Facebook will begin beaming advertisements into virtual reality

Well, it was only a matter of time. Advertising giant Facebook announced Wednesday that they’re going to begin testing advertising inside virtual reality titles on its Oculus platform soon. The first roll-out is limited enough, with Facebook testing ads inside a single gaming shooter title: Blaston from Resolution Games. They are interestingly not rolling this out with […]

Facebook buys game studio BigBox VR

Facebook has bought several virtual reality game studios over the past couple of years, and they added one more to their portfolio Friday with the acquisition of Seattle-based BigBox VR. The studio’s major title, “Population: One,” was one of the big post-launch releases for Facebook’s Oculus Quest 2 headset and is a pretty direct Fortnite […]

Facebook buys studio behind Roblox-like Crayta gaming platform

Facebook has been making plenty of one-off virtual reality studio acquisitions lately, but today the company announced that they’re buying something with wider ambitions — a Roblox-like game creation platform. Facebook shared that they’re buying Unit 2 Games, which builds a platform called Crayta. Like some other platforms out there, it builds on top of […]

Taipei-based computer vision startup eYs3D gets $7M Series A

EYs3D Microelectronics, a fabless design house that focuses on end-to-end software and hardware systems for computer vision technology, has raised a $7 million Series A. Participants included ARM IoT Capital, WI Harper and Marubun Corporation, which will each serve as strategic investors. Based in Taipei, Taiwan, eYs3D was spun out of Etron, a fabless IC […]

Facebook VR exec Hugo Barra is leaving

Four years after joining as Facebook’s first VP of VR, ex-Xiaomi exec Hugo Barra has left the company, he said in a social media post Tuesday. Barra led Facebook’s VR efforts during a particularly tumultuous time for Oculus, coming aboard to helm the division as the once independent arm was folded deeper into its parent […]

Xbox teams up with Tencent’s Honor of Kings maker TiMi Studios

TiMi Studios, one of the world’s most lucrative game makers and part of Tencent’s gargantuan digital entertainment empire, said Thursday that it has struck a strategic partnership with Xbox. The succinct announcement did not mention whether the tie-up is for content development or Xbox’s console distribution in China, but said more details will be unveiled […]

Facebook is buying the developer behind VR shooter ‘Onward’

After a steady stream of studio acquisitions in late 2019 and early 2020, Facebook has been a little quieter in recent months when its came to bulking up its VR content arm. Today, the social media giant breaks that stream, announcing their acquisition of Downpour Interactive, the developer of the popular VR first-person shooter Onward. […]

Facebook brings software subscriptions to the Oculus Quest

Subscription pricing is landing on Facebook’s Oculus Store, giving VR developers another way to monetize content on Facebook’s Oculus Quest headset. Developers will be allowed to add premium subscriptions to paid or free apps, with Facebook assumedly dragging in their standard percentage fee at the same time. Oculus and the developers on its platform have […]

New Quest 2 software brings wireless PC streaming, updated ‘office’ mode

After a relatively quiet couple of months from Oculus on the software front, Facebook’s VR unit is sharing some details on new functionality coming to its Quest 2 standalone headset. The features, which include wireless Oculus Link support, “Infinite Office” functionality and upcoming 120hz support, will be rolling out in the Quest 2’s upcoming v28 […]

Bank of America is bringing VR instruction to its 4,000 banks

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