Archives for Business
Google Teases New AR Translation Glasses
Has Google finally cracked the machine translation conundrum? Following its I/O presentation mid this week, Google unveiled a nice surprise. The tech giant displayed a brief video of a pair…
Manus VR Introduces its New Quantum Metagloves, Pre-Orders Begin
Virtual reality gloves manufacturer Manus has opened pre-orders for its latest finger tracking gloves, the Quantum Metagloves. The company is targeting enterprise customers with its latest product. Manus Quantum Metagloves…
New KAT Walk Treadmill Targeting At-Home Uses, Kickstarter Begins
Kat VR’s first Kickstarter for its Kat Walk VR treadmill was in 2015. Now the company is going back to Kickstarter for a new round of fundraising for the second…
Meta Throttling Investments in the Metaverse
Meta is implementing a massive hiring freeze following its failure to hit revenue targets, internal memo shows. The scaling down in the company’s investments will affect Reality Labs. Meta is…
Meta Planning to Release 4 VR Headsets by 2024
The Information reports that Meta Platforms plans to release four VR headsets by 2024. The website cites an internal road map it saw. The aggressive launch timeline between now and…
How the Otherside Mint Crashed the Ethereum Blockchain
Bored Apes Yacht Club creator, Yuga Labs launched its much-anticipated Otherside Metaverse project last night to an enthusiastic uptake with the company selling 55,000 Otherdeeds NFTs and raking in close…
Meta is Opening its First Physical Retail Store this Month
Meta has been morphing itself into a serious hardware manufacturer over the past decade and now the company is set to open its first physical retail store where it will…
Varjo Launches Reality Cloud Streaming Platform for Immersive Design Collaborations
Helsinki-based XR startup Varjo has launched a new Reality Cloud platform called Varjo Cloud Reality that allows users to visit places in virtual reality via teleportation. Teleportation leverages cloud streaming…
Bored Ape to Rake In Over $330 Million in ‘Otherside’ Metaverse Land Sales this Weekend
Yugas Labs, pioneers in NFTs and the creators of the NFT Bored Ape Yacht Club (BAYC), are set to rake in just over $330 million from the sales of 55,000…
Social VR Portal Rec Room Hits 3 Million Active Monthly VR Users
The social VR platform Rec Room has now hit a new usage milestone: 3 million monthly active VR users. The social VR game is also available on other platforms such…