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.
Meta CTO: 2025 is a ‘Make or Break’ Year for Meta’s XR Ambitions, Internal Memo Reveals
Meta CTO Andrew Bosworth released an internal memo to employees, stating 2025 is going to be "the most critical year" for the company's XR efforts yet, Business Insider reports.
Titled "2025: The Year of Greatness", the memo (seen below) largely takes...
Meta’s VP of XR is Departing the Company Citing Family Health Concerns
Meta's VP of XR, Mark Rabkin, is departing the company after leading its XR efforts for more than four years. Rabkin cites family health issues as the primary driver for his departure.
Today Mark Rabkin announced his plan to leave...
‘Metro Awakening’ Studio Vertigo Games Sells Off VR Arcade Content Platform SpringboardVR
Vertigo Games, the studio behind the Arizona Sunshine series and Metro Awakening (2024), announced it's sold off SpringboardVR, the location-based entertainment (LBE) VR content distribution platform.
Vertigo Games acquired SpringboardVR in 2021, announcing at the time it was looking forward to "leading SpringboardVR into...
Mindshow Unveils Enterprise Virtual Production Suite for XR Animation, Former Hulu Executive Signs on as COO
Mindshow, the real-time CG animation company, unveiled its virtual production platform for enterprise partners looking to use XR headsets to speed up the animating process. The company additionally announced the appointment of David Baron as Chief Operating Officer, a...
Meta Reality Labs Saw Record Quarterly Revenue in Q4 2024, But Also Record Costs
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.
Meta's Reality Labs division houses its metaverse and XR groups, and some...
VR Veteran Fast Travel Games Announces Layoffs, Citing Lower Than Expected Sales in 2024
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.
The studio says affected include...
Google Acquires Vive Engineering Talent for $250M, Raising Questions About HTC’s Next Move
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."
Google’s announcement of Android XR last month represents a critical shift...
Snap Makes Spectacles AR Glasses More Affordable for Students & Teachers
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.
Initially released in September 2024, the company's fifth-gen Spectacles...
Samsung Shows First Glimpse of Near-final Android XR Headset, But No Controllers Yet
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.
We went hands-on with Moohan at the headset's unveiling last...
Meta Reportedly Plans Smart Glasses with Display, Targeting 2025 Release at Premium Price Point
Even with onboard AI, Ray-Ban Meta Smart Glasses aren't as smart as they could be, since the glasses lack any sort of display for doing simple tasks, like reading incoming messages. Now, a report from Bloomberg's Mark Gurman maintains...
Google Responds to Developer Concerns About Long-term Commitment to Android XR
Google's announcement of Android XR last month was largely met with excitement, but there was a notable undercurrent of concern about Google's long-term commitment to the platform. The company has a storied history of launching new products and platforms,...
35% of All Game Developers Are Building for XR, According to GDC Industry Survey
Despite industry woes, XR development has largely stayed consistent, according to the annual Game Developer Conference (GDC) State of the Game Industry Survey, noting that 35% of developers who responded are building for XR.
The San Francisco-based conference is a...
Oculus Founder Teases XR Announcement Coming “in a few weeks”, Possibly Pointing to Military-driven Headset
Oculus founder Palmer Luckey is announcing something in a few weeks, which he says will prove he isn't out of the 'XR game'.
Luckey confirmed back in June he's building a new XR headset, although the device in question seems to be...
Shuhei Yoshida, Industry Veteran & Main Figure Behind PSVR, Departs Sony
Shuhei Yoshida (aka 'Shu') has left Sony, closing a near 32-year chapter of his life with the company.
Yoshida announced he was leaving Sony back in November, setting his retirement date for January 15th, 2025. Now, the one-time President of...
Meta & Plessey Announce Super Bright, High-efficiency Red MicroLED: an Important Piece in All-day AR
Meta announced in 2020 it was working with UK-based AR display maker Plessey, which was tapped to provide Meta with AR displays over the course of multiple years. Now the companies have announced they've developed what they're deeming "the...




















