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Big News from Altspace VR, Apple, Disney, Lloyd’s, and the US Justice Department

XR Today - Big XR News tag

The wider immersive technology sphere also aims to discover new opportunities by leveraging emerging tech, attaining new partners, and business models. Microsoft Closes Altspace VR Last Friday, Microsoft announced it would cease operations of Altspace, a virtual reality (VR) socialization, Metaverse-lite platform.

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How Are US Regulators Affecting Big Tech’s XR Plans?

XR Today - Mixed Reality tag

Attorney generals from eight states—California, Colorado, Connecticut, New Jersey, New York, Rhode Island, Tennessee, and Virginia—have joined the litigation. ” Colorado AG Phil Weiser added advertisers faced higher fees and fewer revenues for publishers. Each of the state attorneys offered comment on the matter.

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