20% of Meta’s total budget goes to Reality Labs
28 November 2022 – Meta is also spending 50% of Reality Labs’ budget on R&D for AR glasses, while 10% goes to Horizon.
News
Paradox Metaverse controversy: Why Youtubers alleged that it is a ‘scam’
More details on the Paradox Metaverse ecosystem. Photo credit: Paradox Studios.
ATLAS: EARTH has 50,000 daily active users after its first year
21 November 2022 – ATLAS: EARTH, a virtual real estate title has a fair few people playing each day: 50,000 daily active users.
TRYO is a new try-on app working with Cartier, Gucci, and Adidas
14 November 2022 – TRYO is a new multi-brand and multi-category virtual try-on app, working with Cartier, Gucci, and Adidas at launch.
Will ~8% of PS5 owners get a PS VR2?
7 November 2022 – China wants to export 26 million VR headsets by 2026, and Sony has high prices for its headset.
Snap condemns the metaverse, as Meta’s value drops by almost $90bn
31 October 2022 – Snap condemns the metaverse, as Meta’s value drops by almost $90bn
Exclusible acquired Polycount and raised $5m in strategic funding.
24 October 2022 – PICO made major moves, and Exclusible raised $5m in strategic funding (alongside an acquisition).
LFF Expanded is in full swing, as Pico sees unprecedented demand
17 October 2022 – LFF Expanded 2022 is in full swing, as Pico sees unprecedented demand.
The Immersive Wire – 9 September 2020
The Immersive Wire Newsletter covers the latest developments in virtual reality (VR) and augmented reality (AR).
Curiscope and Multiverse launches neat poster series
Like many young boys, I was obsessed with space. Space, the vast expanse with gigantic celestial objects, bending the laws… Read More »Curiscope and Multiverse launches neat poster series