Meta’s Reality Labs has incurred more than $21 billion in losses since the beginning of 2022.

Meta’s second-quarter earnings report revealed that its subsidiary, Reality Labs, which focuses on virtual and augmented reality development, has incurred a substantial loss of $21.3 billion since the beginning of 2022. Executives expressed concern that the situation will worsen in the future. In Q2, Reality Labs generated $276 million in sales, a decrease from the …

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NBA and Apple Jointly Envision the Future of Watching Games

NBA Commissioner Adam Silver revealed at Allen & Co.’s annual “summer camp for billionaires” that the NBA is collaborating with Apple to create an enhanced viewing experience for their upcoming Vision Pro virtual reality headset. Silver hinted that users may be able to enjoy fast breaks and slam dunks from a reimagined courtside perspective on …

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Apple reportedly scaling back Vision Pro headset goals significantly due to production challenges

Apple’s highly anticipated “Vision Pro” mixed-reality headset, priced at $3,500, is facing significant production challenges ahead of its scheduled release next year, according to a report published on Monday. The tech giant, which recently achieved a market valuation of $3 trillion, had to make significant adjustments to its production targets due to difficulties faced by …

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Jack Dorsey expresses concerns about the potential negative impact of Apple and Meta VR headsets on society

Social media pioneer Jack Dorsey expresses concern over the impact of mixed-reality headsets like Apple’s Vision Pro and Meta’s Quest 3 on American society. Dorsey fears that these technologies may turn people into socially isolated individuals, reminiscent of the dystopian future depicted in the film “WALL-E.” During his appearance on the “Breaking Points” podcast, Dorsey …

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A new VR headset from Apple is about to be released.

Apple has unveiled its latest product, a virtual reality headset called Vision Pro. During its Worldwide Developers Conference, Apple CEO Tim Cook dubbed the headset the world’s debut of “spatial computing.” According to Alan Dye, vice president of human interface design at Apple, Vision Pro boasts a “familiar yet revolutionary” and fully three-dimensional interface. Users …

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Vision Pro VR headset revealed by Apple

During its Worldwide Developers Conference, Apple introduced Vision Pro, its virtual reality (VR) headset, on Monday.  Apple CEO Tim Cook described the headset as a “new type of computer” that enhances reality by “seamlessly blending” the physical world with the digital world.  “Vision Pro is the first Apple product that you look through rather than …

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Insight into Apple’s Virtual Reality Headset Release: What to Expect from the Event

Apple has finally unveiled its long-awaited virtual reality headset, dubbed “Vision Pro.” This is the company’s first major product launch since AirPods in 2016. The headset, priced at $3,499, is initially aimed at video game and application developers, although it could ignite interest in this segment among consumers. Apple describes the device as the world’s …

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