Tag archives for VR industry
Moss Developer Polyarc Closes After Nearly 12 Years, Ending a Distinctive VR Studio
Image: Polyarc Polyarc, the studio behind the Moss games, has announced that it is closing after nearly twelve years. The September 11 news is another painful development for virtual reality…
Meta Reality Labs Posts $4.62 Billion Quarterly Loss Despite Higher Revenue
Chart: Virtual Reality Times, from figures in Meta's Q2 2026 earnings release Meta's virtual and augmented reality business generated more revenue in the second quarter of 2026, but its operating…
Meta Cuts Jobs Across VR Teams as Supernatural and Sanzaru Report Staff Losses
Image: Supernatural / Meta Meta's investment in VR content is undergoing another round of changes. Reporting published April 24 indicates the company has laid off employees across parts of its…
Meta Reality Labs Posts $4.97 Billion Quarterly Loss as XR Spending Continues
Chart: Virtual Reality Times, from Meta's Q4 2024 results Meta's long-term investment in virtual and augmented reality remains exceptionally expensive. In financial results released January 29, the company reported a…