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Why One of VR’s Most Valuable Companies is Shutting Down, According to Top Creator

Social VR platform Rec Room, once valued at $3.5 billion, announced earlier this week that it will be shutting down in June. The studio says it never quite figured out how to turn a profit, though top avatar creator blueasis maintains the story is a bit more complicated. If you’ve ever seen the weird little VRChat […]

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‘Moss’ Developer Polyarc Lays Off Two-Thirds of Studio Following “major project” Cancellation

Polyarc, the studio behind VR puzzle-platformer series Moss, announced it’s significantly reducing the size of the company, marking another VR pioneer currently experiencing existential turmoil. The studio released word via a LinkedIn post on Tuesday, noting that layoffs come amid an “unsuccessful team-wide effort to secure funding following the cancellation of a major project.” Speaking to GamesIndustry.biz, […]

The post ‘Moss’ Developer Polyarc Lays Off Two-Thirds of Studio Following “major project” Cancellation appeared first on Road to VR.

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Meta Inches Into Health Wearables with New Food Logging Feature for Ray-Ban Smart Glasses

Meta announced it’s pushing an update to Ray-Ban and Oakley Meta smart glasses that’s slated to make nutrition tracking easier by letting Meta AI visually suss out food before you eat it. The News Over time, the company says that a user’s food log will inform “increasingly personalized insights that get more useful, helping you […]

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‘Cyberpunk 2077’ is Officially Coming to VR Soon as a Co-op Location-based Experience

CD Projekt Red announced it’s working with Zero Latency VR to bring Cyberpunk 2077 to out-of-home VR destinations. Zero Latency VR calls the forthcoming experience “based on the world of Cyberpunk 2077,” but built specifically for the company’s untethered, free-roam technology. What’s more, the studios say they’re bringing the co-op experience to Zero Latency VR’s locations worldwide […]

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Road to VR & Scott Hayden

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Meta is Releasing 2 New Ray-Ban Meta Smart Glasses for Prescription Wearers, Starting at $500

Meta and eyewear partner EssilorLuxottica announced two new “optical-forward” pairs of Ray-Ban Meta glasses, which are said to support nearly all prescriptions. Ray-Ban Meta and Oakley Meta smart glasses can already be paired with prescription lenses, although the latest pairs of Ray-Ban Meta smart glasses are coming with new ergonomic features: overextension hinges, interchangeable nose-pads, […]

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Road to VR & Scott Hayden

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Meta Slated to Launch Two New Ray-Ban Smart Glasses, According to FCC Filing

Meta and EssilorLuxottica appear to be preparing two new Ray-Ban smart glasses for launch, according to US Federal Communication Commission (FCC) filings from earlier this month. As first reported by Janko Roettgers in his Lowpass newsletter, Meta hardware partner EssilorLuxottica has filed with the FCC two new devices which appear to be the next generation of their […]

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Road to VR & Scott Hayden

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Watch The VR Games Showcase Right Here at 9AM PT

The next edition of the VR Games Showcase is nearly here, bringing another heaping dose from VR’s leading Direct-style digital showcase dedicated to revealing high-quality VR games and showing updates on some of your most anticipated projects. We’ve lined up one of our best shows yet, featuring over 20 games. That includes fresh looks at […]

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Meta Shows Confidence in EMG Input for Wearables by Funding Six External Studies

Meta announced it’s tapped six external teams to receive a research grant in order to advance work on its surface electromyography (sEMG) based wristband controller. Meta revealed in a blog post it’s launched a research funding initiative focused on improving how users learn and interact with sEMG systems, having chosen six universities out of 70 global […]

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Road to VR & Scott Hayden

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XR Startup Lynx Appears to Enter Liquidation Proceedings Ahead of R2 Headset Launch

The company behind Lynx has entered liquidation proceedings ahead of launch of its upcoming Lynx-R2 XR headset, which is targeted at both consumers and enterprise. According to French court documents, SL Process, the company behind Lynx, has officially entered judicial liquidation following a ruling by the Economic Activities Court of Nanterre, France. The legal notice was […]

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Road to VR & Scott Hayden

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Niantic’s WebAR Creation Platform ‘8th Wall’ Goes Open Source as Hosted Services Go Offline

Niantic Spatial has now made its WebAR creation platform ‘8th Wall’ free and open source, which also comes alongside a shutdown of hosted services. Previously a paid service, 8th Wall allows users to create Web-based XR content for a variety of target devices, including smartphones, computers and XR headsets. Now, as a part of releasing […]

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Road to VR & Scott Hayden