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Meta rebukes claims that the development of the Quest Pro 2 is not going ahead
The Immersive Wire - 24 July 2023 (Monday Briefing)
Tom Ffiske
July 24, 2023
This is a larger edition encompassing stories from this and last week, as I come back from a holiday in the USA. Enjoy!
Executive summary
Welcome to your weekly briefing on the metaverse. Here are your snippets to sound smarter in meetings this week:
Headline: Meta rebukes claims that the development of the Quest Pro 2 is not going ahead.
Regulation: The European Commission unveiled a plan to lead on virtual worlds (analysis below).
Open call: Virtual Architects has a call for immersive tech projects.
Conversation-starter: /r/VRChat is clashing with Reddit on the NSFW label, in a strange story from The Metaculture.
They said everything in the USA is bigger - they were not wrong. Also, it was lovely to join the XR Star podcast recently.
Analysis
The European Commission unveiled a plan to lead on virtual worlds.
Why now? The Commission wants to ensure that European companies can compete in the emerging area while ensuring larger ones cannot stifle competition and development.
Basically, the plan involves bringing parties to make a thriving ecosystem, alongside regulatory areas and skills to focus on. Metaverse.EU did a great piece of analysis which goes into further detail.
Other notable stories
Got any stories? Let me know at tom (at) immersivewire (dot) com.
A Bavarian monastery is offering virtual tours in VR.
Bangor University worked with Meta on new features which will soon be available as part of Ocean Rift.
Bank of America is using immersive tech with its new hires, using VR headsets.
Battle Bows, the fast-paced co-op VR wave shooter, is out now.
Bidstack Sports announced a partnership with StatusPRO and the Washington Commanders.
China Mobile is working with key partners like Huawei to develop immersive technologies.
Futureverse, a metaverse startup, raised $54m in funding.
Google’s Mark Lucovsky, the former head of operating systems at Google's AR team, departed while citing an "unstable commitment and vision” at the company.
Hong Kong International Airport launched its own virtual world.
The Jed Foundation issued a report on preserving the mental health of young people in the metaverse.
Movella Holdings provided motion capture tech to Pakistan-based 3rd World Studios.
Psychic VR Lab and STYLY announced their collaboration with Air Race X.
Roma 2024 European Athletics Championships will merge physical and virtual components.
Siemens invested $1.1bn into the Erlangen Industrial Metaverse Hub.
StoryFutures Xperience is a new initiative that brings immersive experiences to UK cinemas and arts venues.
Venice Film Festival unveiled its XR line-up.
Vicon, who works on motion capture, appointed a series of new leaders.
Help corner
Need some assistance from other readers? Let me know at tom (at) immersivewire (dot) com.
Jake Donaldso, a VR and Unity developer, is currently available for new projects. With over 6 years of experience in VR and Unity, Jake can help bring your games and experiences to life. You can view Jake's work and contact him through his website.
Metaverse Monday is another weekly newsletter that teaches you about the AR/VR industry by interviewing the founders, investors and developers building it. Join readers from Google, a16z and Nvidia - Check it out here.
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