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The XR Week Peek (2020.05.11): new Quest is in the works, Magic Leap may pivot to healthcare, and more!

The Ghost Howls

Image by Oculus). Facebook is working on a new version of the Oculus Quest. According to a report by Bloomberg, Oculus is working on a new Oculus Quest model, and it has already done prototypes that are lighter and more powerful than the current device. Top news of the week. Mechanical IPD is confirmed.

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These Are The Stocks You Could Buy To Invest In The VR Industry

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VR investments have broken into the billions of dollars with reports showing as high as $4-5 billion since 2010 and $2 billion in the last 12 months alone. billion from companies listed below like Google and Qualcomm. Facebook – NASDAQ: FB – Oculus VR, VR headset, VR Camera, VR content, VR platform.

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Spatial raises $14M more for a holographic 3D workspace app, a VR/AR version of Zoom or Hangouts

TechCrunch VR

But that too appears to be getting bumped up, so to speak, because of the positive outlook. . “We have always wanted to open up our platform to let others build applications on our framework, using our avatars, leveraging our cross-platform nature, finding new applications for our hand gestures,” Agarawala said.

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Can Mystical Magic Leap Lure Singapore’s Temasek into its Net?

VRWorld

The company was founded by Rony Abovitz in 2010, attracting high-profile investments from companies including Alibaba Group Holding Ltd., ’s Google, which invested directly in the firm and put Chief Executive Officer Sundar Pichai on the board. Google was one of the first to invest. s Oculus Rift. Qualcomm Inc.

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A Brief History of VR

VeeR VR

After its 2007 release of google Street View, in 2010, google introduced stereoscopic 3D mode for Street View. It was also in 2010 that 18-year-old Palmer Luckey created the first prototype of Oculus Rift, the famous VR headset. Two years later, in 2014, Facebook bought Oculus VR company for 2 billion USD.

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Magic Leap Could be a Great Strategic Acquisition

VRWorld

Microsoft tried to use total body immersion combined with a voice and gesture interface which became the Xbox Kinect hardware. Some parts of the gesture tracking may have made it into Microsoft new AR device, HoloLens. Some parts of the gesture tracking may have made it into Microsoft new AR device, HoloLens. Kinect version 2.0

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Small Mistakes Led to a $500 Million Verdict Against Oculus

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Mistakes in doing everyday business led to a $500 million verdict against Facebook’s Oculus division in a legal battle with ZeniMax. ZeniMax sued Oculus, Facebook, and well-known virtual reality leaders John Carmack and Palmer Luckey for misappropriating trade secrets after Carmack left ZeniMax’s id Software and went to work at Oculus.

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