Remember when Meta, formerly known as Facebook, wanted to bring the Internet into three dimensions by and recreate it in virtual reality as a metaverse? Ah, such times. Recently, the social media company has scaled back its VR ambitions, and a VR remake of Grand Theft Auto: San Andreas which was announced three years ago ...
Facebook’s parent company Meta made a lot of money in the last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means the Metaverse-focused division has been losing $1 billion per month since June 2022, and Meta expects to continue losing billions to VR. The anime series ...
Apple Vision Prois the giant tech company’s foray into the VR headset space, which hit stores just a few days ago very expensive. It’s an impressive piece of technology (hence the price) that you can use to work from home (by installing windows virtually anywhere in your house – take it from there, return-to-the-office duty!) ...
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 ...
