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

XR Today - Big XR News tag

Following last week’s theme of layoffs across the tech sector, this week continues the unemployment trend as influential groups reassess the space and US Courts aim at Google. The wider immersive technology sphere also aims to discover new opportunities by leveraging emerging tech, attaining new partners, and business models.

Apple 77
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How Are US Regulators Affecting Big Tech’s XR Plans?

XR Today - Mixed Reality tag

The United States (US) Justice Department launched a lawsuit against Google’s parent company Alphabet on Tuesday, reports revealed. According to the lawsuit, Google earns roughly 80 percent of its earnings from advertising. If successful, the suit could significantly reduce Google’s key revenue streams.

Microsoft 103