virtual reality

Sony Group Corp.'s (NYSE: SONY) new PlayStation VR2 headset is experiencing a sluggish launch into the market, as it is projected to sell fewer than 300,000 units in its initial weeks on the market, according to Bloomberg. The Japanese console maker is expected to sell approximately 270,...

The virtual land trading market experienced unprecedented growth, reaching an all-time high with 147,000 trades in the first quarter of 2023. According to data compiled by DappRadar, Otherside and MG.Land were the driving forces behind this surge, accounting for 75% of first-...

In October 2022, Meta Platforms Inc. (NASDAQ: META) CEO Mark Zuckerberg hinted at the fact that he saw Apple Inc. (NASDAQ: AAPL) as his company’s competitor in the “metaverse,” or virtual and augmented reality. What Happened: Meta launched the latest VR device...

Despite high hopes, Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Glass Enterprise project has ended, leaving many wondering what went wrong with this augmented reality technology.  What Happened: On Wednesday, Google announced that it halted sales of its Glass Enterprise smart...

You take videos with your phone to capture life’s moments. Whether you are recording a piano recital, the construction of a sandcastle or your dog’s antics, video is a great way to hold onto a memory.  A California startup company now has a way to enhance your videos, making them...

Sony (NYSE: SONY) has officially launched its highly anticipated PlayStation VR 2. The system promises to build on the success of the original PlayStation VR, with upgraded hardware, a sleek new design, and an impressive lineup of games. For those who may be new to the world of virtual reality (VR...

One of the largest asset managers in the world, BlackRock Inc (NYSE: BLK), has now entered the growing competition in the metaverse ETF space with its launch of the iShares Future Metaverse Tech and Communications ETF (ARCA:IVRS). This new ETF will provide investors with opportunities to...

Meta (NASDAQ: META), the American multinational technology conglomerate behind Facebook, Instagram, and WhatsApp, released its final quarterly and full-year financial results for 2022. Although the company’s stock value increased by 17% after the release of the results, there’s...

Meta Platforms has received approval from the court to acquire Within Unlimited, a virtual reality startup, despite the efforts of the U.S. Federal Trade Commission (FTC) to block the deal, Bloomberg reported. In a statement, Judge Edward Davila in San Jose, California, said, "The FTC has...

Sony Group Corp (NYSE:SONY) has reportedly slashed its forecast for shipments of the PlayStation VR2 scheduled to go on sale on Feb. 22.  What Happened: Sony has reduced the production of its much-hyped PlayStation VR2, given its pre-orders were much lower than anticipated, reported Bloomberg...

The delay in the development of Apple Inc.'s (NASDAQ: AAPL) highly-anticipated mixed reality headset could hamper the company's plans to hold a media event for the device in January. What Happened: Apple is likely to announce its mixed reality headset at a Spring media event or Worldwide...

Meta Platforms Inc.'s (NASDAQ: META) latest virtual reality device, Quest Pro, along with other VR headsets, are now eligible for the Bug Bounty Program.  What Happened: To strengthen the security of its hardware products, Meta announced new payout guidelines for Bug Bounty Program. It...

Epic Games CEO Tim Sweeney doesn't think Fortnite will perform well in virtual reality, but Mark Zuckerberg, the CEO of Meta Platforms Inc. (NASDAQ: META), may disagree. What Happened: Sweeney doesn't think Fornite in VR would work well, considering the game experience involves...

Palmer Luckey, the founder of virtual reality company Oculus, claims to have created a new headset that can kill a person in real life if they die in a game. What Happened: In what sounds like a trope used in many sci-movies, including Keanu Reeves starrer “The Matrix,” Luckey...

Netflix Inc. (NASDAQ: NFLX) has confirmed that a Stranger Things VR game will be released in Winter 2023.  What Happened: On Stranger Things Day 2022, Netflix and developer Tender Claws announced that a Stranger Things VR game will roll out in Winter 2023 on major virtual reality platforms....