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Microsoft debuts its AR/VR meetings platform Mesh

TechCrunch reports: "Today, at a special AR/VR focused event held inside its virtual reality community platform Altspace, Microsoft showcased a new product aiming to...

This Week In XR: Sony’s Next-Gen VR, $18M For Interplay XR...

Forbes reports: "Interplay raises $18 million to expand XR Training platform for workers in HVAC, plumbing, electrical, facilities maintenance, and energy industries. The system...

Sony planning new PS5 VR headset

Gamesindustry.biz reports: "Sony today confirmed it is working on a completely new virtual reality headset for the PlayStation 5." Read more  

Oculus co-founder’s new studio Mountaintop attracts $5.5 million in investment

Gamesindustry.biz reports: "Mountaintop has attracted $5.5 million in seed round investment six months after inception." Read more  

Apple’s first VR headset will reportedly be powerful and pricey

CNET reports: "Apple's first virtual reality headset will reportedly sport powerful processors, a high-resolution display, a fan and a steep price tag. The VR...

CMOs, It’s Time To Take Augmented Reality (AR) More Seriously Than...

Forbes reports: "The augmented reality (AR) and virtual reality (VR) market is forecasted to reach over $72 billion globally by 2024. I recently had...

Facebook Shares Insights into its Coming Smart Glasses, New Developments in...

Social Media Today reports: "Will we see the launch of fully-enabled AR glasses from Facebook in 2021? Facebook previewed its work on its new...

RealNetworks Completes Sale of Napster to MelodyVR in $70.6m Deal

Music Business Worldwide reports: "Originally announced in August 2020, RealNetworks’ sale of US-based Spotify rival Napster to UK-based virtual reality music company MelodyVR is...

Unity has acquired RestAR to enable AI-based 3D capture

VentureBeat reports: "Game engine maker Unity has acquired RestAR, a Tel Aviv-based computer vision and deep learning company that enables fashion brands, online retailers,...

VR spending to pass $1bn in 2020

Gamesindustry.biz reports: "A total of 6.4 million VR headsets will be sold in 2020, with the VR market reaching $1.1 billion in content spending...