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.
Lancaster prisoners use virtual reality to prepare for life after jail
The programme is at HMP Lancaster Farms, funded by Lancashire's Police and Crime Commissioner Clive Grunshaw. It includes a Safety Support Suite and immersive virtual reality (VR) headsets designed to help inmates develop essential life skills…
Tourism's R1.2m innovation promise stalls as new hackathon looms
This year's Tourism Hackathon will focus on community-based tourism. (Graphic: Nicola Mawson | Nicola Mawson and GenAI images) More than a year after tourism minister Patricia de Lille promised funding to commercialise the winning innovations from…
Artificial intelligence in stroke rehabilitation: A structured clinical review
Stroke is a major cause of long-term disability, and recovery varies substantially across motor, cognitive, communication, and activities-of-daily-living domains, making continuous assessment and individualized rehabilitation essential. However…
VR pioneer Owlchemy Labs jumps to XR for its next release
As the virtual reality market continues to struggle against economic headwinds, pioneering VR studio Owlchemy Labs has announced it's jumping into the world of extended reality (XR) games with its new title Hyper Visor. The game, which Alchemy…
Half-Life 3 Rumors Reignite After Valve Employee Lets Codename Slip
It's been two decades since we last checked in on Gordon Freeman in Half-Life 2: Episode Two, with the promise of a third Half-Life game languishing for an absurdly long time. In the intervening years, Valve has neither confirmed nor denied a third…
Companies laying off staff this year include Meta, Amazon, Visa, and Walmart - see the list
Amazon said in January that it would eliminate around 16,000 corporate roles globally. Beth Galetti, senior vice president of people experience and technology, described the January move in a company memo as part of broader efforts to cut back on…
A lesson from poker tells us not to fold on Meta after its earnings sell-off. Here's why
Meta's strong quarterly results were overshadowed by artificial intelligence spending concerns on Thursday, sending shares down 7%. The sellers made a mistake — and a trip to the poker table helps illustrate their folly. The bulls and bears…
Drone system uses VR for warehouse inventory
Engineering students at the University of Cincinnati are developing an easy-to-use system to deploy autonomous drones in warehouses to take inventory and alert workers about leaks from containers. UC College of Engineering and Applied Science…
AI/XR Beats: Iron Man Reps Specs, Anthropic Gets Agentic - AR Insider
Welcome back to our weekly roundup of happenings from XR and AI realms. Let's dive in… Musk Promises SpaceX Shares to Every American Child as Anthropic Pledges 5% to Public Benefit. On October 18, Anthropic announced plans to commit 5% of…
Meta Platforms (NASDAQ:META) Stock Falls 7% on Insider Selling
Meta Platforms, Inc. (NASDAQ:META - Get Free Report) was down 7% on Thursday after an insider sold shares in the company. The company traded as low as $639.69 and last traded at $648.85. Approximately 40,307,980 shares changed hands during trading…
The good, the bad, and the glitched when Mainers take tech abroad | Column
My wife, Connie, and I just returned from a three-week trip to New Zealand and Australia. Technology played a big part in our trip and we learned some things about tech in two countries a long way from the U.S. A confession: I didn't do as much…
Pivotal Research Forecasts Strong Price Appreciation for Meta Platforms (NASDAQ:META) Stock
Meta Platforms (NASDAQ:META - Get Free Report) had its price objective raised by analysts at Pivotal Research from $930.00 to $960.00 in a note issued to investors on Thursday, Benzinga reports. The firm presently has a 'buy' rating on the social…
KeyCorp Forecasts Strong Price Appreciation for Meta Platforms (NASDAQ:META) Stock
Meta Platforms (NASDAQ:META - Get Free Report) had its target price upped by equities researchers at KeyCorp from $900.00 to $905.00 in a report issued on Thursday, Benzinga reports. The firm currently has an 'overweight' rating on the social…
Meta Platforms (NASDAQ:META) Earns Buy Rating from Guggenheim
Meta Platforms (NASDAQ:META - Get Free Report)'s stock had its 'buy' rating reissued by research analysts at Guggenheim in a report released on Thursday, Benzinga reports. They currently have a $850.00 target price on the social networking…
Bank of America Forecasts Strong Price Appreciation for Meta Platforms (NASDAQ:META) Stock
Meta Platforms (NASDAQ:META - Get Free Report) had its price target raised by equities researchers at Bank of America from $810.00 to $845.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a 'buy' rating on…
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