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.
Oculus has announced that this year they will be discontinuing their original Oculus Go VR headset and any three-degrees-of-freedom products.
John Carmack moved to a new role at Oculus, Consulting Chief Technology Officer. The new role will allow him to focus more time on artificial intelligence.
Brendan Iribe, Co-founder of Oculus, has announced that he is leaving the company via a post on his Facebook page.
John Carmack, CTO for Oculus VR has said in a statement that the Nintendo Switch is the main competition for the company’s upcoming device, Oculus Quest.
A US District Judge has revised the victory that ZeniMax won against Facebook last year as part of the on-going Oculus legal battle.
Palmer Luckey, creator of the Oculus Rift, is now hiring for a new mysterious defense company, a stark contrast to his work in virtual reality technology.
In the three months starting from June of this year Sony has sold more than 500,000 PSVR units of PlayStation VR headsets.
Oculus has announced a further price drop for the Rift headset and Touch controller bundle as part of their summer sale, bringing the price down to $399.