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Report: TikTok Parent Lays Off Hundreds at VR Subsidiary Pico Interactive, Tencent Scraps VR Plans

Road to VR

Seen a direct competitor to Meta Quest 2, Pico 4 still isn’t officially sold in the US; the headset is currently only available across Japan, Korea, Singapore, Malaysia, and most countries in Europe. This follows a widening trend of layoffs which have affected nearly every big name in tech, including Google, Meta, Amazon, and Microsoft.

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Microsoft to Expand HoloLens Availability to 29 More European Markets in December

Road to VR

Microsoft announced at their at Future Decoded conference in London that HoloLens, the company’s augmented reality headset, will be expanding its international availability to include all of the European Union in December. image courtesy Microsoft. image courtesy Microsoft. image courtesy Microsoft. .”

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The VR Awards Announce 2022 Finalists

VRScout

Past winners have included hardware such as the Meta Quest 2 headset, social media influencers like Thrillseeker , and VR experiences including ILMxLAB’s Secrets of the Empire and Wolves in the Walls from Fable Studio. VR Hardware of the Year. Credit: AIXR. VR Social Impact Award. Credit: HTC. – XTAL 3 Mixed Reality.

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Canon Unveils Enterprise-focused AR Headset ‘MREAL Display MD-20’

Road to VR

Japanese tech giant Canon today unveiled its next enterprise-focused AR headset which aims to replace its MREAL Display MD-10 , which the company launched in Japan in mid-2016 for the astounding price tag of ¥9 million (~$82,300). Interface cable (20m). MREAL display MD-20 / MD-10 common, interface cable (20m).

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Defining a Tech Cycle and Where Augmented Reality and Virtual Reality Stand

ARPost

Many leading technology companies such as Facebook, Apple, Microsoft, and Google are investing billions into developing these technologies. AR, VR, and AI have already been introduced to the market, but we are very early in the evolution of the hardware and infrastructure that will lead to mass adoption.

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Nexco-East Leverages Microsoft’s Metaverse

XR Today - Mixed Reality tag

Microsoft is already working with an esteemed client list to distribute its immersive solutions portfolio to suit a range of enterprise use cases. One of Microsoft’s XR clients is Nexco-East Engineering, which operates roughly 4,000km of all expressways in Japan. This resulted in gaps in understanding.

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

Road to VR

The report, released today in partnership with Road to VR , as well as international contributing firms iResearch (China) and MoguraVR (Japan), includes global hardware, software and services revenue forecasts, as well as findings from a new survey of VR industry professionals. 5-year global VR hardware and software forecasts.