Virtuix, the Austin-based company, has recently launched the beta version of the Omni One treadmill, which is designed to offer an immersive VR experience. The treadmill allows users to move and run around in a 360-degree environment without any controller input, making the gaming experience more realistic. The company is shipping the product to investors … Read more
Facebook’s parent company, Meta, has been paying high salaries to programmers capable of building virtual reality-powered games, apps, and technology. Such programmers can earn up to $1 million in total compensation packages, according to anonymous sources familiar with the matter. These eye-popping salaries reflect the company’s multibillion-dollar investment in the metaverse, where realistic computer-generated spaces … Read more
Facebook’s parent company Meta is receiving backlash from more than 70 online children’s safety groups and experts who are calling on CEO Mark Zuckerberg to cancel plans to allow minors into his fledgling “Horizon Worlds” metaverse. The group argues that minors are already being exposed to online abuse, harassment, and offensive content on the platform. … Read more
The BFI London Film Festival in partnership with American Express has announced the opening of submissions for LFF Expanded 2023. The LFF Expanded is a strand of the festival that explores the possibilities of immersive media like virtual, augmented, and mixed reality, transforming the way we experience art and moving image. The final deadline for … Read more
Expanding the vision of the International Women and Full Stop Conference, with our expertise, partner network and encouraging cooperation with foreign partners in the region, we are developing a business support platform for the development and empowerment of women in their work – Women and Full Stop Hub. Through intensive cooperation with our partners, the … Read more
Since the launch of the first consumer version of Oculus Rift in 2016, virtual reality (VR) developers have sold $3 billion worth of apps and games, according to Tipatat Chennavasin, an early investor in Beat Saber. The game alone generated $255 million in sales between its release in May 2019 and October 2020. Chennavasin estimates … Read more
Apple is set to launch a mixed-reality headset in June, complete with a trove of software and services designed to make it more appealing to consumers. At a cost of approximately $3,000, this headset is being described as a game-changer, with features that include gaming, fitness, collaboration tools, and the ability to watch sports. Apple … Read more
A new survey by investment firm Piper Sandler has revealed that virtual reality technology has yet to catch on with American teenagers. The study found that only 4% of teenage headset owners polled used virtual reality on a daily basis, with 14% using it weekly. In contrast, 87% of teenagers surveyed owned an iPhone. The … Read more
Apple’s mixed reality (MR) headset has hit another snag in its production timeline. According to a recent report by Digitimes, Apple has dropped its exclusive assembly partner, Pegatron, for its upcoming MR headset. The Taiwanese firm has been removed from Apple’s supply line and has been ordered to transfer its MR headset assembly and manufacturing … Read more
The magical Central Park is one of the most famous parks in the world, a paradise for filmmakers and recreationists of all kinds. It is visited annually by over 20 million people. Central Park is the first public park built in the USA and is rightly called the “lungs of New York” today. The park … Read more