Following this week's news that AltspaceVR, one of the first social VR platforms, is shutting down, Oculus founder Palmer Luckey, who is no longer with the company, queried the community to ask if he should seek to save AtlspaceVR...

This evening AltspaceVR has announced it will be closing its doors for good on August 3rd. Founded in 2013, the social VR platform was one of the first to come online and connected tens of thousands of users monthly...

New York City’s Deputy Mayor for Housing and Economic Development, Alicia Glen, recently announced the selection of NYU Tandon School of Engineering to “develop and operate” the “first government-funded” VR/AR hub for education, training, research, investment and business creation...

The six week Oculus Rift sale has made tangible waves within the VR community with its 'best-yet' $400 price point. And while the new price is bringing more early adopters into the fold, mainstream adoption is still hindered in...

WaveOptics, a UK-based firm involved in designing and engineering optics for augmented reality, has today announced a successful series B funding round amounting to £12.0m ($15.7m). Investors include Touchstone Innovations, Robert Bosch Venture Capital GMBH, Octopus Investments, and Gobi...

nDreams, creators of The Assembly and publishers of the upcoming brawler Bloody Zombies, have completed an additional £2 million investment with Mercia Technologies, and £700,000 from private investors to create more VR games. In addition, nDreams has signed a deal to bring exclusive new...

The latest release of Unity, version 2017.1 now officially supports NVIDIA's VRWorks rendering tech. VRWorks contains a number of rendering features unique to the company's GPUs which are designed to improve performance in VR applications. Update (7/13/17):  After several months...

inXile Entertainment, the studio behind The Bard's Tale franchise including VR dungeon crawler The Mage's Tale (2017), today announced they've raised a combined investment of $4.5M intended for equity in the company and as funds to develop an unannounced open world survival RPG VR game. Investment...

We're all waiting for the day when you can put on a singular, tether-free headset and experience all the 'R's that VR/AR/MR have to offer—and NormalVR, a "small but focused" group of passionate immersive media creators just gave us a peek...

Oculus had talked much about 'Hand Presence' with the launch of their Touch VR controllers last year, but few games have implemented the controllers in such a way that truly deliver on that promise. Combined with Touch, Lone Echo's impressive...

The Finnish and Chinese companies today signed a cross-licensing patent deal ‘focused around the data center’, according to a CNBC report. This will allow Nokia and Xiaomi to develop new products, as they look to collaborate further in areas...

In March 2016, Oculus announced their Oculus Launchpad program with the idea that in order for VR to be successful, then there needs to be a diverse range of content created from diverse set of creators who are informed...

According to a report from Polygon, augmented reality company CastAR is heading for a shutdown, laying off staff from the Palo Alto headquarters and its internal AR software development studio in Salt Lake City. CastAR’s consumer hardware was due...

AxonVR was awarded US Patent No. 9,652,037 of a "whole-body human-computer interface" on May 16th, which includes an external exoskeleton as well as a generalized haptic display made out of microfluidic technology. I had a chance to demo AxonVR's...

The virtual reality industry is poised for a transformative five years. While consumer VR equipment is still cost prohibitive for many, location-based 'VR arcade' businesses offer a chance for consumers to experience high-end VR equipment without a big up-front...