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Altspace VR to Shut Down Following Microsoft Layoffs

XR Today - Virtual Reality

Last Friday, Microsoft-owned immersive social platform Altspace VR (virtual reality) announced the closure of its service effective March 10, 2023. The decision comes following recent lay offs at Microsoft. The entire division faces an uncertain future following Microsoft laying off 11,000 workers this month.

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Altspace VR to Shutdown Following Microsoft Lay Offs

XR Today - Virtual Reality

Last Friday, Microsoft-owned immersive social platform Altspace VR (virtual reality) announced the closure of its service effective March 10, 2023. The decision comes following recent lay offs at Microsoft. The entire division faces an uncertain future following Microsoft laying off 11,000 workers this month.

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Global Virtual Reality Industry to Reach $7.2 Billion in Revenues in 2017

Road to VR

In a new Virtual Reality Industry Report, Greenlight Insights forecasts modest VR industry growth in the short term, growing into a major global content marketplace by 2021. In its new Virtual Reality Industry Report: Spring 2017 , Greenlight Insights forecasts total virtual reality revenues to reach $7.2

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Microsoft is the First Major Tech Company to Host a VR Keynote, and it Went Down Without a Hitch

Road to VR

Last week Microsoft became the first major tech company to host a keynote presentation fully in virtual reality. Last week, Microsoft took the next step toward one possible future of the tech keynote when it delivered the opening presentation to its Ignite 2021 developer conference fully in virtual reality.

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Microsoft to Talk About the Future of XR in Ignite 2021 Keynote Hosted in ‘AltspaceVR’

Road to VR

Microsoft is looking to make good use of its social VR platform AltspaceVR next week as it hosts its first Ignite keynote in virtual reality. ” Register here for @Microsoft ‘s virtual event (Mar 2-4): [link] pic.twitter.com/1uVy3bb3xB. Alex Kipman (@akipman) February 24, 2021.

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Glue Collaboration to Shut Down, Operating Firm Declares Bankruptcy

XR Today - Virtual Reality

As of April 8 2024, the company operating virtual reality immersive collaboration platform provider Glue declared bankruptcy under a decision by the District Court of Helsinki. The news of Glue’s potential closure comes following the decrease in virtual meeting spaces from major XR firms, such as Microsoft, Mozilla, and Meta.

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ASUS, Lenovo & Xbox Are All Making XR Headsets Running Meta’s New Third-party Friendly Operating System

Road to VR

Meta today announced it’s opening its operating system to third-parties , and has named three heavy weights that have pledged support for its newly renamed Meta Horizon OS: Asus, Lenovo, and Microsoft’s Xbox. Microsoft subsequently shut down the Windows Mixed Reality platform in late 2023.

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