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HTC co-founder reveals new VR headset and social platform

Gamesindustry.biz reports: "The virtual reality space has a new contender with a reveal this week from XRSpace, a VR hardware and software company headed...

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

‘The Lion King’ “Virtual Production” Could Be a Game-Changer for Filmmaking

Hollywood Reporter reports: "Disney's digital remake points to a future where VR could reduce the time (and money) it takes to make even the...

Khronos Releases OpenXR 1.0 for AR/VR, Backed by Epic, Microsoft, and...

VentureBeat reports: "Four months after the Khronos Group debuted a provisional OpenXR specification for AR and VR platforms, seeking industry input, it’s kicking off...

8th Wall launches Face Effects tool for AR facial animations

VentureBeat reports: "8th Wall is launching Face Effects, a new cloud tool that enables developers to create effects that wrap around someone’s face using...

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...

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,...

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...

This Week In XR: Apple’s Annual Love Fest, RIP Darqui AR,...

Forbes reports: "The biggest news in XR this week was Apple’s annual unveiling of new editions of the iPhone, iWatch, iPad and Apple services...

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...