virtual reality

Meta Platforms has received approval from the court to acquire Within Unlimited, a virtual reality startup, despite the efforts of the U.S. Federal Trade Commission (FTC) to block the deal, Bloomberg reported. In a statement, Judge Edward Davila in San Jose, California, said, "The FTC has...

Sony Group Corp (NYSE:SONY) has reportedly slashed its forecast for shipments of the PlayStation VR2 scheduled to go on sale on Feb. 22.  What Happened: Sony has reduced the production of its much-hyped PlayStation VR2, given its pre-orders were much lower than anticipated, reported Bloomberg...

The delay in the development of Apple Inc.'s (NASDAQ: AAPL) highly-anticipated mixed reality headset could hamper the company's plans to hold a media event for the device in January. What Happened: Apple is likely to announce its mixed reality headset at a Spring media event or Worldwide...

Meta Platforms Inc.'s (NASDAQ: META) latest virtual reality device, Quest Pro, along with other VR headsets, are now eligible for the Bug Bounty Program.  What Happened: To strengthen the security of its hardware products, Meta announced new payout guidelines for Bug Bounty Program. It...

Epic Games CEO Tim Sweeney doesn't think Fortnite will perform well in virtual reality, but Mark Zuckerberg, the CEO of Meta Platforms Inc. (NASDAQ: META), may disagree. What Happened: Sweeney doesn't think Fornite in VR would work well, considering the game experience involves...

Palmer Luckey, the founder of virtual reality company Oculus, claims to have created a new headset that can kill a person in real life if they die in a game. What Happened: In what sounds like a trope used in many sci-movies, including Keanu Reeves starrer “The Matrix,” Luckey...

Netflix Inc. (NASDAQ: NFLX) has confirmed that a Stranger Things VR game will be released in Winter 2023.  What Happened: On Stranger Things Day 2022, Netflix and developer Tender Claws announced that a Stranger Things VR game will roll out in Winter 2023 on major virtual reality platforms....

Meta Platforms Inc. (NASDAQ: META) will use an eye-tracking feature in the just launched Quest Pro to determine whether users intend to engage with an advertisement or not.  What Happened: On Oct. 11, Meta CEO Mark Zuckerberg unveiled the Meta Quest Pro, the company's virtual reality...

Facebook parent company Meta Platforms (NASDAQ: META) has metaverse aspirations. Here are the details from the Menlo Park, California-based company's recent Meta Connect 2022 event. What Happened: “Meta Connect 2022 offered a roadmap of the company’s go-to-market metaverse vision,...

Meta Platforms Inc (NASDAQ: META) and Microsoft Corporation (NASDAQ: MSFT) announced a tie-up on Tuesday amid a high-profile virtual reality launch from the Mark Zuckerberg-led company. What Happened: The Redmond, Washington-based tech giant said...

With Meta Platforms, Inc. (NASDAQ: META) shares down 60% so far this year amid floundering fundamentals and macro uncertainties, investors are looking ahead to an upcoming company event to see if it could prop up the stock a bit. What Happened: Meta will host a one-day virtual...

Some virtual reality developers complained against Meta Platforms Inc (NASDAQ: META) of overly strict requirements and high bar to get programs into its app store, the Washington Post reports. Some were also worried regarding its acquisition spree and poaching of top talent,...

The highly anticipated virtual reality (VR) headset from Sony Group Corp. (NYSE: SONY) has a new updated release timeline. Here’s when fans can get their hands on the new PlayStation device. What Happened: The PSVR 2, a next generation VR headset from Sony, will be launching in “early...

Apple Inc. (NASDAQ: AAPL), being one of the world's most valuable companies, can afford to secretly invest in major moonshot projects that may not see the light of day for a very long time — if ever. However, one such project that has been in the works for more than 25 years will...

This is the second article of a two-part deep dive into Apple Inc.'s (NASDAQ: AAPL) development of its two upcoming mixed reality (MR) device lines. Before reading any further, we suggest reading our explanation of augmented reality (AR), virtual reality (VR), MR and...