Facebook name change: what is Meta, the meaning of new name and Metaverse – Mark Zuckerberg

Mark Zuckerberg surprised the world in October when he announced his company had changed its name to Meta.

The announcement came as the Facebook founder and CEO delivered a presentation showcasing Facebook’s work on virtual reality technologies and the Metaverse – a concept which some believe could become the next version of the internet.

It’s a move that echoes what Google did when it changed the name of its parent company to Alphabet in 2015 – an alteration that represented its shift beyond simply being a search engine.

Mark Zuckerberg said he had chosen it as in Greek it means ‘beyond’.

“For me, it symbolises that there’s always more to build; there’s always a next chapter to the story,” he explained.

“Beyond the constraints of screens, beyond the limits of distance and physics and towards a future where everyone can be present with each other, create new opportunities and experience new things.”

A metaverse is an online world where people can game, work and communicate in a virtual environment.

This world already exists today through Meta-owned brand Oculus, which will itself be re-branded to Meta Quest in 2022, as well as Meta’s collaboration with glasses manufacturer Ray-Ban that allows users to see social media notifications via their glasses or sunglasses.

In his presentation, Mark Zuckerberg showed how his new metaverse concept ‘Horizon’ could apply to our future lives.

For example, he demonstrated how it could be used to hold realistic work meetings and help with education.

Source: Facebook name change: what is Meta, meaning of new name and Metaverse concept – and what Mark Zuckerberg said | NationalWorld

The Dream of U.S. Made Computer Chips

“There is a lack of precision in thought,” said Robert D. Atkinson, the president of the Information Technology and Innovation Foundation, a research group that supports U.S. government funding for essential technologies including computer chips. (The group gets funding from telecom and tech companies, including the U.S. computer chip giant Intel.)

Atkinson told me that he backed the proposals winding through Congress for government help for tech research and development, and for taxpayer subsidies for U.S. chip factories. But he also said that there was a risk of U.S. policy treating all domestic technology manufacturing as equally important. “Maybe it would be nice if we made more solar panels, but I don’t think that’s strategic,” he said.

Atkinson and people whom I spoke to in the computer chip industry say that there are important ways that computer chips are not like iPhones, and that it would be helpful if more were made on U.S. soil. About 12 percent of all chips are manufactured in the U.S.

In their view, manufacturing expertise is tied to tech innovation, and it’s important for America to keep sharp skills in computer chip manufacturing.“

We are one of the three nations on Earth that can do this,” Al Thompson, the head of U.S. government affairs for Intel, told me. “We don’t want to lose this capacity.” (South Korea and Taiwan are the other two countries with top-level chip manufacturing expertise.)

Source: The Dream of U.S.-Made Computer Chips – The New York Times

Bitcoin used as National Currency; Sports and NFTs; Tile Acquisition

I’m trying a different format with the use of video to discuss topics. Appreciate any input. Maybe next time I’ll dress for the part.

Topics of Conversation for this Episode.

  1. Explore the recent decision of El Salvador to adopt Bitcoin as their national currency
    https://www.nbcnews.com/news/latino/bitcoin-use-el-salvador-grows-setbacks-adopting-legal-tender-rcna2743
  2. Huge opportunity for EVERYONE involved in NFTs for sports memorabilia.
    https://rosemansolutions.io/2021/11/24/sweet-spot-for-digital-collectables/
  3. Review the acquisition of Tile by Life360
    https://www.prnewswire.com/news-releases/life360-to-acquire-tile-creating-the-world-leader-in-finding-and-location-solutions-301430364.html

Maison Reserve & Co. launches the world’s first cryptocurrency tethered to the supply and demand of consumer products

Maison Reserve & Co. launches cryptocurrency tied to the supply and demand of their manufactured consumer products. A huge twist on “Cash Back”, where consumers are “gifted” cryptocurrency as their rewards. Flexible / wider margins exist on the wholesale of manufactured goods, and “white label” consumer retail brands. The wider the margins, the more loyalty incentive can be passed onto the customer in the form of % of the purchase, and the rewards in the form of cryptocurrency.

Maison Reserve manufactures products consumers regularly buy such as deodorant, lotion, or shampoo. They then sell their products at competitive market prices and give the customer 50-75% cashback in form of Maison Reserve crypto (MRSV) which can be swapped for USD, BTC, ETH, or used for buying more products on the Maison Reserve & Co. website and partner sites.

Significant opportunity for big-box retail companies, such as Costco with “white label” brands/products. The new business model provides “Cash Back” for purchases in the form of cryptocurrency, % of the retail purchase.

Even the logo is genius. “Made with …”

Made With

Click here for the press release.

Another Episode of “WHAT IF…” this BIZ meets that Tech

Estimated reading time: 3 minutes

The idea for the “What If…” Business and Technology series for me, comes directly out of Marvel comics.  The comics ranged from “fictional” battles or plots that were so abstract yet tangent that it was nearly impossible to happen other than in a “one-off”, alternate reality, comic book in the Marvel Universe.   On the same premise, I will spin several stories that will most likely not happen in the “real world”, but we will bring them to light.

