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What You Need To Know About The $100 Million Virtual Reality Bet From HTC Vive

Gear Up On Five IoT News Bites To Start Your Wednesday.

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HTC $100M VR Fund HTC is dropping $100 million into an accelerator fund, Vive X, meant to jumpstart new virtual reality content and tech. The maker of the HTC Vive VR headset wants to see more virtual reality startups, particularly "valuable content providers or content enablers for the Vive platform," says the firm. Accelerator programs will be based in Beijing, San Francisco, Taipei, among other sites, and those interested in joining can apply on Vive's site. Be prepared, though, to know your monthly burn rate, your years of VR experience, and your favorite game. (Hint, pick something you can play on HTC Vive like the one below.)

Self-Flying Drone First brain waves drones. Now drones that fly on their own? That's Hover, an autonomous flying camera, actually, that looks a bit like a flying waffle maker. Hover, however, is expected to be so popular with consumers (no, it hasn't launched yet) that its company Zero Zero Robotics has landed $25 million in funding.

Nintendo Launches NX Nintendo's planning for a new console, code named NX, according to a financial earnings announcement today. The gaming platform will launch March 2017— and is "a brand-new concept," says Nintendo.

Hackers Have Waze? If you're like one of the millions who use popular traffic app Waze, there is a chance hackers may know your whereabouts. Researchers at the University of California, Santa Barbara found a kink in the the Google-owned program that allows others to create fake drivers, plug them into the app, and then track real users, according to a story in Fusion. The fix? Updating to the latest Waze app.

OneRing for Parkinson's So it's not a Ringly. But OneRing has loftier ambitions. The Kickstarter-backed device is worn as a ring, monitoring your movement during the day, then sending those details to your doctor to help them fine-tune the medication they prescribe for Parkinson's patients. Developed by high school student Utkarsh Tandon, OneRing is expected to ship early models in the coming weeks—as Tandon juggles deliveries with his AP exams.

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