Meta today announced a $50 million fund to incentivize the creation of new and improved content in Horizon Worlds, the company’s first-party social gaming platform. The move comes as many seasoned studios that build self-contained VR apps for the Quest platform are struggling to sustain themselves due to what Meta says is a shifting demographic of headset users.
Niantic, the company behind Pokémon Go (2016), is reportedly in talks with Saudi Arabia-owned Scopely to sell its gaming division.
Meta announced its annual Connect developer conference is returning this year on September 17th-18th. While it’s probably still too early to speculate, there are a few things we’re hoping to hear about.
The year’s first VR Games Showcase is getting ready to kick off, coming March 11th and promising a load of VR game reveals, updates and new trailers.
Toast Interactive, VR veteran studio behind Richie’s Plank Experience (2017) and Max Mustard (2024), announced it’s closing office and laying off a majority of staff.
AWE USA 2025 is set to include speakers from some of the biggest names in the XR industry, including Oculus & Anduril founder Palmer Luckey, along with Jason Rubin—one of the only remaining early Oculus executives—who is presently Meta’s Vice President of Metaverse Experiences. Also on the roster is Vicki Dobbs Beck, the vice president of ILM Immersive, the studio behind XR adaptations of Star Wars, Marvel, and more.
3R Games, the studio behind Thief Simulator VR: Greenview Street (2022), revealed the game has sold over 310,000 units on Quest alone.
Embracer Group, the media conglomerate behind a host of game studios, announced in a recent financial report that Metro Awakening (2024) “underperformed” financial expectations.
Into the Radius 2, sequel to the popular post-apocalyptic shooter, is coming soon to Quest 3 in early access.
Onward (2020), the tactical mil-sim shooter from Meta-owned Downpour Interactive, is getting a big 2.0 update soon. It’s been a long time coming too, as the game’s last major update was nearly one year ago.
Steel Wool Studios announced the release date of Five Nights at Freddy’s: Secret of the Mimic earlier this week, coming to PS5 and PC on June 13th. While the game was previously shown on PSVR 2, the studio has now removed any mention of PSVR 2 support, which is raising some eyebrows.
