Author name: vrnewsdan

Why One of VR’s Most Valuable Companies is Shutting Down, According to Top Creator

Social VR platform Rec Room, once valued at $3.5 billion, announced earlier this week that it will be shutting down in June. The studio says it never quite figured out how to turn a profit, though top avatar creator blueasis maintains the story is a bit more complicated. If you’ve ever seen t…

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‘Moss’ Developer Polyarc Lays Off Two-Thirds of Studio Following “major project” Cancellation

Polyarc, the studio behind VR puzzle-platformer series Moss, announced it’s significantly reducing the size of the company, marking another VR pioneer currently experiencing existential turmoil. The studio released word via a LinkedIn post on Tuesday, noting that layoffs come amid an “u…

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Meta Inches Into Health Wearables with New Food Logging Feature for Ray-Ban Smart Glasses

Meta announced it’s pushing an update to Ray-Ban and Oakley Meta smart glasses that’s slated to make nutrition tracking easier by letting Meta AI visually suss out food before you eat it. The News Over time, the company says that a user’s food log will inform “increasingly p…

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