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.

bbc.co.uk - Caroline Gall - Wolverhampton University opens AI humanities innovation hub - BBC News
Wolverhampton University opens AI humanities innovation hub - BBC News
BBC

A new hub at Wolverhampton University has been set up to look at how Virtual Reality (VR) and Artificial Intelligence (AI) can be used to improve research, business and culture. The Digital Futures Lab will officially launch on 7 February and offer…

sciencedaily.com - Scientists found the brain rhythm that makes your body feel like yours
Scientists found the brain rhythm that makes your body feel like yours
ScienceDaily

Feeling that your hand belongs to you may seem automatic, but the brain must constantly evaluate sensory information to make that judgment. Distinguishing what is part of the self and what is not is a demanding task that relies on precise brain…

cnbc.com - Alex Harring - Inflation data, bank earnings, Saks files for bankruptcy and more in Morning Squawk
Inflation data, bank earnings, Saks files for bankruptcy and more in Morning Squawk
CNBC

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With yesterday's inflation data, I am once again reminded that my preference for beef over poultry is hurting my grocery bill. Stock…

bloomberg.com - Stock Movers: JPMorgan Chase, Meta, Delta Airlines
Stock Movers: JPMorgan Chase, Meta, Delta Airlines
Bloomberg

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for…

itweb.co.za - Staff Writer - Meta braces for another round of layoffs
Meta braces for another round of layoffs
www.itweb.co.za

Meta will initiate staff cuts of more than 1 000 people within its Reality Labs division. Facebook-parent company Meta is reportedly in the process of laying off employees focused on virtual reality (VR) within its Reality Labs division. This comes…

newsweek.com - Ryan Chan - US F-35 stealth jet program hits major milestones
US F-35 stealth jet program hits major milestones
Newsweek

The United States F-35 fighter program recently hit significant milestones in both the number of aircraft delivered and components produced as 20 allied and partner nations rapidly field the stealth jet to bolster their air power amid adversary…

decrypt.co - Vince Dioquino - How Meta's Latest Job Cuts Compare to Recent Broader Tech Sector Layoffs
How Meta's Latest Job Cuts Compare to Recent Broader Tech Sector Layoffs
Decrypt

Meta Platforms, the parent company of Facebook and Instagram, has cut about 1,000 jobs from its virtual reality and metaverse division Reality Labs, as it reportedly prepares to shift resources toward AI wearables and mobile features. The Menlo…

gardenandgun.com - Gabriela Gomez-Misserian - Explore the Galaxy at America's Space Headquarters
Explore the Galaxy at America's Space Headquarters
Garden & Gun

Why you should go: In the 1950s, Huntsville became a hub for U.S. rocket production, including the one that shot the first satellite into orbit. That legacy continues today as the city lays the groundwork for the future headquarters of the U.S.

republicworld.com - info desk - AI Is Taking Jobs: Meta Confirms Major Layoffs in Reality Labs
AI Is Taking Jobs: Meta Confirms Major Layoffs in Reality Labs
Republic World

New Delhi: Meta has confirmed fresh layoffs in its Reality Labs division, a move that signals how quickly the company's grand metaverse experiment is giving way to the hard realities of artificial intelligence. Once the crown jewel of Mark…

cnbc.com - Jonathan Vanian - Meta's VR layoffs, studio closures underscore Zuckerberg's massive pivot to AI
Meta's VR layoffs, studio closures underscore Zuckerberg's massive pivot to AI
CNBC

Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects as part of its Reality Labs unit, CNBC confirmed.

republicworld.com - Nitin Waghela - Tata Elxsi CEO Manoj Raghavan On Key Drivers Behind Company's Growth In Q3FY26
Tata Elxsi CEO Manoj Raghavan On Key Drivers Behind Company's Growth In Q3FY26
Republic World

In Q3 FY2025-26, Tata Elxsi, a top provider of design led technology services, reported operating revenue of Rs. 953.5 crores, up 3.9% quarter-on-quarter (QoQ), and a Profit Before Tax (PBT) at Rs 242.0 crores, higher 12.7% QoQ. During the same…

sfgate.com - Stephen Council - Meta cuts more than 1,000 in Bay Area tech's first big layoff of 2026
Meta cuts more than 1,000 in Bay Area tech's first big layoff of 2026
SFGATE

Meta is laying off more than 1,000 workers, signaling a partial retreat from the company's much-derided metaverse ambitions. The layoff, the Bay Area tech industry's first big job cut of 2026, was announced Tuesday morning in an internal post from…

androidheadlines.com - Jean Leon - Meta Ditches the Metaverse for Smart Glasses After $70B Reality Labs Loss
Meta Ditches the Metaverse for Smart Glasses After $70B Reality Labs Loss
Android Headlines

Meta is making another significant shift in its long-term hardware strategy. A December report stated that the company was preparing deep cuts for its Metaverse division. Those predictions materialized this week with the layoff of approximately…

247wallst.com - Joel South - Meta Platforms (NASDAQ: META) Price Prediction and Forecast 2026-2030 for January 14
Meta Platforms (NASDAQ: META) Price Prediction and Forecast 2026-2030 for January 14
24/7 Wall St

Shares of Meta Platforms Inc. (NASDAQ: META) lost 3.76% over the past five trading sessions after gaining 0.32% the five prior. The fallout from concerns over its AI CapEx announced during the company's FY 2025 Q3 earnings report caused the stock…

hospitalitynet.org - Peter Lochbihler - Small Hotels, Big Stakes: Why Europe's Tourism Future Depends on SMEs | By Peter Lochbihler
Small Hotels, Big Stakes: Why Europe's Tourism Future Depends on SMEs | By Peter Lochbihler
Hospitality Net

Europe remains the world's top travel destination, attracting millions of visitors each year to its cultural landmarks, diverse regions, and natural beauty. The continent's diversity also drives strong intra-European travel, reinforcing a shared…

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