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Meta Settle for $725 Million in Class Action Lawsuit

XR Today - Virtual Reality

However, the firm chose to settle with a multi-million dollar price tag. The FTC first started blockades and legal proceedings with Meta in 2022 for its $400 million acquisition of Within, the maker of Supernatural, a popular VR fitness app. The FTC sued Meta in the U.S.

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Snapchat Raises its Location Game

AR Insider

This thinking drove Snap’s 2017 acquisition of Placed, which it subsequently divested for other reasons. According to Dao, Much of Snap’s location strategy orbits the Snap Map, which geo-tags users and their Snaps on a map interface. Its since shown intent to carry the social mapping baton farther. Crowdsourcing Location.

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How Dropp Is Building a Real-World Metaverse From Digital Twins

ARPost

And, today, September 8, they’ve announced the acquisition of just the company to help them do it. In the case of Flyy, these digital twins allow users to post messages tagged to physical locations. Dropp wants to create a social metaverse that uses digital twins of real cities as a virtual scaffolding to build AR experiences.

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AMD’s Acquisition of Xilinx Receives Regulatory Go, Expected To Close Feb. 14th

Anand Tech

Although it’s taken a bit longer than planned, AMD’s acquisition of Xilinx has finally cleared the last regulatory hurdles. With all the necessary approvals acquired, AMD and Xilinx are now moving quickly to finally consummate the acquisition.

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The XR Week Peek (2023.10.17): Quest 3 has been shipped, Quest 3 Lite to come in 2024, and more!

The Ghost Howls

This rumor mentions a thing we already heard from other sources, which is that Meta is working on a new cheap device for 2024, aiming at a price tag of $199. But this article goes a bit more in detail about this topic.

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Snapchat Advances Its Geo-Local AR Play

AR Insider

For example, 250 million Snap Map users can tag, share and check into local spots. earth acquisition. A feature of Snap Map, it brings more structure to local discovery by positioning 30 million local businesses with more formal interactivity in the mapping UX.

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Data Dive: Did the U.S. Army 2X the AR Market?

AR Insider

It’s been reported that the price tag is $22 million, but how does this stack up to current enterprise AR spending? Short for Integrated Visual Augmentation System, it enables battlespace awareness, target acquisition, identification of friendlies, night vision, and thermal imaging, among other things.

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