Archives for Business - Page 59
German Media Group ProSiebenSat.1 Invests €3 Million in Holodeck VR for Location-Based Virtual Reality Experiences
Location-based virtual experiences are filling the void and meeting the need that hardware vendors are unable to fill with affordable, high-performance and accessible virtual reality hardware. They are literally taking…
There are More than 550 Companies in the Virtual Reality Ecosystem
More than 550 virtual reality companies already make up the virtual reality ecosystem according to the Virtual Reality Fund which is currently tracking companies in the VR landscape. The key…
Google to Shut Down its Jump VR Platform in June
Google is shutting down its cloud-based video stitching service, Jump, this summer. The tech giant emailed the creators on the platform on Friday afternoon informing them that the Jump VR…
Nomadic Launches New Mixed Reality Center in Las Vegas
After the success of its debut location in Orlando, FL, Bay Area-based startup Nomadic is launching a new location-based virtual reality entertainment center in Las Vegas which will open later…
Facebook Once Again Reorganizes Oculus Leadership
For the umpteenth time, Facebook carried out a reshuffle of the top leadership of its virtual reality arm, Oculus, this week. The technology company announced that Oculus head Hugo Barra…
High Fidelity Lays Off 25% of Staff, Pivoting Towards the Enterprise Market
High Fidelity, the open-source virtual reality platform and startup is laying off about 25% of its staff this week. That amounts to 20 staffers. In a blog post, the company…
Viveport Infinity Won’t be Available on the Oculus Quest
Facebook's upcoming virtual reality headset Oculus Quest is set to launch on May 21st with a host of virtual reality games and experiences. However, the platform will not contain one…
Augmented Reality Startup Kwest Announces a Kickstarter Campaign and Livestream Event
The location-based augmented reality storytelling game Kwest has today announced the launched of a Kickstarter campaign for its AR platform. The campaign will be live at The startup celebrated the…
Oculus for Business Monetizes Virtual Reality Offering With Enterprise Subscriptions
The announcement of the upcoming launch of Oculus Quest and Rift S headsets dominated the proceedings during Facebook’s F8 Developer Conference 2019. But tucked in away from the buzz of…
The Top Startups Developing Virtual Reality and Augmented Reality Solutions for Surgeons
Want to become a better surgeon? Or maybe you wish to train better surgeons in your institution? The advent of immersive reality technologies such as virtual reality, augmented reality or…