Category

Virtual Reality

Meta reportedly lays off over 100 employees across AR/VR hardware and games division Virtual Reality

Meta reportedly lays off over 100 employees across AR/VR hardware and games division

Company says cuts will help teams "work more efficiently". Image credit: Meta Facebook owner Meta has reportedly cut over 100 jobs at Reality Labs, the division responsible for its virtual reality and augmented reality software and hardware, including Quest. The news was initially reported by The Verge, whose sources said…
bubmag
April 25, 2025
Meta Lays Off an Unspecified Number of Virtual Reality Division Employees: ‘Deeply Saddened’ Virtual Reality

Meta Lays Off an Unspecified Number of Virtual Reality Division Employees: ‘Deeply Saddened’

Meta is downsizing its virtual reality division. Meta confirmed to The Verge on Thursday that it had laid off an undisclosed number of employees in its virtual reality and hardware unit, Reality Labs. The layoffs impacted teams working on games for Meta's Quest virtual reality headsets and the division that…
bubmag
April 25, 2025
Virtual Reality Therapy Shows Promise for Paranoia Virtual Reality

Virtual Reality Therapy Shows Promise for Paranoia

MADRID — Virtual reality (VR)–based cognitive behavioral therapy (CBT) may be an alternative treatment option for patients with paranoia based on results of a new randomized, controlled trial. The Face Your Fears study compared VR-CBT with regular CBT in patients with schizophrenia spectrum disorder, schizotypal disorder, or other psychoses. Investigators…
bubmag
April 23, 2025
Motorsport Games secures $2.5m investment from VR firm Pimax Virtual Reality

Motorsport Games secures $2.5m investment from VR firm Pimax

Funding will support future product development and improving company's cash position Image credit: Motorsport Games Le Mans Ultimate developer Motorsport Games has secured a $2.5 million investment led by virtual reality company Pimax. The funding will support Motorsport Games in accelerating future product development, in addition to improving its cash…
bubmag
April 17, 2025
The Rise Of AI-Intuitive Leadership Virtual Reality

The Rise Of AI-Intuitive Leadership

Nathalie Virem is president and chair of the Nathalie Virem Foundation, a philanthropic visionary and entrepreneurial thought leader. While expertise, experience and evidence-based decision-making are important parts of leadership, they no longer ensure success. The rise of automation, real-time data analytics, virtual reality (VR) and AI is changing how CEOs…
bubmag
April 2, 2025