XR Industry News
The latest news on the XR industry. Covering AR, VR, MR, spatial computing, and the most important companies and platforms in the field.
Vision Pro and Quest 3 Hand-tracking Latency Compared
Vision Pro is built entirely around hand-tracking while Quest 3 uses controllers first and foremost, but also supports hand-tracking as an alternate option for some content. But which has better hand-tracking? You might be surprised at the answer.
Vision Pro...
A Candid Assessment of the Industry From a Leading Indie VR Developer
What is happening with the VR industry? Is adoption and growth still on target to support a vibrant and diverse ecosystem of independent VR developers? Leading headset manufacturers have not been transparent in sharing any specific information, and analyst...
Quest 2 Sees Its First Loss in Share on Steam But It’s Hardly Done Growing
Since the launch of Quest 2 the headset has steadily taken over as the leading PC VR device used on SteamVR, now accounting for about one-third of all headsets being used on the platform. After a month long sales...
‘Zombieland: Headshot Fever’ Studio Raises $7M to Continue Development on XR Games
XR Games, the indie VR studio behind Zombieland: Headshot Fever (2021), announced it's secured $7 million (£5.9m), something the studio says will used to grow both its team and intellectual property as it continues to develop new XR games.
The latest funding...
Unity Plugin Aims to Streamline Haptics for VR Developers
RGB Haptics is a new Unity-based tool that aims to make it easier for developers to create and implement haptic effects in VR games.
Haptics are important in games in general, but especially in VR—because the medium gives players significantly...
VITURE Calls XREAL Lawsuit “patent-troll-style” in Escalating AR Glasses IP Battle
AR glasses maker XREAL is taking its competitor VITURE to court over a patent dispute, claiming that it's selling and/or importing units into the US that infringe on its intellectual property. Viture claims however that Xreal is using the suit...
Meta Ray-Ban Display Glasses Are Now Available, But That Doesn’t Mean Buying is Easy
Ray-Ban Display, Meta's first smart glasses with a display, are now available for sale. However, unless you're in the US and in a handful of major metropolitan areas, it's difficult to get your hands on a pair.
The News
Meta Ray-Ban...
Facebook’s Bosworth: Quest 2 Has Outsold All Oculus Headsets Combined
During an interview with Bloomberg this week, Facebook Reality Labs VP, Andrew Bosworth, said that Quest 2 has outsold all Oculus headsets combined, a significant milestone for a headset which has only been available for five and a half months.
Adding...
Hands-on: Logitech’s MX Ink for Quest Could Legitimize VR Styluses as a Whole
Over the last decade I've reported on and tested many different VR styluses, but none of them have actually caught on. But the new MX Ink stylus for Quest stands a real chance at legitimizing the VR stylus as...
‘River’ VR Accelerator Startups Showcased at Founder Field Day (part 2)
The first class of Rothenberg Ventures’ ‘River’ VR accelerator have graduated. Thirteen companies, in which Rothenberg invested a combined $1.3 million, showed off their latest work at the company’s annual Founder Field Day event. Road to VR was on the...
Dev Tool Uses Quest Hand-tracking to Quickly Model Realistic Hand Poses for VR
Grabbing objects in VR may be one of the medium's most fundamental interactions, but making it work well isn't as easy as you might think. Developers often need to spend time hand animating the hand model so that it...
Facebook’s Non-advertising Revenue ‘primarily driven by Oculus,’ up 80% to $297M
In Facebook's Q1 2020 earnings call today, the company overviewed its latest financial situation and noted that Oculus products were a major contributor to $297 million in non-advertising revenue.
While Facebook makes the vast majority of its revenue from advertising,...
Hand-tracking Pioneer Ultraleap Initiates Layoff Amid Major Restructuring
Ultraleap, the company behind the Leap Motion hand-tracking module, informed staff on Wednesday that it was proposing a layoff amid a potential restructuring of the business that could see the company split in two.
The Bristol, UK-based company acquired Leap...
HTC Invests $5 Million in VR Game Developer Steel Wool Studios
Steel Wool Studios has picked up a $5 million investment from HTC. The studio was formed in 2011 by Pixar and LucasArts alumni.
Steel Wool Studios, which today announced a $5 million Series A investment from HTC, was founded in...
Audi Co-founded VR Entertainment Startup Holoride Files for Bankruptcy
Holoride, the Germany-based startup bringing XR entertainment to car passengers, has filed for bankruptcy, citing the inability to secure its latest investment round.
In a LinkedIn post, Holoride CEO & co-founder Nils Wollny reveals the company's latest investment round "appeared secure," however...



















