Sales of Oculus Quest 2 devices have been put on hold by Facebook temporarily, due to concerns over skin irritation caused to some users.
During their recent Facebook Connect event, Facebook announced the Oculus Quest 2. This is the company’s latest standalone VR headset.
Facebook has made the move to officially rename its Oculus VR studio to Facebook Reality Labs.
Sony now expects to see a higher demand for their next-gen console, the PlayStation 5, and have ramped up production to 10 million units as a result.
PlayStation is one of the latest major companies to put a stop to their advertising on Facebook and Instagram.
Developers of Asgard’s Wrath, Sanzaru Games, have been acquired by Facebook for an undisclosed amount.
Facebook has purchased Beat Games, developers of the popular VR game Beat Saber, and brought them into the Oculus family.
Facebook is looking for a way to increase the number of triple A franchises and exclusives available for VR devices, hoping to attract more users their Oculus VR headsets in particular.
The legal battle which has been raging for a number of years now between Facebook and ZeniMax over Oculus VR technology has been settled.
Brendan Iribe, Co-founder of Oculus, has announced that he is leaving the company via a post on his Facebook page.