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Pico Reportedly Cancels Quest Competitor to Instead Take on Apple Vision Pro

Road to VR

According to a report from The Information , ByteDance subsidiary Pico Interactive is pulling the release of its next consumer-focused standalone headset in effort to no longer compete directly with Meta Quest, instead positioning its next device to compete with Apple’s $3,500 Vision Pro mixed reality headset.

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The XR Week Peek (2022.11.14): Meta lays off 11,000 people, Apple works on some sort of “metaverse”, and more!

The Ghost Howls

Apple is working on some sort of metaverse, and its headset is entering mass production. It has been a week of interesting rumors about the upcoming Apple MR headset. So, forget about an Apple headset that is going to enter the mainstream , as I already sold in this previous article. Other relevant news. Matias Nassi.

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Lynx Secures $4M in Series A Funding, Aims to Become “European Champion of Mixed Reality”

Road to VR

Alongside Somnium Space , participants in the latest funding round also include what Lynx calls early supporters of the company and “other investors involved in the AR/VR field such as ex-Meta and Google engineers.” ” This brings the company’s total outside funding to $6.8 says Stan Larroque, founder and CEO of Lynx.

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Report: HTC to Merge VR and Smartphone Divisions as President of Smartphones Resigns

Road to VR

GM of HTC smartphone Taiwan, is now GM of HTC Taiwan. Considering HTC recently sold off much of its smartphone team to Google in a $1.1 billion deal, which saw half of HTC’s smartphone R&D division transferred to Google, they’ll need VR more than ever. Chen(???),

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HTC Halts Stock Trading as Rumors of Sale Swirl

Road to VR

According to the Taiwan Stock Exchange, HTC will halt trading of its stock as of September 21st, pending an unknown announcement from the company, reports Bloomberg. Google—which is increasingly expanding its hardware business in the smartphone, connected home, and AR/VR sectors—has been fingered as one of the likely buyers.

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The XR Week Peek (2021.02.15): Facebook keeps working on its masterplan, WebXR arrives on iOS, and more!

The Ghost Howls

It wants to create an ecosystem , where most probably all the devices can work together (like it happens today with Apple devices); The report also claims that Facebook may be building its own operating system to encompass all these devices. Apple is working on Micro-OLED displays. Another week, another rumor about Apple’s XR efforts.

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Meta's Head Of AR Glasses Hardware Claims They're As Mindblowing As The Original Oculus Rift

Upload VR

That means glasses using it will have to be assembled inside the US, significantly raising the production cost, despite most of the manufacturing and components coming from China and Taiwan. Meta Reportedly Downgrading Key Specs Of AR Glasses Meta is reportedly downgrading key specs of its in-development AR glasses to achieve a lower cost.

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