Facebook’s Only VR Advertising Quits Due to Backlash from Gamers
Oculus Users Blacklash Against Facebook for VR Gaming AdvertisementsFacebook Founder Mark Zuckerberg at a recent conference announced that the company is launching its advertising mechanism in the Oculus Quest headset, which is supposed to generate revenue for developers.The company hit a major setback after the only named developer partner backs out due to a backlash from gamers. The news came soon after Zuckerberg's recent...
Shokworks and Immersity Partners to Produce Education Experience in VR
Shokworks and Immersity Partners to Produce Education Experience in VR at the University of South WalesWelsh tech company Immersity and Dallas based Shokworks is working on using VR to educate future law enforcement officers and aeronautical engineers in the United Kingdom by utilizing an affordable virtual reality solution the produces immersive training opportunities for a wide range of industries. The companies are working...
XYZ Reality Closes £20m Funding Round as the Company Seeks Growth
XYZ Reality Raises Fund to Resolve Billion Dollar Pain Point from Construction IndustryConstruction Tech AR startup, XYZ Reality, recently closed a £20 million series A funding round as the company seeks fund for growth outside the European market to further develop its products. The company plans to enter the US markets, and further investment to refine research and development as well as adding a team in London for manufacturing,...
Facebook Files a Patent for an AR Hat : but is it Better than AR Glasses?
Do You Prefer to Wear AR Hat or Glasses ? According to a new patent filed by social media giant, Facebook, the social network is currently working on developing an AR hat which would enable user augmented reality immersion of the device, providing more advanced AR applications within an isolated standalone device.The patent was first noticed by Founders Legal, who also points out why Facebook plans to develop the AR hat as in unison...
Oculus Founder Palmer Luckey Raised $450 Million to Turn US Troppers into Super Heros
Oculus Founder Palmer Luckey Plans to Turn US Troppers into Invincible Technomancers We best know Palmer Luckey for his Kickstarter success that led to Facebook acquiring his company for 2 billion USD. The Oculus Rift founder later departed from Facebook to work on his latest endeavors.... actually he was fired with tons of cash in his pocket. Palmer Luckey recently announced that his new company, Anduril, has raised an...
Unity CEO Predicts AR-VR Headsets Will Become Mainstream by 2030
Unity CEO Predicts AR-VR Headsets Will Be As Common as Game Consoles in the Next Ten YearsAccording to a recent report from TheInformation, Unity CEO John Riccitiello talks about his view about the market for VR and AR in the next ten years. He thinks by 2030 VR platforms will become mainstream, assuming that VR headsets sales hits 20 million each year. His thoughts on AR is a bit different, as the current engineer are based...
Japanese VR Robot Maker Telexistence (TX) Raises 2.2 billion JPY Investment
Japanese VR Remote Control robot Manufacturer Completes Investment Tound of 2.2 Billion JPY According to Morgura VR, Japanese VR remote control robot manufacturer Telexistence (TX) announced completions of a recent investment round of 2.2 billion JPY, with investors such as Monoful Co., Ltd, KDDI Open Innovations Fund, Airbus Ventures, Deepcore, Today IPC and few others. The company plans to utilize the fund to expand growth,...
Apple Glass May Introduce New Cooling Mechanism to Keep Users Cool
Apple Glass Plans to Keep Users Cool Through Air ConditioningRegular users of computers, laptops, and mobiles phones are long aware of the necessity for a cooling mechanism after long usage period. Heavy usage of any electronic device result in a reduction in level of user comfort, as possibly causing potential irreversible damage to the device itself. This pain point of excess heat applies for VR and AR head mounted displays as...
3Glasses CEO Award Most Influential Person of the Year at the Gold V Award
3Glasses CEO Award Most Influential Person of the Year at the Gold V AwardAfter screening by multiple judges, 3Glasses successfully stood out amongst numerous participating companies and won two awards: "Annual Excellent VR Hardware Award" and "Annual Excellent 5G+XR Application Award". 3Glasses CEO Wang Jie was awarded the “Most Influential Person of the Year" prize".Analysis of New Consumption Habits Affecting the Future Development...
AR Headset Maker REALMAX Unveil Newest AR Glasses at 5G+AR Summit
AR Headset Maker REALMAX Unveil Newest AR Glasses at 5G+AR Summit In a keynote speech at Huawei's Win-Win Future 5G+AR Global Summit (Better World Summit), Cai Mengbo, Chief Marketing Officer of Huawei BG talked about using 5G to ignite the AR industry. As a leader of the 5G technology, Huawei reflects on multiple perspective application, market, and end users that calls for the entire industry to work together to jointly promote...