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Qualcomm-powered Chinese XR startup Nreal raises $40 million

TechCrunch reports: "Nreal, one of the most-watched mixed reality startups in China, just secured $40 million from a group of high-profile investors in a...

Pinewood Atlanta Studios Introduces Virtual Production Capabilities

The Hollywood Reporter reports: "Pinewood Atlanta Studios is introducing an LED-equipped stage for virtual production, in partnership with MBSi, the innovation arm of MBS...

“The Line” Wins Primetime Emmy® Award For Outstanding Innovation in Interactive...

The win for the VR Narrative Experience Marks the First Time a Brazilian Company has won a Primetime Emmy  SÃO PAULO, BRAZIL - (Sept. 1,...

This Week In XR: Walmart Goes Tik Tok As Apple, Facebook...

Forbes reports on the latest with Facebook's Horizon, Unity's IPO, Fortnite, Apple, and more. Read more

Jay-Z’s TIDAL Pays $7M To Launch VR Concerts With Sensorium

Hypebot reports: "Music streamer TIDAL has purchased of $7 million in tokens issued by global social VR platform Sensorium. The deal makes it possible...

Unity files for IPO, reveals $163 million loss for 2019 and...

VentureBeat reports: "Unity Technologies has filed for an initial public offering to help its business of making it easier for developers to create video...

Napster Sold to Virtual Reality Concert App MelodyVR for $70 Million

Billboard reports: "Napster is on the move, again. London-based virtual reality concerts company MelodyVR announced on Tuesday that it is acquiring Rhapsody International, which...

Studios Ramp Up Virtual Production Efforts Amid Pandemic-Era Filming

The Hollywood Reporter reports: "Companies are aiming to "limit the number of actors and on-set crew required" by increasingly turning to VFX techniques." Read more

Virtual Disneyland? Someone is remaking rides in Dreams on PSVR

VentureBeat reports: "Two weeks on and people are already making incredible things with Dreams’ PSVR support, like these authentic re-creations of Space Mountain and...

This Week In XR: Tencent Banished, Instagram Unspools Reels, Tik Tok...

Forbes reports: "President Donald Trump signed an executive order to prohibit US companies from doing business with Tencent, which owns WeChat and nearly 50%...