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Oculus Founder on Meta Cuts: “The ‘Meta abandoning VR narrative’ is obviously false”

In light of Reality Labs’ reorganization, which has seen recent internal studio closures and layoffs, Oculus founder Palmer Luckey calls the doomer narrative “obviously false.” The News Luckey literally kickstarted consumer VR more than a decade ago with the founding of Oculus, which in 2014 was acquired by Meta (ex-Facebook) for $2 billion. Having departed […]

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Road to VR & Scott Hayden

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Google Extends Hardware Partnership with XREAL, Positioning AR Glasses Maker as Android XR Leader

Google announced a multiyear extension to its partnership with AR glasses maker XREAL, positioning it as a lead hardware partner for the Android XR ecosystem. The News XREAL Project Aura is an Android XR-based pair of AR glasses which is due to ship sometime this year. Combining a 70° field of view with an optical […]

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Road to VR & Scott Hayden

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Meta Delays Puck-Tethered XR Headset to 2027, Next Quest “Large Upgrade” to Current Gen

Meta may be pushing back the release of an upcoming XR headset that tethers to a pocketable compute puck. Meanwhile, the company says its next-gen Quest will be a “large upgrade” over the current generation. The News Meta supposedly planned to release the device, codenamed ‘Phoenix’, in the second half of 2026, which is said […]

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Road to VR & Scott Hayden

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Mojo Vision Secures $75M Investment to Commercialize Micro-LED Displays for XR Glasses

Mojo Vision announced it’s secured a $75 million Series B Prime investment round, which the company says will support the commercialization of its powerful and flexible micro-LED platform for XR glasses. The round was led by Vanedge Capital, and included investments from current shareholders Edge Venture Capital, New Enterprise Associates (NEA), Fusion Fund, Knollwood Capital, […]

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Road to VR & Scott Hayden

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Operator XR Secures $3.7M VR Training Contract with Texas Department of Public Safety

Australian immersive training technology company xReality Group announced its subsidiary Operator XR has secured a contract with the Texas Department of Public Safety (Texas DPS) worth up to AUD $5.71 million (~$3.7 million USD), which will see the rollout of it VR police training system across the state. According to a press statement, Operator XR’s […]

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Road to VR & Scott Hayden

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Meta-owned Dev Team of ‘Onward’ is Being Dismantled Following Major Game Update

Onward (2020), the tactical mil-sim shooter from Meta-owned Downpour Interactive, got its big 2.0 update in March, bringing improved visuals and a host of new content to the game. Now, Downpour Interactive announced that Meta is shutting down the studio, effectively halting development and moving employees to sister studio Camouflaj. Downpour Interactive announced the news […]

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Road to VR & Scott Hayden

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Apple is Approaching Social on Vision Pro the Way Meta Should Have All Along

As one of the world’s leading social media companies, it seemed like Meta would be in the best position to create a rich social experience on its XR headsets. But after almost a decade of building XR platforms, interacting with friends on Meta’s headsets is still a highly fragmented affair. With Vision Pro, Apple is […]

Road to VR & Ben Lang

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The Biggest Announcements at Meta Connect and What it All Means for the Future of XR

Meta Connect 2023 has wrapped up, bringing with it a deluge of info from one of the XR industry’s biggest players. Here’s a look at the biggest announcements from Connect 2023, but more importantly, what it all means for the future of XR. Last week marked the 10th annual Connect conference, and the first Connect […]

Road to VR & Ben Lang

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Leaked Xbox Documents Show XR Interest But No Immediate Plans

Leaked documents relating to Microsoft’s business strategy for Xbox show the company eyeing XR technology but continuing to keep it at arm’s length. While Microsoft has previously taken considerable steps into XR with both HoloLens and the Windows Mixed Reality platform on PC, the company’s flagship gaming division, Xbox, has notably not joined the fray. […]

Road to VR & Ben Lang

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Meta’s XR Revenue Down 39% “due to lower Quest 2 sales,” as Quest 3 & Vision Pro Loom

Meta’s latest quarterly results show its Reality Labs XR division is again reporting an operating loss just south of $4 billion. Now, for its Q2 2023 results, the company says Reality Labs’ revenue was down by 39% due to lower Quest 2 sales, making for the worst quarterly performance in the past two years. Meta […]

Road to VR & Scott Hayden