Virtual reality has been touted as the future of entertainment for a long time now. From video gaming to sports, many have pointed toward VR as one of the most promising and exciting potential developments. But then Pokémon Go! happened, and all of a sudden augmented reality was not just on the radar, but making serious waves. So what’s the difference between VR and AR? And which is going to be more successful?
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Deliveroo, the London-based on-demand food delivery company, has secured an additional $275m (£200m) in a new round of investment. This means Deliveroo has now raised a total of $472.7m, which some believe pushes the company’s overall valuation over $1bn – the threshold required for so-called “unicorn” status. But is gaining unicorn status a guarantee of success?
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Sir Philip Green, who sold BHS for £1 in March 2015, has been branded the “unacceptable face of capitalism”. The reason: according to MPs, Sir Philip, Dominic Chappell, and others subjected BHS to a “systematic plunder” that led to the company’s collapse; in April, the company went into administration, leaving a £571m pension deficit. All remaining stores will close in August.
So were Sir Philip’s actions wrong? And does morality have any place in capitalism?
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