Meta Reality Labs Saw Record Quarterly Revenue in Q4 2024, But Also Record Costs

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Meta CEO Mark Zuckerberg wearing Quest 3 | Image courtesy Meta

In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as before, this coincides with equally growing costs.

‘Demeo’ Studio Announces Official Dungeons & Dragons Version of Hit VR Tabletop Strategy Game

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Resolution Games, the studio behind XR fantasy board game Demeo (2021), announced they’re releasing a Dungeons & Dragons game in the same vein, called DEMEO X DUNGEONS & DRAGONS: BATTLEMARKED.

VR Veteran Fast Travel Games Announces Layoffs, Citing Lower Than Expected Sales in 2024

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Image courtesy Fast Travel Games

Fast Travel Games, the Stockholm-based developer and publisher behind a host of VR titles, announced they’re laying off 30 employees, which the VR veteran studio says is a direct result of lower-than-expected sales in 2024.

VR Publisher VRAL Acquires 30% Stake in Studio Behind VR Shooter ‘EXOSHOCK’

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Image courtesy VRAL Games, PolarityOne

Miami-based VR publisher VRAL Games announced it’s acquired a 30% stake in PolarityOne, a Seattle-based indie studio developing the upcoming co-op VR shooter EXOSHOCK.

‘Path of Fury’ Preview – A VR Beat-’Em-Up That Packs a Nostalgic Punch

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Image courtesy Leonard Menchiari, Abonico Game Works

Path of Fury – Episode I: Tetsuo’s Tower is an upcoming combat sim that’s all about punching your way through gangsters while making a one-way trip through the ’80s-inspired underworld. We went hands-on with the first two levels ahead of its March 13th release on Quest, so read on to find out more.

Upcoming VR Flight Combat Sim ‘Aces of Thunder’ Expected to Launch This Year

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Image courtesy Gaijin Entertainment

Gaijin Entertainment, the studio behind War Thunder (2013), announced that its upcoming aerial VR combat game Aces of Thunder is headed to PSVR 2  and PC VR headsets sometime this year.

‘Superhot VR’ Spiritual Successor ‘COLD VR’ Gets New February Launch Date

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COLD VR was supposed to launch on January 21st, but was delayed last minute by developer ALLWARE and publisher Perp Games, which maintained it still needed a little more polish. Now the studios have announced the game’s new, definitive launch date: February 11th.

Pioneering VRMMO ‘OrbusVR’ is Shutting Down in April, Removed from Stores Next Month

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Image courtesy Orbus Online

OrbusVR (2019), the MMORPG for VR headsets, is shutting down, with creator Orbus Online stating it will stop sales on all platforms starting next month and shut down servers completely in April.

Meta Reportedly Working on a High-end Quest Pro Successor Alongside Quest 4

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Meta Quest Pro | Image courtesy Meta

Meta Quest Pro wasn’t really the prosumer hit it was chalked up to be, leading the company to discontinue its first mixed reality headset a little over two years after release. Now Bloomberg’s Mark Gurman reports Meta is not only working on an ostensible Quest 3 consumer follow-up, but also a “high-end” model that could succeed Quest Pro.

Meta is Experimenting with a Home Theater Environment for Quest’s Horizon OS

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Image courtesy Bigscreen

Meta already has a way to watch your own content on Quest, although browsing through a file system and viewing on a windowed panel is decidedly less immersive than a proper home theater. Now the company says it’s experimenting with the idea.

Sony Shares PSVR 2’s Most Downloaded Games of 2024

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Image courtesy Sony

Sony released its annual wrap-up of top downloads across its various PlayStation platforms for 2024. And while there hasn’t been a lot of movement in comparison to PSVR 2’s first year, we can’t really say we’re particularly surprised at the outcome.

Google Acquires Vive Engineering Talent for $250M, Raising Questions About HTC’s Next Move

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Image courtesy Google

Google has acquired a number of HTC’s XR engineers for $250 million, something the company says will “accelerate the development of the Android XR platform across the headsets and glasses ecosystem.”

Snap Makes Spectacles AR Glasses More Affordable for Students & Teachers

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Image courtesy Snap Inc

Snap, the company behind Snapchat, is making its latest Spectacles AR Glasses more affordable to students and teachers with a new educational discount that cuts the $1,200 launch price in half.

Samsung Shows First Glimpse of Near-final Android XR Headset, But No Controllers Yet

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Samsung Project Moohan | Image courtesy The Verge

Samsung Unpacked didn’t have any big XR revelations this year, although the South Korean tech giant has finally shown off the near-final version of its Android XR headset, codenamed Project Moohan.

‘Fitness Fables’ is a Heart-pumping Workout & Fantasy Action Mash-up, Coming to Quest This Month

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Poland-based indie Immersion Games are getting ready to launch their next title later this month, which puts a fantasy gameplay twist on some tried and true VR fitness mechanics.

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