Meta acquisition of Within Unlimited virtual reality company closes

Virtual reality - Acquisition - Business

The Facebook parent company was able to win an antitrust lawsuit filed against it by the FTC. When Meta recently won an antitrust lawsuit filed against it by the Federal Trade Commission (FTC), the judge required the company to wait a week before closing its acquisition deal of virtual reality company Within Unlimited. The FTC’s lawsuit sought to stop Meta from being able to purchase Within Unlimited. Meta’s efforts to purchase the virtual reality company best known for its Supernatural fitness application were delayed by over a year as it…

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Apple AR glasses delayed in favor of cheaper mixed reality gadget

Apple Logo - AR Glasses Delayed

The augmented reality device was meant to be launched on the heels of this year’s headset. While Apple still plans to unveil a mixed-reality headset in 2023, it will be delaying the AR glasses that were supposed to be a follow-up product launch this year. The postponement of the second gadget is occurring due to technical challenges in its development. The lightweight AR glasses will be delayed in favor of a cheaper version of its mixed reality headset. Apple originally intended to roll them out after its full-featured mixed reality…

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New telehaptic gadgaet makes it possible to send a remote touch sensations

Telehaptic - Digital Touch

The prototype device is worn on a user’s fingertip and transmits touch in real time. Researchers from South Korea have developed a new type of telehaptic gadget that users can wear to transmit a touch sensation remotely and in real time. This prototype could mean that there will be promising new developments in AR and VR tech. Interface technology that makes a user’s experience natural, intuitive and realistic when interacting physically with devices is key to augmented and virtual reality (AR/VR). That said, other than subtle changes in vibrations, most…

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The metaverse won’t be the technology of tomorrow, predicts Apple CEO

Metaverse - Not Tomorrow

Tim Cook is unenthusiastic about the VR environment and says a different tech will define the future. Tim Cook has added his name to a growing list of tech leaders to express an expectation that the metaverse won’t be the trend that will define the future. The Apple CEO recently said that the virtual reality experience is poorly defined for the average person. “I always think it’s important that people understand what something is,” said Cook in a recent media interview. “And I’m really not sure the average person can…

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Virtual reality firm MetaX sues Meta for trademark infringement

Virtual reality lawsuit - headset

The immersive experience company filed the lawsuit in a Manhattan federal court. MetaX LLC, a company that creates experiences in immersive virtual reality (VR) has filed a trademark lawsuit in a Manhattan federal court, accusing Meta Platforms Inc, owner of Facebook, of stealing its name as it pursues the metaverse. The New York-based MetaX said that the Facebook metaverse rebrand has “crushed” it. MetaX informed the court that when Facebook rebranded, the New York-based company was “crushed” and that its “ability to operate as Meta has been eviscerated.” It also…

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