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Russo Bros.’ AGBO Sells 38% Stake To Video Game Firm Nexon...

Deadline reports: "Nexon, an Asia-based company whose nascent LA-based film and TV division is run by Disney alum Nick van Dyk, has also committed...

Why AR, Not VR, Will Be the Heart of the Metaverse

VentureBeat reports: "The metaverse, when broadly adopted, will be an augmented reality environment accessed using see-through lenses... and the most natural way to present...

Sony’s VR Ambitions Go Far Beyond Playstation

Gamesindustry.biz reports: "A new prototype headset shown off this week helps to explain Sony's ongoing commitment to PSVR -- as a powerful starting point...

Facebook Announces New $10 Million Funding Program for VR Developers

SocialMediaToday reports: "The applications for VR are vast, and are growing every day, especially amid the rising ‘work from home’ shift. And now, Facebook’s...

Zoom is adding live translation services and coming to Facebook VR

The Verge reports: "Zoom plans to expand its support for automatic live transcriptions with the addition of live translation, and turn its whiteboard feature...

Apple’s Rumored AR/VR Headset Might Rely on a Nearby iPhone or...

The Verge reports: "Apple’s rumored AR/VR headset is designed to rely on another device, and may have to offload more processor-heavy tasks to a...

Riot Games Partners With Virtual Entertainment Company Wave to Shape Interactive...

The Hollywood Reporter reports: "Leading publisher Riot Games has partnered with Wave, a Los Angeles-based virtual entertainment company, to shape new experiences." Read more

VR Should Become an Ecosystem Attractive to Financiers and Developers, Says...

Variety reports: "Building an ecosystem that can sustain a production chain and generate investment return will be key to the future of virtual reality...

TikTok is building its own AR development platform, TikTok Effect Studio

TechCrunch reports: "Both Facebook and Snap offer tools that allow developers to build out augmented reality (AR) experiences and features for their own respective...

Forevr Games raises $8.5m to make VR social experiences

GamesIndustry.biz reports: "Virtual reality startup Forevr Games has raised an additional $7 million in seed funding, bringing its total amount raised to $8.5 million." Read...