What Are the Benefits of Digital Identity in the Metaverse?

Interactive and immersive technologies, like augmented and virtual reality and esports, are trending in K–12 schools. Educators and IT teams are working together to bring these elements to students as a way to engage them in learning and prepare them for future STEM careers.
At Compton Unified School District in California, staff quickly found that introducing these advanced technologies strained the school’s bandwidth. The resulting slow speeds made VR feel less immersive and eliminated the option to compete in esports leagues.
Michele Dawson, the district’s senior director of educational…

Aaron Tilley / Wall Street Journal:
A look at HoloLens’ development, as Microsoft spurned an early lead in AR to cede ground to Meta and others; one executive blames a lack of money and people  —  Problems plagued development of its HoloLens augmented reality headset; ‘we had the opportunity to own this market’

Paul Sawers / TechCrunch:
Drata, which uses automation to help companies adhere to compliance frameworks, raised a $200M Series C led by Iconiq Growth and GGV Capital at a $2B valuation  —  Drata, a security compliance and automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR …

Sander Lutz / Decrypt:
In a federal lawsuit against crypto influencer Ian Balina, the US SEC claims the entire Ethereum network falls under the US government’s purview  —  In a civil complaint against a crypto influencer, the SEC suggested that it believes the U.S. government has jurisdiction over all Ethereum transactions.

Dan Taylor / Tech.eu:
Dublin-based Tines, which offers no-code automation tools for security teams, raised a $55M Series B extension, bringing the total Series B to ~$77M  —  Offering dead simple drag-and-drop automation workflows for cybersecurity teams, Dublin’s Tines has raised an additional $55 million in a Series B round extension.

Paul Sawers / TechCrunch:
Thomson Reuters plans to acquire tax automation software company SurePrep for $500M in cash, with the deal expected to close in Q1 2023  —  Thomson Reuters has announced plans to acquire SurePrep, a tax automation software company based in Irvine, California.