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HTC’s Revenue Stabilizes as XR Pioneer Pins Hopes on AI, Smart Glasses and Enterprise

HTC’s XR Ambitions Take Flight as Revenue Hits a Stability Milestone In a welcome sign of resilience in the ever-competitive world of extended reality (XR), Taiwan-based tech giant HTC has announced a stabilization of its revenue, marking a crucial step towards recovery for the company. With a consolidated revenue of NT$292 million (~$10 million) for […]

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VR Design Unpacked: Why ‘Embodiment’ is More Important Than ‘Immersion’

The Evolution of Embodiment in VR: Why Synapse Pioneered a New Standard In a landmark development that’s been redefining the boundaries of virtual reality (VR) game design for years, nDreams’ Synapse has been hailed as a masterclass in crafting immersive experiences that transport players into the heart of the action. Released three years ago on

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Xbox CEO amidst layoffs: ‘I think our core has to be healthy’

Xbox’s Radical Overhaul: A Healthy Core is Key to Survival In a bombshell move that sent shockwaves through the gaming industry, Xbox CEO Asha Sharma acknowledged that her company’s core business has “weakened” in recent years. To turn things around, Sharma outlined a bold plan to revamp Xbox’s business model and refocus on its core

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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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