Articles for tag: billion, burns, business, calculate, , finance, Mark Zuckerberg, meta platforms, Metaverse, mixed reality, months, my box, Oculus Quest 2, reality labs, Sony, Sugar, Technology, Virtual reality, virtual reality headsets, VR business, Wearable Devices

Geralt of Sanctuary

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Facebook burns billion on VR in just a few months

Facebook burns $3 billion on VR in just a few months

picture: Kotaku/ShutterStock/Kevin Dietsch (Getty Images) A metaverse full of digital worlds and avatars might come one day, but it won’t come cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022, showing that the company’s for this year alone virtual reality-focused division has lost $2.96 billion so far. This ...

Geralt of Sanctuary

Reviews
Next-gen PlayStation VR sounds pretty impressive

Next-gen PlayStation VR sounds pretty impressive

Sony’s next generation PlayStation VR controllers support inside-out tracking and some types of haptics.picture:: Sony / Kotaku Sony’s next-generation virtual reality hardware for PlayStation 5 will contain a number of fancy features and even some future-oriented technologies that are not yet available on popular consumer VR headsets, according to a to report UploadVR. Citing “reliable ...