Oculus

Oculus co-founder Nate Mitchell is heading up a new game development house called Mountaintop Studios, joined by colleagues from around the gaming industry. The company aims to leave the crunch and to

Facebook shifts its VR strategy, WhatsApp’s payment service hits a snag in Brazil and we look at how Trump’s visa ban will affect Silicon Valley. Here’s your Daily Crunch for June 24

Just two years after launch, Facebook announced today that it’s discontinuing the Oculus Go, the least powerful and least expensive virtual reality headset that the company sold. Facebook CEO Ma

Despite a handful of devices and years of sales, Facebook has never shared unit sales of any of their VR headsets. Today, Oculus released a new sales figure as the company reaches the 1 year anniversa

Stripe raises new funding, Uber acknowledges financial uncertainty and a controversial facial recognition startup accidentally exposes its source code. Here’s your Daily Crunch for April 17, 202

Riot Ventures, the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond,

In films, TV shows and books — and even in video games where characters are designed to respond to user behavior — we don’t perceive characters as beings with whom we can establish two-way relat

Mark Zuckerberg won’t be spending 2020 focused on wearing ties, learning Mandarin or just fixing Facebook. “Rather than having year-to-year challenges, I’ve tried to think about what

Facebook doesn’t want its hardware like Oculus or its augmented reality glasses to be at the mercy of Google because they rely on its Android operating system. That’s why Facebook has task

Facebook is selling Oculus Medium — a 3D virtual reality sculpting tool for creatives — to Adobe. The team was an expensive effort for Oculus and its sale signifies a broader rethinking wi

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Legendary coder John Carmack is leaving Facebook's Oculus to focus on a personal project — no less than the creation of Artificial General Intelligence, or "Strong AI." He'll remain attached to the

Facebook wants more people to know it owns Instagram, WhatsApp and Oculus while still maintaining a distinct identity for its main app. So today Facebook launched a new capitalization and typography f

Despite early-stage virtual reality market and augmented reality market valuations softening in a transitional period, total global AR/VR startup valuations are now at $45 billion globally — include

After raising $100 million, virtual reality content startup Jaunt has been in a precarious position for a few years now. It seems like the saga has finally come to a close as the startup announced tha

Most of the people I spoke with at Facebook’s Oculus Connect see the proliferation of virtual reality as a foregone conclusion, one that’s just a matter of timing at this point. For Facebo

At the Oculus Connect developer conference, one of the company’s veteran executives offered some insights on the end of its best-selling product. “As we move forward into the future with Q

Four months after its release, the Rift S is looking pretty irrelevant. My colleague Josh and I went hands-on with an early demo of Oculus Link, a feature launching in beta in November that lets Quest

At its developer conference Wednesday, Oculus showed off a pair of prototype designs for its next high-end headsets. Two years ago, Oculus showed off its Half Dome prototype, which utilized a technolo