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- Written by: Ross Cross
- Category: Business
Tencent Holdings Ltd. is said to have scrapped plans to develop a VR headset as Metaverse investments industry wide appear to wane in the presence of global economic uncertainties in the tech industry as a whole.
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- Written by: Ross Cross
- Category: Business
AltSpaceVR is one of the original social VR platforms, founded in 2013 and launched in 2015. The company was acquired by Microsoft in 2017 and became a part of their Mixed Reality division. Microsoft has announced wide-scale layoffs across their Mixed Reality division and it looks like AltspaceVR may have been a casualty.
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- Written by: Ross Cross
- Category: Business
December 19 2022 - META has published 3 new long form articles delving deep into their current and future VR technologies, along with some of the design philosophy and reasoning for heading in the direction they are.
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- Written by: Ross Cross
- Category: Business
John Carmack has officially announced his resignation from Meta today, after over a decade in with Oculus, now Meta.
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- Written by: Ross Cross
- Category: Business
Meta and the FTC, a US agency responsible for antitrust issues, begin their courtroom battle today. The agency began an antitrust investigation of Meta following a series of acquisitions in the VR space.
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- Written by: Ross Cross
- Category: Business
The Oculus twitter handle has now been changed to the Meta Quest and the response online has been a little spicy...
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- Written by: Ross Cross
- Category: Business
Titled the AI Research SuperCluster (RSC), Meta believes it will be the fastest in the world and will help to build out the Metaverse.
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- Written by: Ross Cross
- Category: Business
Meta had announced plans to acquire Supernatural developer Within for around 400M in late October of this year, but it seems that the FTC has throw a wrench into the works.