Archives for Business - Page 42
Oculus Connect 7 to be Held on 16 September, Rebranded to Facebook Connect
Just a week ago, Facebook announced that users would now require Facebook sign-ins for its virtual reality devices. Now the tech giant has announced that its Oculus Connect conference has…
Sony Officially Working on a Next-Generation VR Headset
After more than a year of speculation, it is now official that Sony is working on a next-generation virtual reality headset. A recently-posted job listing confirms that Sony is building…
LBE VR Arcade Startup Sandbox VR Files for Bankruptcy
Location-based VR startup Glostation USA Inc which is better known as Sandbox VR has filed for bankruptcy protection following disruptions in business brought about by the COVID-19 pandemic. The VR…
Latest Oculus SDK Version Does Not Support Oculus Go
It looks like Facebook’s standalone VR headset Oculus Go is soon being phased out. The latest Oculus SDK (v19) does not support the 3DoF headset and the device is gradually…
Microsoft Flight Simulator to Have Initial VR Support for Windows MR in Fall
It is now confirmed that the Microsoft Flight Simulator will have VR support for all Windows Mixed Reality headsets at launch this fall. The VR compatibility will also come to…
Report: Oculus Quest 2 to Go into Production This Month
The competition in the VR hardware market is heating up and a new report by the Japanese tech news website Nikkei now claims that Facebook’s new Oculus Quest headset is…
Sony Makes a $250 Million Strategic Investment in Epic Games
Sony has a purchased a $250 million stake in Epic Games, taking a minority stake in the company in announcement made last Thursday. Epic Games is the company behind Fortnite,…
Mega Man Franchise Comes to Japanese VR Arcade on July 18
Virtual reality location-based entertainment (LBE) venues have faced a tough time this year. Some of the top players like Ubisoft have been trying to inject some vitality by offering license-free…
HaptX to Partner With Military Contractor ECS to Develop Mixed Reality Military Training Systems
The Florida-based military contractor Engineering & Computer Simulations (ECS) has been awarded a grant to develop a VR Army Medic Trainer with Advanced Haptics. The Phase II Small Business Innovation…
‘BoxVR’ Developer Studio FitXR Raises $7.5 Million in Series A Venture Round
The studio behind the VR fitness hit BoxVR, FitXR, has raised $ million to be channeled in expanding its operations and in VR fitness offerings. FitXR’s first fundraising at the…