XR Industry News – Página 2 – Product Influencer

Meta Reportedly to Return to China, Spearheading with Cheaper VR Headset

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After 14 years of being sanctioned from operating in mainland China, Meta is set to return to the country with the help of a new, lower-priced version of its VR headset, the Wall Street Journal reports. Meta’s planned return is thanks to a deal—allegedly still in preliminary stages—with China’s Tencent, the world’s largest videogame company and soon-to-be […]

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Magic Leap 2 Update Claims Vastly Improved Hand-tracking, Biometric ID, & More

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A major update to Magic Leap 2 claims to improve many of the device’s core capabilities. With all that’s happened in the XR space recently, it’s hard to believe that Magic Leap 2 has hardly been out for more than a year. The company continues to support and improve the device, including a major update

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Report: Pico to Layoff “hundreds” as Company Shifts Focus to Hardware

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There were rumors circulating late last month that TikTok parent company ByteDance was set to spin down its China-based VR headset company, Pico Interactive. While the company dismissed those rumors, a new Reuters report maintains Pico is soon set to lay off teams focused on sales, videos and platform operations, which could affect “hundreds” of employees.

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‘Arizona Sunshine’ Studio Working on Unannounced “AAA VR game” Based on a Global Franchise

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According to a recent job offer posted by Amsterdam-based developer Vertigo Games, pre-production has begun on a “high-profile, multiplatform AAA VR game,” which is said to be based on a globally recognized franchise. Posted earlier this month, the studio is looking for a Lead Level Designer with a proven track record in level design for console/PC

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HTC is Sending a VR Headset to the ISS to Support Astronaut Mental Health

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Virtual reality is already being used on the ground to help prepare astronauts for the rigors of space, although now HTC says it’s sending its standalone VR headset Vive Focus 3 to the International Space Station (ISS) to help support the mental health of astronauts during their mission. To help alleviate stress, and maybe even

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Magic Leap Shakes up Leadership with New CEO

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Magic Leap, maker of one of the best AR headsets on the market, is making a major change to its leadership with a new CEO that will face the challenge of carving out territory for its transparent AR technology against a growing wave of passthrough AR headsets. After a meteoric rise and then near catastrophic

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Reality Labs Revenue Drops to Lowest Point on Record Ahead of Quest 3 Launch

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Meta today announced its third quarter earnings, revealing that revenue of its Reality Labs XR division dropped to its lowest point on record, just ahead of the launch of Quest 3. All eyes are now on the holiday season to see if Meta’s new hardware will move the needle. Meta announced the latest Reality Labs

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Pico Shutdown Rumors are False, Says Parent Company ByteDance

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A recent rumor, which alleged that TikTok parent company ByteDance is slated to spin down its XR hardware subsidiary Pico Interactive, is false, the company says. China-based publication EqualOcean reported late last week that ByteDance is set to “gradually abandon the PICO business.” The report alleged the person in charge of Pico recently went to Singapore to

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