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Oculus To Meta: 10 Years Of Mark Zuckerberg's Quest For VR

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On March 25, 2014 the world learned Mark Zuckerberg purchased Oculus VR for over $2 billion. Oculus CEO Brendan Iribe, for example, tried and failed to ship better PC VR headsets than the Rift as standalone VR became Zuckerberg's focused strategy. Facebook had around 10,000 employees when it acquired Oculus in 2014.

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AiSolve Acquires Clay Park VR, Installs Founder as Head of North American Operations

Road to VR

AI and VR development firm AiSolve has acquired Clay Park VR , an LA-based strategy and advisory consultancy headed by Oculus-alum Shauna Heller. The UK-base AiSolve was founded in 2010 and has grown to some 40 employees focusing on development of AI and VR tech and experiences. Shauna Heller.

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Xbox Game Studios Has (inadvertently?) Acquired Heaps of VR Development Talent

Road to VR

Founded in 2007 to take over the Halo franchise on Microsoft’s behalf from its progenitor studio, Bungie, 343 Industries is responsible for every Halo game since Halo Reach (2010) , including the upcoming Halo Infinite which is due to launch with the next Xbox console. InXile – The Mage’s Tale.

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Nintendo Adds VR Support To Super Smash Bros. Ultimate

VRScout

Since the early 2010’s, the popularity of esports has grown rapidly. Imagine pulling up a bowl of popcorn, donning your Oculus Quest headset, and being immediately transported into an overhead view of a MOBA arena match. Image Credit : Nintendo. Now, VR is stepping up to answer that call for gamers. Image Credit : Nintendo.

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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. Facebook – NASDAQ: FB – Oculus VR, VR headset, VR Camera, VR content, VR platform. Samsung – KRX: 005930 – GearVR (partnership with Oculus VR) and 360 Camera.

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‘Serious Sam VR: The First Encounter’ Is Fast, Frenetic, and Fun FPS Action With Full Locomotion

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Earlier this year, Serious Sam VR: The Last Hope released on Steam Early Access , as well as on Oculus Home, to deliver one of the most intense, high-quality, wave shooters we’ve seen in VR yet. The games were all about speed, intensity, large arsenals of weapons, and lots of gore.

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