IO Interactive closing Istanbul studio after regaining control of Project Fantasy

IO Interactive’s Istanbul Studio Shuttered as Xbox Funding Dries Up In a move that’s sending shockwaves through the VR community, Danish developer IO Interactive (IOI) has announced it will be closing its Istanbul studio. The decision comes on the heels of Xbox pulling funding for Project Fantasy, an ambitious online RPG that had been in […]

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Smart Contact Lenses Move Closer to Reality as XPANCEO Expands JBD Display Partnership

The smart contact lens revolution is gaining momentum as XPANCEO, a Dubai-based startup, expands its partnership with China’s JBD to co-develop micro-displays for consumer smart contacts. This groundbreaking collaboration brings us one step closer to making augmented reality experiences wearable and accessible to everyone. The tiny displays that JBD has been perfecting are already impressive

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Report: Obsidian losing around one quarter of its staff to ‘Xbox reset’

The VR world is always on the lookout for the next big thing, but sometimes it’s the behind-the-scenes stories that are just as fascinating. A recent report from GameDeveloper.com has shed light on a major shake-up at Obsidian Entertainment, one of the most beloved and respected VR game developers out there. The studio, known for

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The XR Week Peek (2026.07.06): Samsung smartglasses leaked, Meta introduces a subscription for its glasses, and more!

Samsung Smartglasses Leaked, Meta Introduces Subscription Model for Ray-Ban Meta Glasses, and More! In a major development that’s got VR enthusiasts buzzing, a series of leaks has revealed more about Samsung’s upcoming smartglasses. But that’s not all – we’ve also learned that Meta is introducing a subscription model for its popular Ray-Ban Meta glasses, which

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Ingress developer Niantic Spatial shuttering New Zealand office

Niantic Spatial, the pioneering developer behind the beloved augmented reality game Ingress, has announced a significant shift in its operations. The company is shutting down its office in New Zealand, laying off an undisclosed number of employees, and refocusing on enterprise markets at the expense of video games and entertainment. This move marks a seismic

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Xbox cutting 3,200 jobs and parting ways with Double Fine, Compulsion, Ninja Theory, and Undead Labs

Xbox’s Bold Reboot: Major Studio Cuts and Leadership Shake-Up In a move that sends shockwaves throughout the gaming industry, Microsoft has announced the largest restructuring in Xbox history, eliminating 3,200 jobs across its video game division by the end of the current fiscal year. The cuts are part of a broader effort to course correct

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EVE Online’s cross-platform game engine framework is now fully open source

Imagine having access to the very technology that powers one of the most immersive and vast virtual worlds ever created – EVE Online’s sprawling persistent universe. Well, that’s exactly what’s just happened as Fenris Creations (formerly CCP Games) has open-sourced its cross-platform game engine framework, Carbon, making it available for developers, players, and researchers to

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Veteran VR Shooter ‘Hot Dogs, Horseshoes & Hand Grenades’ Finally Leaves Early Access

The highly-anticipated VR shooter, Hot Dogs, Horseshoes & Hand Grenades (H3VR), has finally left early access after a staggering 10-year journey on Steam. On July 4th, developer Rust Ltd released the game’s 1.0 update, marking a major milestone for this beloved VR community-driven project. The game’s evolution over the years is nothing short of remarkable.

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