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Big XR News from Meta, Microsoft, and Magic Leap

XR Today - Big XR News tag

Moreover, with significant firms struggling through Q1, official government bodies are also decelerating Metaverse growth out of competition fears. The Reality Labs division develops and manufactures Meta’s VR headsets, such as the Oculus Quest 2. Microsoft first announced its acquisition in 2022.

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Microsoft Joins Google, HTC Vive, Facebook, Samsung, and Sony as an XR Association Member

Peter Graham

Formerly called the Global Virtual Reality Association (GVRA), today the XR Association (XRA) has announced that Microsoft has joined as a member company alongside founding members HTC Vive, Sony, Google, Facebook, and Samsung. We are thrilled to welcome Microsoft to XRA,” said Elizabeth Hyman, CEO of the XR Association.

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Meta and the next 24 months crucial for its leadership

The Ghost Howls

In the case of VR, we all remember the competition between HTC and Oculus in 2016, with HTC clearly winning the market until Oculus used Facebook’s money to slash the price of the Rift around 2017. This led to a growing importance of Oculus, until with the Quest it started dominating the market in a way no one was able to face.

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The XR Week Peek (2020.05.25): new rumors on Apple Glasses, Oculus Quest anniversary, HP Reverb G2 and more!

The Ghost Howls

Image by Oculus). Oculus Quest becomes 1 year old, and Facebook makes many announcements. The Oculus Quest is now one year old. But the greatest feature is that finally Oculus is accepting hands-tracked applications in the Oculus Store from the 28th of this month! Happy birthday, Oculus Quest!

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“Thinking Ahead About XR” Report by Bipartisan Policy Center and XR Association

ARPost

The XRA is an industry organization founded by Google , HTC VIVE , Microsoft , Oculus , and Sony Interactive Entertainment. This raises the question of how much they can really do and when, or if, the government should step in. About the “Thinking Ahead About XR” Report.

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VRTUOLUO talks about its FBEC event and the VR ecosystem in China

The Ghost Howls

With the trend of Gaming entrepreneurs, for example, Samsung, HTC, Sony, and Oculus transferred from games to virtual reality and we started to keep eye on the VR area. Since Meta made the acquisition and took over Oculus, VRTUOLUO began to write original and in-depth articles on the XR industry.

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The XR Week Peek (2020.10.26): DecaGear is an intriguing VR headset, HTC is working on a new device, and more!

The Ghost Howls

While Oculus is getting all the glory for the Quest, its competitors are not sleeping. Representatives of the JianXi province and also the vice prime minister Liu He have visited the venue, and the Chinese Government has confirmed its strong interest in VR, that is seen as a strategic technology. Other relevant news.

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