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Facebook’s Customer Base Spells Success For The Oculus Quest

VRScout

When Facebook acquired Oculus in 2014, many were curious as to why a social media company, whose track record with hardware included a phone that failed just a year prior to the Oculus purchase, would be interested in buying the plucky VR startup for over $2 billion dollars. That’s where Facebook comes in.

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A Brief History of VR

VeeR VR

In 1968, Ivan Sutherland and Bob Sproull created the first head-mounted display (HMD) system for immersive simulation applications. Being that it was the first HMD both quality of the interfac e and realism of the simulation were rather low, and it weighed so much that it had to be suspended from the ceiling by metal cables. .

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Over 20 Use Cases of Smart Glasses, VR Headsets, and Smartwatches at Airports

EnterpriseWear

Ideas on the ground and on board: The airport industry first began toying with wearable technology with the release of the original Google Glass in 2013. Let’s look back: Early trials: Virgin Atlantic ’s 2014 trial at London Heathrow Airport – in collaboration with SITA – included both Google Glass and the Sony SmartWatch 2.

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Looking Back at Virtual Reality Over the Last 5 Years

UploadVR Between Realities podcast

Sure, there had to be a good reason why, they didn’t have infinite money, but as the head professor of the games courses had just purchased a $50k simulator chair basically on a whim, I figured I might just ask. But, in 2014, someone else stepped in: Valve. So this is in spring of 2014. billion dollars.

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Investing in XR with GFR Fund’s Teppei Tsutsui

XR for Business Podcast

And we look at something like Altspace — which is a direct competitor to VRChat — and it doesn’t seem like it’s moved or changed since it was released in 2014, 2015. So they have a platform on their own app and Sony PlayStation’s, as well. And Sony has been a great partner for the company.

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Investing in XR with GFR Fund’s Teppei Tsutsui

XR for Business Podcast

And we look at something like Altspace — which is a direct competitor to VRChat — and it doesn’t seem like it’s moved or changed since it was released in 2014, 2015. So they have a platform on their own app and Sony PlayStation’s, as well. And Sony has been a great partner for the company.

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Investing in XR with GFR Fund’s Teppei Tsutsui

XR for Business Podcast

And we look at something like Altspace — which is a direct competitor to VRChat — and it doesn’t seem like it’s moved or changed since it was released in 2014, 2015. So they have a platform on their own app and Sony PlayStation’s, as well. And Sony has been a great partner for the company.