Tired: VR; Wired: MR

by Omid Rahmat

No matter how you slice it, Meta is subsidizing every VR headset it sells to the tune of 4 to 6 times the revenue it generates. That’s so crazy that you have to think …

Tags:Apple| Augmented Reality| meta| Mixed Reality| Oculus VR

ByteDance May Have a Thing to Say About VR With Pico

by Omid Rahmat

TikTok’s parent comapny, China’s ByteDance, owns a VR headset company, Pico, and despite the pressures that bear down on the company from western regulators, it is not backing away from a fight with Meta …

Tags:HMDs (Head Mounted Displays)| meta| Pico| VR

SK Hynix and LG Displays to Make MicroOLEDs for Meta

by Omid Rahmat

The social media giant will be designing the chips to be manufactured as part of its ongoing investment in the mixed reality displays. The expected timing for all this is 2025 to 2026. According …

Tags:Apple| Augmented Reality| LG Display| meta| Qualcomm| SK Hynix| XR

FTC Denied in VR Merger Case with Meta

by Omid Rahmat

On July 25, 2022, Meta Platforms, Inc. (“Meta”) filed a petition to recuse Chair Lina M.Khan from participating in any decision concerning the Commission’s review of Meta’sproposed merger with Within Unlimited, Inc (“Within”). Meta …

Tags:meta| oculus| VR

Meta’s Reality Labs Lost $13.7 Billion in 2022

by Omid Rahmat

The company’s 2022 results has gotten the financial analyst tribe back on board especially as Mark Zuckerberg touted 2023 as the “year of efficiency.” Nevertheless the Meta Reality portion of the company continues to …

Tags:Financial Data| meta| Oculus VR

AR/VR/XR: Pick One, Any One

by Omid Rahmat

Apple is a multi-trillion dollar company. You have to let that sink in for a while because if that doesn’t cause you anxiety, nothing will. It also happens to have a billion loyal customers. …

Tags:Apple| Augmented Reality| HMDs (Head Mounted Displays)| meta| oculus| VR| XR