Archives for Business - Page 13
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…
Meta is Planning a Fresh Round of Layoffs
Reports are emerging that Meta is preparing a fresh round of layoffs. Mark Zuckerberg reportedly shared a statement with Meta employees announcing that the company will make further cuts in…
Tencent in Talks With Meta to Sell Quest 2 in China
Major news outlets including Reuters and the Wall Street Journal are reporting that Chinese tech and entertainment conglomerate Tencent is currently in talks to sell Meta Quest 2 VR headsets…
Apple Headset Launch Delayed Once Again According to a Reuters Report
Bloomberg’s Mark Gurman is reporting that Apple has once again postponed the launch of its mixed reality headset, pushing the date back by two months. Apple Mixed Reality Headset Render…
Tencent Scraps VR Hardware Development Plans
Reuters is reporting that Chinese tech giant Tencent Holdings will be scraping its plans to build virtual reality hardware as the uncertain economic outlook forces the company to cut its…
Microsoft Has Disbanded Its Industrial Metaverse Project Team
Microsoft has disbanded its Industrial Metaverse Project Team that was formed four months ago and was charged with helping clients deploy and use the metaverse in industrial settings, The Information…
Mawari Raises $6.5 Million for Faster 3D Content Delivery in the Metaverse
XR startup Mawari has raised $ million in an oversubscribed seed round. The new funding will allow for faster 3D content delivery for virtual assets in the metaverse. Through its…
Sandbox VR is Creating a Location-Based Squid Game Experience with Netflix
Sandbox VR is developing a location-based Squid Game VR experience in collaboration with Netflix. The experience will launch later in the year. Sandbox VR has created adaptations of some of…
Meta’s Reality Labs Lost $13.7 Billion in 2022
Meta’s latest quarterly earnings call this week emphasized AI more than the metaverse, but its XR investments loomed large, just like in the previous earnings calls. Meta has been breaking…
Vive Focus 3 the First VR Headset to Support Microsoft Intune
HTC’s Vive Focus 3 will support Microsoft Intune, becoming the first virtual reality headset to do so. Intune is an enterprise device management solution that simplifies consistency and security for…