Facebook is expected to announce its fourth-quarter earnings soon and analyst are expecting that the company will deliver a better than expected report. The company is also expected to boost its revenue this year through the expansion of its video advertising, Instagram, and Oculus RIft.
Tags: Oculus Rift
Unity said to be in talks to raise funds valued at $1.5 billion
Unity Technologies, a creator of gaming software, is reportedly in negotiations to raise funds, which could value Unity at $1.5 billion.
Crytek Applies a “Pay What You Want” Business Model to its New VR-Enabled Game Developing CryEngine V
Crytek’s new VR-enabled game development engine, the CryEngine V, will be available for a price that “feels comfortable” in the company’s new “Pay What You Want” business model. Users can buy resources from the engine’s new Marketplace system and also choose to contribute to the company’s new program to help indie projects around the world.
Samsung Gear VR Enables Connection and Video Sharing in Facebook
Owners of Samsung Gear VR can connect the headset to their Facebook accounts. Starting next week, users will be able to like and share 360-degree video from inside the VR headset.
SuperData trims 2016 outlook for Virtual Reality Sales
SuperData Research reduced its 2016 virtual reality revenue outlook by 30%. The company expects to sell 16.8 million mobile VR instruments within 2016 end.
Latest News
Palmer Luckey, founder of Oculus Rift company have to stand in court in a lawsuit against him. The plaintiff is Total Recall Technologies that accused the 23-year old to use its data illegally.
Oculus VR founder Palmer Luckery said he is sorry for misleading consumers into believing that the Oculus Rift only costs $350, when it is really priced at almost $600.
Oculus Story Studio has released a new virtual reality movie for the Oculus Rift featuring a charming quill-covered animated character, Henry the hedgehog.
PlayStation VR releases soon and includes multiple VR platform titles to boot plus Omega Agent from Fireproof Games during product launch on 2016. Until Dawn from Supermassive Games, however, is not joining the product debut.
The Oculus Rift is expected to have a higher price tag than the estimated $350. Despite still being several months away from its actual launch, the Oculus Rift is already making headlines.
Early next year, everyone may expect a big change in virtual reality world. HTC Vive, Oculus Rift, and Playstation VR are set to bring that change, so better watch out for it!
Japanese tech giant, Sony, has introduced its latest innovation, Project Morpheus. It is a virtual reality headset designed for PlayStation 4.
Sony's upcoming gaming device, dubbed as "Project Morpheus", is nearing its mainstreanm release next year. Here are a few updates on the device's specs, and development.
Oculus' virtual reality gadget The Vive has been formally launched during the E3 conference, but experts are still concerned if the equipment is ready for public use. The Rift's design is a concern for the tech experts as it defeats the purpose of virtual reality. Aside from the Rift's screen issue, the problem of nausea, that requires gamers to sit down while playing, is still there as well as the lack of the wireless technology for the system. The Rift is scheduled to be released early of 2016, and experts are expecting some major changes for the gadget before it's formal launch in order to compete with the others.
