Reality Labs posted another exuberant quarterly loss, but it would be strange if it actually made money at this stage. Meta's free-spending AR, XR and metaverse division, which houses its Quest business and is reportedly putting employees through the wringer–lost $4.4 billion in the third quarter. The company formerly known as Facebook said it expects … Read more
Bloomberg Law reports that Ubisoft is being sued for allegedly sharing player data from its titular store and subscription service Ubisoft+ with Meta. In the suitClaimants Trevor Lakes and Alex Rajjoub claim they became aware of the data sharing when they individually purchased or downloaded games from the developer's website. In these cases, they also … Read more
During his latest Connect event, Half has unveiled a new headset: the Quest 3S. Due out October 15, the device is billed as a low-cost entry into the world of virtual reality at $300 (for 128GB) or $400 (for 512GB). For comparison, the original Mission 3 AND Pro Search headphones respectively launched at 500 dollars … Read more
What can we say about Reality Labs at this point? The struggling AR, XR, and Metaverse division continues to double as a cash-hungry furnace within parent company Meta. The company lost $4.5 billion in its second quarter ended June 30, 2024. That's significantly higher than the $3.7 billion loss it posted in the same period … Read more
Second Android CentralDeveloper Ready at Dawn no longer exists. The elimination of the study was reportedly done to maintain the equally struggling Reality Labs within the new budget constraints. A Meta representative also told the outlet that these cuts did not herald a broader elimination for its first-party studios. Ready at Dawn was founded in … Read more