Archives for Business - Page 28
Meta Planning to Launch Augmented Reality Glasses by 2024
Meta’s play in the XRverse currently focuses exclusively on Virtual Reality and VR worlds and it is what its immersive business has been built around for the past 8 years.…
Meta Starts Monetization for Horizons: Platform Will Skim Off Close to 50% of Creator Earnings
Meta will now allow creators on Horizon to sell virtual items on Horizon, heralding the first step towards the monetization of the metaverse platform. The platform has launched a pilot…
F8 Conference Postponed as Meta Focuses on the Metaverse
Meta has canceled this year’s F8 conference and rescheduled it for later in the year. In a blog post, the company states that it is instead directing its focus to…
Snap Buys Parisian Brain Computer Interface Startup NextMind
Last week, Snap acquired the Parisian-based brain-computer interface startup NextMind for an undisclosed amount. NextMind builds a controller that leverages brain signals and uses these to move images on a…
Nike’s Metaverse Store Has Had 7 Millions Visits So Far
Sporting goods manufacturer Nike has been experimenting with metaverse commerce and NFTs via the virtual universe Roblox. Nike is now reporting its initial success with its metaverse store including visitor…
Survey: Quest 2 Accounted for 80% of Headset Sales in 2021
According to the research firm International Data Corporation (IDC), Meta Quest 2 accounted for 78% of all the virtual reality and augmented reality headset sales in 2021. 2021 also saw…
Lynx R1 VR-AR Headset to Ship as Early as June
The Lynx R1 VR-AR standalone and hybrid headset could ship from as early as June to July this year, revealed company CEO Stan Larroque at the GDC. Lynx R1 AR-VR…
Companies are Opening Offices in the Metaverse
The metaverse mania is already having some real impact in the business world. Although much of the hype that followed Facebook's rebrand to Meta is waning, we are seeing some…
Accenture Invests in Immersive Learning Platform
Through its venture capital arm Accenture Ventures, Accenture is investing in the XR-based immersive learning platform, Talespin. Talespin is a spatial computing company that builds workforce talent development and skills…
Pre-Orders Open for $2700 Standalone Linux-Based VR Headset Simula One
One of the headsets that we expect to arrive later in the year, barring any unforeseen hitches, is the entirely Linux-based Simula One headset. The standalone VR headset is priced…