Archives for Business - Page 13
KPMG Survey: Investors are Still Bullish About the Metaverse
A new KPMG survey shows that investors remain bullish about the metaverse. The report indicates most venture capital and institutional investors are planning to increase their investments in the metaverse…
Meta’s Quarterly Earnings Rebound
Meta’s Reality Labs saw a rebound in its revenues in the fourth quarter of 2022 although the performance is still below the 2021 levels which Meta attributes to “lower Quest…
Among US VR Has Now Hit 1 Million Sales Milestone
Developer Schell Games has announced that Among Us VR has now hit a key milestone, reaching 1 million sales since the launch of the game. Among Us VR was released…
Emperia Helps Fashion Brands Build VR Shopping Experiences
Virtual reality apparel shopping is becoming a thing, particularly in virtual games. The immersive retail startup Emperia wants to give brands tools with which to create virtual experiences. Emperia has…
Gorilla Tag Grossed $26 Million on Quest App Lab
The free-to-play virtual reality multiplayer hit Gorilla Tag has now grossed $26 million in revenues from in-app purchases on App Lab. Gorilla Tag was created by the developer Another Axiom…
Apple Postponed AR Glasses, To Focus Cheaper Mixed Reality Headset
Bloomberg’s Mark Gurman is reporting that Apple has postponed its AR glasses although it still plans to release a mixed reality headset in 2023. The AR glasses were to be…
The Complete Guide to Buying Nonfungible Tokens (NFTs)
Nonfungible tokens (NFTs) are digital assets that can be used to represent real-world objects like comics, artwork, films, video clips, memorabilia, books, and even real-world real estate. NFTs are nonfungible…
Meta Acquires Yet Another VR Optics Startup
In spite of recent Federal Trade Commission (FTC) injunctions and criticisms from some quarters of the industry, Meta is forging full steam ahead with the acquisition of technology firms whose…
Meta Intends to Stop Quest 1 Support in 2024
Meta plans to terminate support for the original Quest headset with new software updates set to end this year. Those using the headset will also be cut off from some…
Apple Headset Already in the Hands of Third-Party Developers
Bloomberg’s Mark Gurman is reporting that prototypes of Apple’s widely-rumored mixed reality headset are already in the hands of third-party developers. In a post in his latest column, Gurman…