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Here's how Mark Zuckerberg thinks the VR industry will evolve (FB)

This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here.Virtual reality (VR) technology is still around a decade away from...

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Google's virtual reality ambitions appear to be off to a slow start (GOOG)

Google's first major virtual reality effort is off to a slow start.This week, the company slashed the price of its Daydream View VR headset by $30, from $79 to $49, just two months after it first went...

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What happened to virtual reality? (FB, GOOG)

When Facebook bought Oculus VR in 2014 for $2 billion, CEO Mark Zuckerberg made a bold prediction."... at this point we feel we're in a position where we can start focusing on what platforms will come...

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How Facebook is trying to get people psyched about its $3 billion bet on...

For the past few weeks, Facebook has been showing off its virtual reality Oculus Rift technology in various pop-up stores around the country.I stumbled across one at the Denver International Airport...

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TD Bank CMO Pat McLean: New technologies like virtual reality will be a...

Each year, The Consumer Electronics Show in Las Vegas showcases the innovation and technology that is changing the world – and the way companies do business.At CES 2017, Business Insider spoke with...

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Google's virtual reality film has been nominated for an Oscar (GOOG)

Google's virtual reality film "Pearl" has been nominated for an Oscar in the best animated short film category, according to Mashable.It's the first time a VR film, as well as Google, has been...

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Google is finally letting anyone make apps for its new virtual reality...

Google's new virtual reality platform, Daydream, is about to get a whole lot more apps.The Californian tech giant has finally allowed anyone to create apps for the platform, TechCrunch reports, opening...

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The future of tech is already here — and nobody cares (AAPL)

Something funny is happening in the world of cutting-edge tech.On Wednesday, Best Buy announced that it would be closing 200 out of its 500 in-store demo locations for the Facebook's Oculus Rift...

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Apple CEO Tim Cook believes augmented reality is 'a big idea like the...

Nobody outside of Apple knows what its next big product is.But Apple CEO Tim Cook continues to drop hints that the company is investing and sees huge potential in augmented reality.That's what techies...

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An augmented reality company that raised over $130 million is laying off...

Augmented reality helmet maker Daqri is cutting about 25% of its nearly 330-person-strong workforce worldwide, multiple people have told Business Insider, or about 80 people.The workforce at its...

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Google Chrome is about to revolutionize virtual reality (GOOG)

This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here.Google announced last week that the latest version of Chrome, its...

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Tim Cook sheds light on Apple's AR strategy (AAPL)

This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here.Apple will likely build augmented reality (AR) into the iPhone rather...

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HTC posts losses for seventh straight quarter

This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here.HTC is struggling to bounce back from the global deceleration in...

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Valve CEO: 'We're comfortable with the idea that VR will turn out to be a...

When you're worth over $4 billion like Valve CEO Gabe Newell, you can do whatever you want.We're not just talking about flights of fancy, but business decisions as well. Take Newell's company by way of...

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ZeniMax is trying to block games from working on Facebook's Oculus virtual...

Video game publisher ZeniMax, which earlier this month won a $500 million verdict against Facebook’s Oculus virtual reality unit for unauthorized copying of computer code, has asked a federal judge to...

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THE IMMERSIVE VIDEO REPORT: How VR, AR, and 360-degree video are shaping the...

As aversion to advertising continues to grow and as ad-blocking adoption increases across the globe, publishers and brands are turning to immersive video — namely 360-degree video, augmented reality...

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Sony has established itself as the market leader in virtual reality

For all of the hype surrounding virtual reality, we still don't know if the technology is a breakout hit or fading fad.That's because the biggest players in the VR industry, from Facebook's Oculus to...

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HTC sheds light on VR app subscription program

This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here.The virtual reality (VR) subscription service HTC unveiled for its...

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Facebook is slashing the price of its VR headset as competition heats up (FB)

Facebook has a new strategy to get people interested in virtual reality: cutting the price.The company's VR subsidiary, Oculus, announced Wednesday that it's lowering the cost of its Rift headset and...

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Channel 4, The Economist, and the creator of 'Undercover Boss' are investing...

LONDON — Channel 4, The Economist, and creator of hit TV show "Undercover Boss" Stephen Lambert are investing in a company which specialises in creating virtual reality content.The three parties have...

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