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VR HEADSETS INVESTMENT
Why Mark Zuckerberg is shutting down Meta's Horizon World five years after calling it next big thing and $80 billion investmentMeta is ending its Horizon Worlds virtual reality platform for Quest headsets. After a massive investment of $80 billion, the company is re...- Meta layoffs 2026: CTO Andrew Bosworth confirms job cuts for roughly 10% of employees within the Reality Labs unitMeta Platforms is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from...
- This technology has cost Meta $60 billion. Why did Mark Zuckerberg chase it and lose tens of billions of dollars?Meta has lost a lot of revenue on certain projects that were earlier projected to be major revenue gainers. How much did Meta CEO Mark Zuck...
- Meta unveils cheaper VR headset, AI updates and shows off prototype for holographic AR glassesSeemingly in his element speaking to a cheering crowd, Zuckerberg said Meta is working to "bring the future to everyone" with its headsets,...
- AI and VR coins are the hottest crypto categories in 2024 – Here are two projects not to missWienerAI is a cybernetic dog coin blending AI superpowers, a dog coin theme, and sausage elements. 5th Scape is a VR project offering MMA b...
- ByteDance says committed to VR business Pico after report of it shutting brandThe Pico headsets are often seen as ByteDance's answer to the popular Quest headsets developed by Meta Platforms Inc. Pico has the biggest ...
- Ubisoft sets sights on VR, AI shakeups in future of gamingUbisoft has long been known to take chances on new gaming innovations -- the company launched an early partnership with Nintendo on its 200...
- Stop and smell the metaverse roses: virtual world on display at CESSome entrepreneurs at the annual CES gadget fest that ends Sunday in Las Vegas were eager to combine real and virtual worlds to help people...
- Meta Reality Labs puts 'about half' of operating expenses into ARMeta is directing "about half" of its Reality Labs' operating expenses toward augmented reality (AR) and is committed to its vision for the...
- Meta unveils $1,500 Quest Pro VR headset. Will it sell?Facebook parent Meta unveiled a high-end virtual reality headset on Tuesday with the hope that people will soon be using it to work and pla...
- US sues to stop Facebook from buying WithinThe FTC, which voted 3-2 to approve the request to seek an injunction, argued that the acquisition of Within by Facebook would "tend to cre...
- Apple's AR/VR headset expected to release in January, says analystAccording to a recent report in The Information, Apple's AR/VR headset could have up to 14 cameras to track its movement
- ByteDance shuts game development studio, lays off over 100ByteDance's gaming studio had around 300 employees and according to the report, some of them have been transferred to other verticals withi...
- Facebook-owner Meta gives preview of its first store, enterprise toolsThe store, set to open on May 9, is located at the main campus for Meta's Reality Labs unit. The unit is developing the hardware products t...
- Facebook-owner Meta to open first physical store in metaverse betThe 1,550-square feet Meta Store at the company's Burlingame campus in California opens on May 9, and will feature demos for its Quest 2 VR...
- Meta to open first physical store in Metaverse betThe 1,550-square feet Meta Store at the company's Burlingame campus in California opens on May 9
- Can Facebook make virtual reality happen for real this time?Though tech giants like Facebook and Sony have spent billions of dollars trying to perfect the experience, virtual reality has stayed a nic...
- An unforgettable experience: This museum in NYC uses VR to give visitors an insight of others' thoughts72% of people in this generation prefer to spend money on experiences than on material things.
- How VR tech is changing reality thick and fastCompanies like Facebook-owned Oculus, HTC, Google, Samsung and others have put in large investments to further VR.
- Virtual reality headset market touches $3.4 mn in Jan-Mar quarterRising demand from gaming enthusiasts as well as with recent launch from major smartphone players such as Samsung and Lenovo have further b...
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