Unity Technologies, a creator of gaming software, is reportedly in negotiations to raise funds, which could value Unity at $1.5 billion.
Crytek’s new VR-enabled game development engine, the CryEngine V, will be available for a price that “feels comfortable” in the company’s new “Pay What You Want” business model. Users can buy resources from the engine’s new Marketplace system and also choose to contribute to the company’s new program to help indie projects around the world.
Owners of Samsung Gear VR can connect the headset to their Facebook accounts. Starting next week, users will be able to like and share 360-degree video from inside the VR headset.
SuperData Research reduced its 2016 virtual reality revenue outlook by 30%. The company expects to sell 16.8 million mobile VR instruments within 2016 end.
HTC announced to bundle its virtual reality (VR) headset with painting application from Google on Monday last week. HTC have also open pre-order and will start shipment in early April.
Apple has been used to acquire smaller technology enterprises occasionally and is reluctant to discussing its policy or plan. This has been referred as the Apple’s usual nod for purchasing any company by the analysts. Thus the analysts confirm Apple’s Flyby Media acquisition and predict developing of iPhone headsets capable of tracking subject’s motion.
Facebook is expected to announce its fourth-quarter earnings soon and analyst are expecting that the company will deliver a better than expected report. The company is also expected to boost its revenue this year through the expansion of its video advertising, Instagram, and Oculus RIft.
Palmer Luckey, founder of Oculus Rift company have to stand in court in a lawsuit against him. The plaintiff is Total Recall Technologies that accused the 23-year old to use its data illegally.
Oculus VR founder Palmer Luckery said he is sorry for misleading consumers into believing that the Oculus Rift only costs $350, when it is really priced at almost $600.
Oculus Story Studio has released a new virtual reality movie for the Oculus Rift featuring a charming quill-covered animated character, Henry the hedgehog.
When Sony unveiled the Project Morpheus VR headset at E3, IT enthusiasts and gamers are keeping their eyes on it, particularly when they announced that it will be getting its way on 2016. Now Sony will allow the public to experience the most awaited VR headset on GameStop Expo 2015 for the first time.
Virtual reality goggles, drones and data centers are all driving a hiring spree at Facebook Inc (FB.O) that is set to swell its ranks as much as 14 percent in the near term, according to a review of job listings on the company's website.
In the shadow of Internet monoliths such as Facebook, Google and Twitter, it's easy to forget that Silicon Valley got its start from hard-scrabble tinkerers building radios, microchips and other devices.
Houston, US-based virtual reality (VR) treadmill maker Virtuix Omni bagged $3 million in its seed funding round with Tekton Ventures and Maveron as lead investors to fund the commercial release of its product.
Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its technology.
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