Author: XR Today

Following a period of revenue losses, Meta’s XR research and development division, Reality Labs, documented record profits, as highlighted during the Menlo Park firm’s fiscal year earnings call.The call announced that Reality Labs secured roughly $1 billion during the closing three months of 2023. While the Reality Labs division did lose $4.65 billion across the entirety of 2023, the previous months forecast a potential upward trend, which may also uptick further thanks to Apple’s splash in the XR market.CEO Mark Zuckerberg said:Reality Labs crossed $1 billion in revenue in Q4 for the first time, with Quest having a strong holiday…

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We are proud to announce the launch of our new XR Today Community Group, a LinkedIn-based platform bringing together the top leaders and voices in the extended reality market.   The platform will provide a digital space for the broad XR community to share the latest enterprise updates and connect with other community members.  Connections in the XR market are incredibly valuable as the industry is set to skyrocket, and XR Today is proud to host a digital hub to boost careers and foster relationships.   David Dungay, Editor in Chief of XR Today, added: Bringing together the extended reality community is greatly important to XR…

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With the debut of Vision Pro and spatial computing hitting the mainstream, audiences could reasonably assume that firms with established XR projects and products, such as Microsoft or Snap, would re-establish their investments in XR.However, it appears that despite using the spatial computing term before Apple, Microsoft is dropping more support for Windows Mixed Reality – a framework for enabling consumer-based desktop-powered MR experiences.Recent reports highlight how, in its most recent Windows 11 24h2 update, Microsoft is removing some support frameworks for its MR hardware and software portfolio.The update sees Windows Mixed Reality hit the firm’s “Deprecated Features” list, which…

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This week, XR leaders around the world are uniting at the Enterprise Metaverse Expo 2024, held in Florida from February 13th to 15th, providing a perfect opportunity for immersive industry experts, XR tech vendors, and visionaries to untie to explore enterprise-ready metaverse solutions and opportunities.During this event, attendees can expect to gain valuable insights from industry leaders via invaluable keynotes, delving into the transformative potential of the Metaverse on business and society.Additionally, Enterprise Metaverse Expo 2024 attendees can explore virtual showcases and hands-on demonstrations highlighting the latest enterprise-ready Metaverse technologies.The event aims to provide deep insight into the AR/VR/MR industry…

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With the holiday period fast approaching, if XR audiences expected a lull in updates and announcements from significant technology leaders, they would be wrong.This week proved to be a dark horse regarding announcements; with CES just around the corner, major XR firms are readying up for 2024. It appears that 2024 will be a landmark year for XR. With the impending rise of the rebranded industrial Metaverse and the potential mainstream adoption of MR headsets, XR may finally reach its breakthrough moment outside the gaming market.On the other hand, as market competition rises, pressure also increases. Major firms like Apple…

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What is Meta Quest?It might sound like an unusual question in a world where the adoption of virtual reality and extended reality solutions is exploding.As of 2023, around 171 million people are using VR headsets worldwide. Most people have already heard of both “Meta”, the world-leading technology company, and the “Quest” line of VR headsets.However, there are still plenty of people confused about what “Quest” actually is. After all, while Meta might be a giant in the extended reality landscape today, it’s still a relatively “new” brand.If you’re confused about the Quest product line, this complete guide should answer all…

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This week, during an online speaker session, which included XR end-users and solutions providers, The VRAR Association (The VRARA) spoke on the real-world effectiveness of Meta’s recently launched business-ready headset management service.  The leading XR hardware and software vendor debuted Meta Quest for Business in November following a previous iteration and beta testing stages. However, following a lacklustre push towards workplace XR by way of the Pro headset, Meta is revamping its XR portfolio as an inclusive tool for harnessing the much-hype industrial Metaverse. While Meta officials like the CEO Mark Zuckerberg and President of Global Affairs Nick Glegg assure that…

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This past weekend, the Meta Quest headset lineup – which includes VR and MR devices – gained a significant productivity tool in new Microsoft Office 365 applications ready for spatial computing environments.The service debuted on Meta’s headset portfolio following anticipation after its announcement at Connect 2022. Microsoft is distributing its Office Word, Excel, and Powerpoint services on the Quest digital storefront for free on all models of the Quest headset – including the Quest Pro, a device for enterprise usage.Microsoft’s applications are ready for VR and MR environments – depending on a user’s preferred headset. Moreover, the free services are…

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The holidays are here… What a year for XR. Between ups and downs, the industry and its leading firms fought through a crashing technology market introduced in 2023, where many XR firms and other related digital solutions providers suffered greatly due to a lack of capital and investments.2023 saw many XR giants crumble. Notably, firms such as AltspaceVR and Pico suffered during the year. However, on the flip side, others prevailed and relaunched XR into the stratosphere – painting 2024 as a pivotal year for the emerging space.Firms like Microsoft, Meta, AWS, NVIDIA, and countless others are elevating workplace XR…

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In 2024, VR headset trends aren’t just impacting consumers; they’re also helping to shape the future of immersive work and the enterprise metaverse. In recent years, virtual reality has proven to be a valuable tool for companies in all industries.Cutting-edge headsets are redefining collaboration in the age of remote and hybrid work, opening the door to faster product development and even transforming customer service. By 2032, experts predict the market for VR headsets will be worth an incredible $142.5 billion, and countless companies are discovering the benefits of the immersive revolution.Whether you’re planning on investing in VR headsets for the…

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