Archives for Business - Page 40
Facebook Connect: It’s the End of an Era as Facebook Officially Kills Off PC VR
With the launch of its new $300 and fairly powerful Quest 2 VR headset, Facebook is moving strongly to own the VR space. The new Quest 2 headset is simply…
Mixed Reality Startup Nreal Adds $40 Million in Series B Financing
The Chinese mixed reality startup, Nreal, has just secured $40 million in financing from a group of high-profile investors in a series B funding round which might potentially increase the…
Facebook Connect Official Event Program Released
Facebook’s flagship AR/VR event is happening in six day’s time on September 16th, brought to you by the Facebook Reality Labs. The official program of the event has now been…
Oculus Quest Headsets Sold Out Internationally Ahead of Facebook Connect
According to a report by Road to VR, the Oculus Quest headsets are no longer being sold internationally. The international deliveries for Facebook’s Rift S headsets also appear to either…
Magic Leap Valuation in Free Fall As Investors Mark Down Stakes
Magic Leap investors are downgrading their worth of their shares in the mixed reality company by as much as 93%, a scenario that makes a takeover more likely prospect. Magic…
SteamVR Hardware Survey for August 2020: Rift S Back on Top
Facebook’s Oculus Rift S VR headset has risen up the charts once again to become the most used virtual reality headset on Steam. The last time it was on top…
Report: Apple Has Acquired the VR Arcade Startup ‘Spaces’
Protocol reports that Apple has acquired the VR arcade startup Spaces this week. The report follows a Spaces statement made via an email and on its website where the tech…
Facebook VR/AR Division Renamed to Facebook Reality Labs
Facebook’s VR and AR team has now been renamed to Facebook Reality Labs. The name Facebook Reality Labs was previously used to refer to the R&D division of its VR…
Oculus Connect 7 to be Held on 16 September, Rebranded to Facebook Connect
Just a week ago, Facebook announced that users would now require Facebook sign-ins for its virtual reality devices. Now the tech giant has announced that its Oculus Connect conference has…
Sony Officially Working on a Next-Generation VR Headset
After more than a year of speculation, it is now official that Sony is working on a next-generation virtual reality headset. A recently-posted job listing confirms that Sony is building…