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#layoffs #metaverse #ai-strategy #product-design #vrar-industry-downturn #technology-investment-pullback
fromComputerworld
1 day ago

With attention shifting to AI smart glasses, VR faces another reality check

"It's not an overstatement to declare another VR winter," said J.P. Gownder, vice president and principal analyst at Forrester. "I think we might even go as far as to say there's only a handful of successful scenarios where people are using VR." This assessment reflects the industry's struggle to find practical applications beyond niche markets.
Gadgets
fromThe Verge
1 week ago

Meta's VR metaverse is ditching VR

Instead of attempting to make the 3D social platform work for both VR and mobile, Meta is "explicitly separating" its "Quest VR platform from our Worlds platform" and "shifting the focus of Worlds to be almost exclusively mobile," Samantha Ryan, Reality Labs' VP of content, says in a blog post. The new approach sets Meta up to better compete with platforms like Roblox and Fortnite, which also offer user-generated experiences that can be played on your phone.
Tech industry
Wearables
fromThe Verge
3 weeks ago

Supernatural was a breakout VR fitness sensation - meet the women furious with Mark Zuckerberg for killing it

Meta's shutdown of Reality Labs VR studios halted new Supernatural content, threatening the game's community-driven fitness ecosystem and user engagement.
Tech industry
fromBusiness Insider
1 month ago

Palmer Luckey says Meta's VR layoffs aren't a 'disaster' - and fix a problem critics aren't talking about

Meta's Reality Labs layoffs reallocate resources from subsidized first-party VR game development toward core technology and platform stability, not a retreat from VR.
Apple
fromThe Verge
1 month ago

Siri is a Gemini

Apple partnered with Google's Gemini to power Siri, marking a major shift in the AI competition and a possible strategic retreat by Apple.
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Tech industry
fromAdExchanger
1 month ago

The Great Metaverse Reversal; Netflix Grows The Catalogue | AdExchanger

The metaverse failed financially, leading Meta to slash Reality Labs spending and pivot toward AI while other tech firms pursue alternative revenue like live sports.
Tech industry
fromGameSpot
1 month ago

Meta Shuts Down The Studios Behind Deadpool VR, Asgard's Wrath 2, and Resident Evil 4 VR

Meta closed Twisted Pixel, Sanzaru, and Armature Studio, sharply reducing first-party AAA VR game development capacity for Quest as it shifts focus to wearables.
Gadgets
fromWIRED
2 months ago

Meta Poached Apple's Top Design Guys to Fix Its Software UI

Meta hired Alan Dye and Billy Sorrentino from Apple to lead a Reality Labs design studio focused on next-generation AI hardware, software, and improved user interfaces.
Apple
fromBusiness Insider
2 months ago

Meta hires longtime Apple design leader Alan Dye to run a new Reality Labs creative studio

Meta hired Alan Dye to lead a Reality Labs creative studio combining design, fashion, technology, and treating intelligence as a new design material.
Gadgets
fromThe Motley Fool
4 months ago

Mark Zuckerberg Just Got Some Powerful New Competition for AI-Enhanced Wearables | The Motley Fool

Apple's entry into AR wearables threatens Meta's VR dominance by offering advanced, mainstream-friendly devices that could outcompete Meta's niche, costly headsets.
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