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Despite Zuckerberg & Co. spending billions of dollars on virtual reality tech every fiscal quarter, the wider VR startup ecosystem has been having a tough few years coming down from the highs of 2016, when investors dumped money into the sector expecting Oculus-sized returns only to see most of their investments slowly wilt away. This […]
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Dating giant Match Group announced a series of changes to Tinder’s management team alongside the announcement of disappointing second-quarter earnings on Tuesday. Notably, Tinder CEO Renate Nyborg will be departing the company after less than a year in the top job. Match Group is also killing Tinder’s plans to adopt new technology, like virtual currencies […]
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For an industry that rarely has major news anymore, this was an awfully big week for virtual reality. Unsurprisingly, all of the important data points are related to the industry’s sole benefactor these days, Meta, which managed to raise the cost of entry to its VR ecosystem, find itself in a new battle with the […]
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The FTC filed an injunction today to block Meta’s acquisition of the virtual reality studio Within, which is best known more recently for its subscription VR workout app Supernatural. The regulatory body has had plenty of skirmishes with Facebook, now Meta, in recent years, but this is a pretty aggressive signal from the agency that […]
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Meta announced today that it’s raising the price of its Quest 2 virtual reality headsets due to increased production costs. Starting on August 1st, the Meta Quest 2 will cost $399.99 USD for the 128GB version, which is a $100 increase from the current $299.99 price tag. The 256GB version will cost $499.99, up from […]
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It’s been an interesting life for Magic Leap, the augmented reality startup with big dreams and some big moments of hubris thus far. Today, the company detailed the availability and pricing of its next release: the Magic Leap 2. Unlike its first release, this headset will be geared entirely toward professional users with less intentional […]
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The company formerly known as Facebook may soon release its first new piece of VR hardware since rebranding to Meta last year. According to developer Steve Moser in a report from Bloomberg, the next headset will be called the Quest Pro (sorry, Nintendo fans). Moser found the name “Quest Pro” in the code of Meta’s […]
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Despite the name change and metaverse hyperbole, Facebook has always been at the center of the Meta suite of software for users engaging with its wider ecosystem. While that may continue to be the case indefinitely, it’s clear the company is taking steps to ensure that its next swath of users aren’t tied to a […]
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LG officially pulled the plug on its smartphone division in April of last year. It was another signpost in a dramatically changing mobile market that had left the electronics giant behind. HTC tends to be lumped into that conversation, though the Taiwanese manufacture has — in spite of everything — continued to press on, even […]
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As more tech companies develop virtual and augmented reality products, some oversight groups are trying to keep the industry on the same page. The newest of these is the Metaverse Standards Forum, which aims to drive open interoperability, which could make it easier for developers to build across platforms. As announced today, the forum already […]
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