Archives for Business
Valve Discontinues Index VR Headset, Cuts Remaining Stock to $399.20
Image: Valve Valve is ending production of the Index, its premium PC virtual reality headset first released in 2019. The company now states that the headset is no longer being…
Sony Transfers XR Patent Rights to Meta, but PS VR2 Implications Remain Unclear
Image: Sony Interactive Entertainment A newly reported series of patent assignments has revealed a sizable transfer of Sony-related augmented reality and virtual reality intellectual property to Meta. The records cover…
Meta Unveils $1,299.99 VR Glasses at Connect 2026, Shipping Spring 2027
Image: Meta Meta's next big virtual reality device looks less like a conventional headset and more like oversized glasses. At Meta Connect on September 23, the company introduced Meta VR…
Valve Prices Steam Frame at $1,059, Includes Standalone Half-Life: Alyx
Image: Valve Valve has finally answered two of the biggest questions surrounding Steam Frame: how much its new VR headset costs, and what players can do with it without a…
Moss Developer Polyarc Closes After Nearly 12 Years, Ending a Distinctive VR Studio
Image: Polyarc Polyarc, the studio behind the Moss games, has announced that it is closing after nearly twelve years. The September 11 news is another painful development for virtual reality…
Apple Reportedly Cuts Vision Pro Gaming and Immersive Video Teams in Reorganization
Image: Apple Apple is reportedly scaling back parts of the organization responsible for Vision Pro games and immersive video, a move that raises questions about the company's approach to creating…
Valve’s Steam Frame Verified Standard Now Allows 72 FPS for Native VR Games
Image: Valve Valve has made an important change to the compatibility standard for its forthcoming Steam Frame headset: native virtual reality games can now qualify for Steam Frame Verified at…
Meta Reality Labs Posts $4.62 Billion Quarterly Loss Despite Higher Revenue
Chart: Virtual Reality Times, from figures in Meta's Q2 2026 earnings release Meta's virtual and augmented reality business generated more revenue in the second quarter of 2026, but its operating…
Samsung Shows New Android XR Smart Glasses Designs With Google and Eyewear Partners
Image: Samsung Newsroom Samsung has taken another step into everyday smart glasses, using its Galaxy Unpacked event in London on July 22 to present more designs for its upcoming Intelligent…
Lenovo Reportedly Cuts US Enterprise XR Unit as Focus Shifts Toward AI Wearables
Image: Lenovo logo (public domain, via Wikimedia Commons) Lenovo is changing the direction of its extended reality business, and a report published July 13 suggests the shift has come with…