Virtual Reality

The year 2023 is forecast to see 18.8 million AR/VR device shipments, riding on the Metaverse momentum.

The report added that the headset is expected to debut by the end of 2022.

There will also be competition from Microsoft, Alphabet, Snap and Sony. But none of these companies can match Apple's combination of design chops, cutting-edge hardware and a huge existing ecosystem

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Apple had to make tough choices about the final design of its augmented (AR) and virtual reality (VR) headset as it reportedly chose a standalone AR/VR headset over a more powerful tethered design.

With the new v40 software update, Meta is testing optional E2EE for Messenger's one-on-one messages and calls in VR

The acquisition of California-based startup with MicroLED technology will help Google build next generation of augmented/virtual and mixed reality headsets amid the buzz over metaverse

According to The Information, the aggressive timeline reflects Meta Founder and CEO Mark Zuckerberg's desire to advance his metaverse dream by getting more people to use VR devices.

In 2021, the Asia Pacific AR/VR market for headsets Grew by 60 per cent, with shipments reaching 2.19 million units, according to the IDC

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Meta CEO Mark Zuckerberg said that creator monetisation and metaverse economy is really important.

IT services major Tech Mahindra, too, has entered the space with TechMVerse and will offer a metaverse based car dealership and a virtual bank among other things

This comes after recent reports that the company had halted work on the team's project creating a unified custom operating system for its VR and AR headsets, citing The Information, The Verge reported

Horizon Worlds was rolled out to Oculus Quest VR headset users in the US and Canada in early December.

The company filed 10 applications with the US Patent and Trademark Office earlier this month for the McDonald's brand and McCafe

The AR/VR headset is reportedly expected to run a new operating system, previously referred to as "rOS", which stands for Reality Operating System

The company's head of metaverse, Vishal Shah, cited opportunities for brands around digital goods and immersive shopping

Of the more than 3,000 open jobs listed on Meta's website, more than 24 percent are now for roles in augmented or virtual reality

Microsoft on Wednesday announced that its mixed reality headset HoloLens 2 is now available in India.

Microsoft cited the metaverse as a reason for buying Activision Blizzard for $68.7 billion. Let's break down what that really means