Meta Will Now be Able to Sell Its New Budget VR Headset in China
| | | | | | | | | | | | | | | | |

Meta Will Now be Able to Sell Its New Budget VR Headset in China

After 14 years of no access to China, Meta has finally managed to strike a deal with the Chinese videogame maker and the world’s largest videogame company, Tencent Holdings. Starting in late 2024, Meta will be able to sell their new lower-cost virtual-reality headset in China. Read more… Visit Site Source: Gizmodo Author: Dua Rashid

TikTok Owner’s VR Headset Company Pico Lays Off Hundreds of Staff: Report
| | | | | | | | | | | | | | | | | | | |

TikTok Owner’s VR Headset Company Pico Lays Off Hundreds of Staff: Report

ByteDance, the China-based company that owns TikTok as well as one of the biggest overseas VR makers, Pico, is taking a long look at its VR headset business, finding that all those metaverse champions were way too “optimistic” in their estimation that virtual reality would take over the world. Read more… Visit Site Source: Gizmodo…