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.
Meta retreats from metaverse after virtual reality check
Imagine changing your popular brand to capitalize on an emerging tech trend that never emerged. Mark Zuckerberg did just that, and now Meta is backing away from the virtual reality business in which it invested billions. In 2025, Meta's Reality…
Meta's VR Meeting Rooms for Work Will Shut Down Next Month
Meta's Horizon Workrooms, the virtual reality platform for business meetings, is set to shut down next month. First launched in 2021, before Facebook rebranded as Meta, Horizon Workrooms introduced a virtual space where colleagues could meet when…
Ericsson announces proposed job cuts
Ericsson has proposed staff reductions in Sweden, adding to job cuts in the global tech sector. Multinational networking and telecoms company Ericsson is looking to reduce its staff by 1 600 positions in its home market Sweden. This, as part of…
This AI startup says it's becoming less dependant on humans to train its robot
AI is taking another job from humans — training robots. Tesla rival 1X launched a new AI model on Monday that the OpenAI-backed startup's CEO said would allow the company to move away from using humans to train its humanoid robot, Neo.
Apple Picks Gemini For Siri, More Meta VR Cuts, Higgsfield AI Snares $130 Million, Xreal Grabs $100 Million
Google's Gemini Wins Apple AI Partnership. Google is also going to be on your iPhone, and on TV. Voice is the new operating system. Geolocation, outward facing cameras, AI with a semantic understanding of the world and a continuous connection to…
AI-related layoffs keep coming. But there's more to the story
In 2025, employers cited artificial intelligence as the rationale for nearly 55,000 layoffs at companies like Amazon and Microsoft. And with the new year barely underway, we're already seeing a new crop of AI -related job cuts. Citigroup is cutting…
Say goodbye to Horizons VR for business
Meta Horizon Workrooms will be shut down from February 16, 2026 Businesses didn't seem to be using Quest headsets for VR meetings Meta Quest commercial headsets are also being pulled – consumer versions remain Meta is pulling the plug on its…
ALSTOM S.A: Alstom to provide New Subway Train (NST) fleet for Toronto's subway
Alstom will manufacture 70 state-of-the-art, six-car Metropolis metro trains for the Toronto Transit Commission (TTC) The agreement, valued at 2.3 billion CAD (approx. 1.4 billion euros), includes New Subway Trains to replace the fleet on Toronto's…
Your Brain Knows Which Locations Will Make Memories Stick-Even Before Anything Happens There
People have long associated memories with locations, mentally walking through childhood homes, retracing familiar streets, or constructing imagined “memory palaces” to keep facts from slipping away. Now, a new neuroscience study…
2026 tech company layoffs
This tracker follows significant layoffs in the tech and IT industry and the economic, technological and geopolitical factors influencing those layoffs. In 2025, layoffs shifted from correcting for over hiring during the COVID-19 pandemic to…
The best karaoke spots in Hong Kong to sing your heart out
Japanese Causeway Bay price 1 of 4 Cosmos is Hong Kong's first-ever karaoke lounge that combines the casual vibes of a cafe with full-on karaoke. KTV usually entails a night of loud music and even louder singing, but here, things work a little…
Will Google be third time lucky with new, AI-powered smart glasses?
It has been over a decade since Google Glass smart glasses were announced in 2013, followed by their swift withdrawal – in part because of low adoption. Their subsequent (and lesser known) second iteration was released in 2017 and aimed at…
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Sunny Optical Technology (Group) (OTCMKTS:SNPTF) Share Price Crosses Above 50-Day Moving Average - Here's What Happened
Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF - Get Free Report)'s share price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $8.64 and traded as high as $8.7590.
Woodson Capital Management LP Trims Position in Unity Software Inc. $U
Woodson Capital Management LP lessened its position in Unity Software Inc. (NYSE:U - Free Report) by 42.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 575,000…
Vuzix (NASDAQ:VUZI) Shares Pass Above Fifty Day Moving Average - What's Next?
Vuzix Corporation (NASDAQ:VUZI - Get Free Report)'s share price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $2.94 and traded as high as $3.44. Vuzix shares last traded at $3.31…
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