Archives for Business - Page 4
Meta Cuts About 10% of Reality Labs and Closes Three VR Game Studios
Image: Meta Three of the studios behind Meta's biggest Quest exclusives are being shut down this week as the company trims roughly a tenth of Reality Labs, the division responsible…
Google Adds PC Connect, Likeness Avatars and Travel Mode to Galaxy XR at Android XR Show
Image: Google Google is giving the newly launched Samsung Galaxy XR more ways to function as an everyday computer. At The Android Show: XR Edition on December 8, the company…
Marvel’s Deadpool VR Launches on Quest 3 With Neil Patrick Harris and Chaotic Combat
Image: Marvel Games / Meta Marvel's most irreverent antihero has arrived in virtual reality. Marvel's Deadpool VR launched today, November 18, exclusively on Meta Quest 3 and Quest 3S, placing…
Valve Reveals Steam Frame VR Headset for 2026 With Standalone Gaming and PC Streaming
Image: Valve Valve is returning to VR hardware with Steam Frame, a newly announced headset designed to run games independently and stream others from a PC. Revealed on November 12,…
Meta Reality Labs Posts $4.43 Billion Q3 Loss Despite Higher XR Revenue
Chart: Virtual Reality Times, from Meta's Q3 2025 results Meta's immersive-technology division is bringing in more money, but its losses remain enormous. In results announced October 29, Reality Labs reported…
Samsung Launches $1,799 Galaxy XR, the First Headset Built on Android XR
Image: Samsung Samsung has officially entered the premium mixed-reality headset market with Galaxy XR, the first headset built on Android XR, a platform developed with Google and Qualcomm. Announced October…
Apple Upgrades Vision Pro With M5 Chip and New Dual Knit Band, Keeps $3,499 Starting Price
Image: Apple Apple has introduced a revised Vision Pro with its new M5 processor and an updated head strap designed to improve comfort. Announced October 15, the refreshed headset starts…
Meta Opens Hyperscape Capture Early Access, Letting Quest Users Recreate Real Rooms in VR
Image: Meta Meta has begun turning a striking technology demonstration into a consumer feature. At Connect 2025 on September 17, the company announced the early-access rollout of Hyperscape Capture, which…
Meta Unveils $799 Ray-Ban Display Glasses With Neural Wristband at Connect 2025
Image: Meta Meta's smart-glasses strategy took a major step forward at Connect 2025. On September 17, the company introduced Meta Ray-Ban Display, a pair of camera-equipped AI glasses with a…
Meta Reality Labs Reports $4.53 Billion Q2 Loss as Revenue Reaches $370 Million
Chart: Virtual Reality Times, from Meta's Q2 2025 results Meta's XR ambitions remain a substantial financial investment. In results released July 30, the company reported $370 million in second-quarter Reality…