Virtual Reality Industry News
A collection of Virtual Reality latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Crew Conducts Futuristic Workouts, Advanced Eye Exams During Spacewalk Preps
Futuristic workouts, eye exams, and virtual reality led the research schedule for the Expedition 75 crew aboard the International Space Station on Wednesday. Spacewalk training and lab maintenance filled the rest of the shift for the seven orbital…
Meta's Reality Labs lost over $4.6 billion in second quarter
Reality Labs continues to bleed cash, though its loss in the second quarter was narrower than expected. The unit builds virtual reality and wearable devices powered by AI. Meta's Reality Labs unit, which develops virtual reality devices and…
Meta misses profit expectations, sticks to massive AI spending
Facebook-parent Meta reported profits on Wednesday that fell short of Wall Street expectations, as the cost of staying in the race to deploy artificial intelligence — along with hefty legal and severance charges — hurt its bottom…
Meta reports second-quarter results after the close
Meta is expected to show 27% year-over-year revenue growth in its second-quarter earnings report. Investors will be particularly focused on capital expenditures, as Meta and its hyperscaler peers collectively spend hundreds of billions of dollars a…
Zuckerberg lays out Meta's AI capacity dilemma: What to sell vs. what to keep
Meta told investors during its earnings call that there's a balancing act when it comes to the company's infrastructure buildout. As Meta prepares to sell some of its excess capacity, Zuckerberg said the company has to consider what it should lease…
XR patent report highlights pivot from Metaverse hype to commercial maturity
New report demonstrates how extended reality technology is starting to permeate a vast range of industries, including health care, telecommunications and entertainment. Extended reality (XR) technologies are entering a more commercially mature…
Tim Cook's last earnings call comes at momentous time for Apple with stock at record
Apple CEO Tim Cook is getting set for his last earnings call as the leader of the iPhone maker. The stock has rallied of late, briefly lifting the company's market cap past $5 trillion on Tuesday. But Apple faces plenty of hurdles and investor…
Meta misses profit expectations, sticks to massive AI spending
The social media giant said net income dropped 14 percent from a year earlier to $15.8 billion. Revenue, however, climbed 28 percent to $60.8 billion, beating estimates and underscoring the continued strength of its advertising business. Shares in…
New Stardew Valley Release Lets You Play in VR
A new mod for Stardew Valley lets fans play the game both in full 3D and virtual reality, allowing players to seamlessly switch between the classic 2D and 3D modes. The VR mod for Stardew Valley is said to be easy for players to install and comes…
Leaked Gemini 4 Launch Targets August 2026 to Rival ChatGPT
Google's upcoming AI model, Gemini 4, represents a significant leap forward in artificial intelligence development. With a multi-trillion parameter architecture and features like Selective Activation for optimized resource use, the model is…
35 Cool Gifts for 9-Year-Old Boys Now That They're a Tween
We've been independently researching and testing products for over 120 years. If you buy through our links, we may earn a commission. Learn more about our review process. When it comes time to find gifts for 9-year-olds, they're in a sweet spot.
Meta's AI bill swallows nearly all of its free cash flow as profit falls 14%
Meta Platforms Inc.'s shares fell more than 8% in after-hours trading today after the social networking company beat revenue expectations for its fiscal 2026 second quarter but missed badly on earnings as costs rose 55%. For the quarter that ended…
Readystate Asset Management LP Makes New $2.19 Million Investment in Unity Software Inc. $U
Readystate Asset Management LP purchased a new stake in Unity Software Inc. (NYSE:U - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 99,596 shares of the company's stock, valued at…
Meta Platforms Q2 Earnings Call Highlights
Meta's AI Spending Problem Just Found a BlackRock Solution Meta Platforms NASDAQ: META reported second-quarter 2026 revenue growth of 28% as the company said artificial intelligence initiatives improved content recommendations, advertising…
At the International Black Theatre Festival, America's 250th Finds a Fuller Story
By the end of July, any available stage in Winston-Salem, NC, will be occupied. A theatre lover could spend the afternoon with August Wilson's Fences, see the satirical Purlie Victorious that evening, catch Michael Colyar's late-night comedy, and…
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