Just before Apple unveiled its long-awaited XR headset to the world this summer, Meta quickly stole some of the limelight by announcing the launch of the Quest 3 this autumn. The news of the Quest 3 followed several months of speculation, and the headset is the latest in Meta’s best-selling consumer range. The Quest 2 … Continue reading Meta Quest 3: What Do We Know So Far?
With a population of 1.4 billion people, China represents a large percentage of the potential VR market. However, as Facebook has been blocked in China since 2009, Meta is yet to tap into this financially lucrative corner of the planet. Now, Wall Street Journal reports suggest that Meta CEO Mark Zuckerberg hopes to re-enter China … Continue reading Could Meta Release Quests In China?
Meta CEO Mark Zuckerberg has confirmed that 11,000 jobs are to go at the tech giant. This represents close to 13% of the company’s workforce. In an internal memo, Zuckerberg blamed online commerce’s return to pre-covid trends, increases in competition, reduced advertising revenue, and a macroeconomic downturn. He went on to say that he takes … Continue reading Meta Lays Off 11,000 Employees: What Does This Mean for the Metaverse?
At the upcoming Meta Connect conference, the company looks set to tell us how it plans to connect Horizon Worlds, its flagship VR platform, with Crayta, a platform bought by Meta a year ago. Since Mark Zuckerberg first started discussing the metaverse, he talked about how in the new online world, there would be interoperability … Continue reading Meta’s Plan for Connecting Horizon Worlds With Crayta
It seems that the last week of August is the ideal week for announcing new VR headset launches. Just days after Sony teased the early 2023 launch of its much anticipated PSVR 2, Meta’s CEO, Mark Zuckerberg, has revealed plans to release its new headset in October. Oddly, the news was announced on the Joe … Continue reading Zuckerberg Confirms October Release for Next Meta VR Headset
Recently, the parent company of Facebook, Instagram, WhatsApp, and Oculus rebranded to become Meta Platforms with a new logo, a version of the infinity symbol. On the face of it, this may be seen by many as an opportunity to draw focus away from the problems currently faced by their flagship social media platform, Facebook. … Continue reading What Is the Metaverse?
As we recently wrote, Facebook is pushing forward with tests to see how people would react to advertising in their VR application. As we also noted in that article, the first developer to opt-in to the experiment quickly backtracked once users got wind of the idea. It seems that the negativity towards this new move … Continue reading Facebook Reality Labs VP Responds to Quest Ads Backlash
If you read our blog regularly, then you’ll know I have made no secret of my dislike for Facebook’s recent decisions around Oculus products. When Facebook originally bought Oculus for a historically significant amount of money, many in the VR industry were concerned. Facebook saw Oculus as a company that could take it into the next generation … Continue reading Things Are Heating Up For Facebook’s (And Oculus’) Monopoly
When Facebook bought Oculus, we all knew that there would be some downsides to the deal. Oculus certainly needed the money, and we would not have the sort of advanced, affordable VR technology we have today if it weren’t for their investment. That being said, Facebook didn’t buy Oculus for an eye-watering $2.3Bn so that … Continue reading Is Facebook Killing Oculus With Its Decisions?
There’s a long history of virtual worlds living on the web. Second Life comes to mind, as do many of the MMORPGs that have taken over the lives of millions. Facebook Spaces and AltSpace VR have also shown us how well-suited VR is for creating shared social spaces. You can really get the feeling of … Continue reading Facebook Announces Horizon VR Social Media Platform
