Felix & Paul Studios Secures Multi-Million Dollar Financing for Next Location-based VR Experience

Felix & Paul Studios, the Emmy Award-winning XR studio, announced it has secured funding for its next location-based VR (LBVR) experience based on what it says will be a brand-new…

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Ubisoft “disappointed” in ‘Assassin’s Creed VR’ Performance, Future VR Investments on Hold

In Ubisoft’s most recent earnings call, CEO Yves Guillemot said he was “disappointed” with the performance of Assassin’s Creed Nexus VR (2023) and that the company will not be increasing investment in VR…

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‘NFL Pro Era’ Studio Raises $20M From Google to Grow VR Sport Game Catalog

StatusPRO, the studio behind NFL Pro Era (2022), announced it has secured $20 million in Series A funding, led by Google Ventures. The XR sports technology company says the latest…

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Quest 3 Pushed Meta Reality Labs to Record Revenue in Q4, But Also Record Costs

Meta today announced its fourth quarter earnings for 2023, revealing how Reality Labs has fared during the holiday season. It’s been a banner quarter for Meta’s XR division, with Reality…

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Panasonic Sells Off Japanese VR Hardware Startup Shiftall

Shiftall, the Japan-based VR hardware creator, is no longer owned by Panasonic, as the company has been effectively sold off to the Tokyo-based company CREEK & RIVER. As first noted…

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Microsoft Teams Now Supports 3D & VR Meetings, Releases ‘Mesh’ App on Main Quest Store

Microsoft Teams now lets you hold meetings in 3D and VR, as its immersive chatting platform Microsoft Mesh has now come out of preview.Microsoft announced Mesh back in early 2021,…

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Quest Massively Outsold PSVR 2 on Amazon Over the Holiday Season

Judging by sales volume on Amazon, Quest 2 & Quest 3 massively outsold PSVR 2 during the 2023 holiday season. Tracking Quest 2, Quest 3, and PSVR 2 sales volume…

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Disney is Working on a VR Treadmill That Supports Multiple Users

Disney unveiled an omni-directional treadmill project it hopes to eventually scale up for users both in and outside of virtual reality. Called HoloTile, the unique device is composed of individual…

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Magic Leap Gets Half-billion Dollar Boost Ahead of Vision Pro Launch

Saudi Arabia has recently injected more than half a billion dollars into augmented reality company Magic Leap, which it hopes will rival Apple’s Vision Pro mixed reality headset. Saudi Arabia’s…

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