Virtual stadium developer Virtex closed $3.2M in seed funding
Virtex is expanding its team thanks to $3.2 million raised in a round of seed funding. The company is a VR focused virtual stadium...
Meta’s Reality Labs loses $2.96B on $695M in revenues in Q1 VR results
Meta’s first-quarter results showed us that Mark Zuckerberg’s vision of the metaverse is very expensive. And its losses are widening even as its VR...
Meta unveils its first physical retail store near its headquarters
Meta CEO Mark Zuckerberg unveiled his company’s first physical retail space, the Meta Store, near the company’s headquarters in Burlingame, California. The store will...
The DeanBeat: Is it a golden age of gaming when everything gets funding?
This week was a microcosm of the game industry’s continuous expansion. And it makes me think of the dream of a golden age of...
Reggie Fils-Aime doesn’t believe in Meta’s Metaverse
Reggie Fils-Aime doesn’t think Meta’s idea of the metaverse is set up to be a success. The former Nintendo of America boss thinks that...
Oculus Move users can track stats outside of Quest 2 in new update
Meta announced today a new update for Oculus Move that will allow users to keep track of their progress and information outside of their...
The DeanBeat: Metaverses that aren’t really metaverses
Another week, another round of crazy acquisitions and metaverse hype in the game industry. While I’m very proud of the 30 or so sessions...
Meta’s VR division lost $3.3B on $877M in revenue in Q4
Meta (the company formerly known as Facebook) reported that its virtual reality game, app, and hardware business generated $877 million in revenue in the...
Meta updates avatars for cross-platform and inclusivity
Meta, the company formerly known as Facebook, is serious about the metaverse and you can see that in its more expressive cross-platform avatars. The...
Jason Rubin on Meta’s strategy for the metaverse
When Jason Rubin joined Oculus VR in 2014, he was handed a copy of Ready Player One, one of the books that helped define...