Apple Adopts the Palm OS Business Model

Apple spins off its mobile hardware business and focuses on the iOS operating system.  The mobile OS business unit, in theory, will have a robust and direct focus to drive revenue to their area.  We may see partnerships that would have never developed if these units are continued to be tied together.  Mobile iOS on OEM, 3rd party devices?   Multiboot mobile hardware for Android, Linux, and Mac iOS out of the box.  Competing and evolving lines, between the iOS tablets. How about mobile hardware from Motorola, Nokia, or Blackberry using iOS?

Allow Customers to Buy Gasoline as Units at Current Price on Loyalty Debit Cards

A legitimate reason IS NEEDED why in this day and age of commodities trading, storage, pipelines, trains, tankers, and trucks, why if I can buy stocks at current market value, or go on Ebay and buy 50 yards of antique bobbed wire at an auction, why can’t I go to a gas station and buy 50 UNITS of gas at the current price of gas that day? Upon return to the same brand gas station, I should be able to use my same loyalty debit card and subtract units of gas from the card, instead of the current price of gas that day.

EVs “in the field” Use Existing Home Energy Provider, with Transportation Charges Applied

Similar logic can be applied to Electric, and EVs but with a twist, incorporating the use of your home “energy provider”, and when charging ‘on the go’, only pay local “line usage/distribution” fees.

Full Article Here

Fundraising Using Public WiFi, and an UL/DL MB Meter Reading

What if commercial, public WiFi Hotspots partnered with a fundraising cause, and every MB exchanged (up and/or down), a donation of N cents would go to a charity-sponsored by you with Paypal. The business providing the WiFi would match the donation.

Greece Prosperity / Tourism: The World will Come See You in Augmented Reality (AR)

While perusing through all of the ruins, looking at the sites, watching the tour groups, and the tour guides explaining these empty ruins, I pondered, wouldn’t it be amazing to see the people of ancient times dressed in their clothing of the times, interacting with each other through the ruins as though the tourists were not even there. In effect, acting out scenes that perhaps took place thousands of years ago, echoes of the past. I thought why wouldn’t for starters, the government pays the people of the Arts and Sciences to go through scenes, such as basic interactions with a Librarian, studying in one corner, ignoring the world, and just reading and thinking, and in another corner of this library, there might be a quiet debate going on, in Greek of course, and through a translation application, any foreigner could hear their native language the interactions. It could be ancient commoners, to known ancient people of the past acting out scenes like echoes of the past, while tours just come up close and personal, pass by, even wave their hand in front of an actors hand, and he continues to act as if the tourists were not even there. All of these Greek actors would be prerecorded and play out in Augmented Reality (AR).

Full Article Here

 Tune in next time for more “What If…” episodes.

Tools of the Trade

2nd Edition – July 2021

Project Managers, Scrum Masters and Agents of Change

If you’re working on any type of project as a Project Manager, Scrum Master, or are part of any change management process, these tools should be in your technology toolkit. Over the years I’ve adopted the tools listed here. Some of these products were already part of the corporate environment, so I was required to use them, sometimes to my chagrin. In other corporate environments, I had the freedom to identify, select, and adopt one or more of these tools for teams I led. I hope this article introduces you to the next tool in your toolkit.

Project and Product Management Tools

Regardless of project implementation methodologies, as an agent of change, tracking requests for change, and approved changes for implementation should be quantified for effort and costs associated with the changes. Categorizing, classifying, prioritizing changes are all possible if changes are captured, tracked and opportunities compared.

Project and Product Management Tools
Project and Product Management Tools

Automation / Workflow

Project management automation? You bet!

Automation/Workflow
Automation/Workflow

Collaboration

Anyone not interested in a collaborative environment for dynamic projects doesn’t know the statement “Share the Blame, Pass the Credit.”

Collaboration
Collaboration

Communication

“There are no words to express…” so say it in a beautiful, graphical presentation that will get your message across.

Communication
Communication

Documentation

Meeting Minutes, Standard Operating Procedures (SOP), Functional Specifications, random notes, images of error messages, etc.

Documentation
Documentation

Financials / Project Reporting

I once had to track a project “THIS BIG“, and it came with a few accountants in tow.

Financials / Project Reporting
Financials / Project Reporting

Download a PDF of the Project Manager / Scrum Master Toolkit

Products in Use Today, and Additional Tools

This list is to highlight the most recent tools I’ve used “in the field”.  Just because I’ve omitted a product or service, it doesn’t mean I don’t advocate their use.  Please see the archive file below on additional tools I’ve used prior to my most recent engagements.

Last Published PM/SM Toolkit from 2017 ( Archive for Reference)

Want to Have Your Product Evaluated?

If you’re interested in a product review of your software targeting Project Managers or Scrum Masters, please contact me with your product information, and I will follow up.