.

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Elon Musk Says Tesla Is Open To Licensing Out Autopilot And Other EV Tech

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Now, Musk’s offer isn’t a philanthropic endeavor to redeem humanity from the environmental burden of gas-guzzling cars. Licensing only means the automaker that eventually bites will have to pay a fee for every car in which the Autopilot tech is used, just the same way Arm collects royalty for its chip design. But the bigger question is, who will embrace Tesla’s Autopilot and Full Self-Driving (FSD) tech?

In 2016, Musk claimed at a conference that “a Model S and Model X at this point can drive autonomously with greater safety than a person.” Multiple accidents happened in the years that followed, some allegedly due to issues with the Autopilot system in Tesla cars.

Interestingly, when Musk’s claims about Tesla Autopilot tech were brought forth in a lawsuit involving a fatal crash, Musk’s defense argued that those statements were possibly deepfakes. In January, another bombshell allegation dropped in which it was claimed that early promotional videos for the self-driving tech weren’t real, but staged. In light of these things, there’s a big question with no clear answer: given Tesla’s checkered track record with its in-house Autopilot tech, would any rival EV maker be willing to utilize the system in its own cars?

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