Archives for Business - Page 11
Meta Planning Metaverse Advertising
Meta is already running a lucrative advertising business with its social media portals Facebook and Instagram. Now the company is keen on monetizing a new frontier it has invested heavily…
Pimax Entices Developers with a 100% Revenue Share
Pimax has announced a 100% revenue share along with a $100,000 fund in a bid to entice developers to create VR content for its ecosystem. The VR hardware manufacturer will…
Pimax Raises $30 Million Series C Funding for High-End Virtual Reality Headsets
Chinese virtual reality headset manufacturer Pimax recently closed a $30 million funding round. The fresh infusion of cash has been earmarked for the company’s growth and shipping improvements. Pimax is…
What are the Implications of Meta’s Recent Price Drop for Its Flagship Headsets?
Why is Meta suddenly lowering the prices of its virtual reality headsets? Meta has dropped the prices for its two flagship headsets; the consumer-focused Meta Quest 2 headset which has…
Meta Drops Quest Pro Headset Price to $999
Meta has lowered the price of its work-focused mixed reality and virtual reality headset, the Meta Quest Pro, to $999. The headset costs $1, so the $500 price cut is…
Meta’s Roadmap for AR/VR Hardware Through 2027
An internal presentation by Meta executives detailing the company’s near-term roadmap has leaked out and shows Meta is planning three new Quest headsets, augmented reality glasses in 2027 along with…
Meta Planning a Cheaper and “Accessible” Headset in 2024
The Verge’s Alex Heath reports that Meta is planning to release a cheaper and more “accessible” headset next year, based on information from a leaked roadmap. The report states that…
Third-Generation Ray-Ban Stories Shipping in 2025, to Feature a Neural Wristband and HUD
At an internal presentation of the company’s roadmap, Meta executives reportedly told thousands of staff that the third-generation Ray-Ban Stories smartglasses will be launched in 2025 and that they will…
Xiaomi Debuts Prototype Augmented Reality Glasses
Xiaomi revealed a prototype of augmented reality glasses at the Mobile World Congress 2023. The Chinese technology company is the latest looking to pivot into the XR niche and sell…
HTC Demos Open Vive XR Elite, VIVERSE for Business and Other Solutions at MWC23
HTC has unveiled the comfort options in the Vive XR Elite along with the Viverse Business, a new 5G streaming option, and a broadcast bundle. At the Mobile World Congress…