VR

Bank of America Uses Virtual Reality for Training Over 200,000 Staffers
Bank of America Uses Virtual Reality for Training Over 200,000 Staffers
July 13, 2023  |  Metaverse

Bank of America is using digital tools to prepare employees for real-world situations. The bank is using the latest in artificial intelligence (AI), virtual reality (VR)...

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Apple Reportedly Slashes Vision Pro Glasses Production Forecast
Apple Reportedly Slashes Vision Pro Glasses Production Forecast
July 03, 2023  |  Apple

Apple has apparently scaled back its production forecast for its mixed-reality headset amid manufacturing troubles. Also on hold: plans for a more affordable version of...

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Report: Apple Acquires AR Headset Maker Mira
Report: Apple Acquires AR Headset Maker Mira
June 06, 2023  |  Apple

Apple has reportedly acquired augmented reality (AR) headset maker Mira. The tech company retained at least 11 employees from the acquired firm, The Verge reported Tuesday (June 6), citing...

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Virtual Reality Industry Excitement Said to Hit ‘Fever Pitch’ Ahead of Apple Launch
Virtual Reality Industry Excitement Said to Hit ‘Fever Pitch’ Ahead of Apple Launch
June 04, 2023  |  Metaverse

Will Apple’s planned mixed-reality headset lead to a virtual reality (VR) funding renaissance? That’s the hope of startups in the VR space, according to a Sunday (June...

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Meta Looks to Launch AR Partnership With Magic Leap
Meta Looks to Launch AR Partnership With Magic Leap
May 21, 2023  |  Meta

Meta is reportedly pursuing a partnership with augmented reality (AR) firm Magic Leap. According to a Saturday (May 20) report by the Financial Times citing unnamed sources, the...

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Meta and BMW Seek to Solve In-Car VR
Meta and BMW Seek to Solve In-Car VR
May 17, 2023  |  Connected Economy

Meta and BMW say they’ve made a breakthrough in their car-based virtual reality project. The two companies on Wednesday (May 17) announced an update to their partnership, formed in 2021,...

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Meta Horizon Worlds Adds Controls as It Lowers Age Requirement
Meta Horizon Worlds Adds Controls as It Lowers Age Requirement
April 18, 2023  |  Metaverse

Meta is lowering the age requirement for entry to a virtual reality (VR) platform. Previously limited to those 18 or older, Meta Horizon Worlds will...

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Virtual Malls Give Merchants Low-Cost Way to Reach Consumers
Virtual Malls Give Merchants Low-Cost Way to Reach Consumers
March 28, 2023  |  Metaverse

The metaverse is expected to open up a world of opportunities for businesses and is projected to generate up to $2.6 trillion in commerce volume...

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How Facebook Turned the Metaverse Into a Buzzword
How Facebook Turned the Metaverse Into a Buzzword
March 27, 2023  |  Metaverse

It all started with a cat and a baby. In 1959, neurophysiologists David Hubel and Torsten Wiesel conducted an experiment on an anesthetized cat to...

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