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Latest News
  • [ February 3, 2023 ] Microsoft remains committed to HoloLens 2 and Mixed Reality after recent layoffs 2023
  • [ February 1, 2023 ] Prisms VR raises $12.5M Series A funding from Andreessen Horowitz to accelerate math literacy 2023
  • [ February 1, 2023 ] MyndVR announces its VR digital therapeutics will now be covered by insurance 2023
  • [ January 31, 2023 ] Dark Slope and Little Engine Moving Pictures announce Virtual Production partnership 2023
  • [ January 30, 2023 ] Founders Workshop launches new Metaverse products division 2023
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Company Management

2023

Microsoft remains committed to HoloLens 2 and Mixed Reality after recent layoffs

February 3, 2023

In Mixed Reality News February 3, 2023 – After laying off 10,000 staff last month, Microsoft’s mixed reality efforts were heavily impacted, with both the company’s MRTK and HoloLens teams affected by the layoffs. In …

2023

Founders Workshop launches new Metaverse products division

January 30, 2023

In General XR News January 30, 2023 – Founders Workshop, a 14-year old digital product and software development firm in Phoenix, has announced the formation of its new Metaverse Workshop division. The company’s new Metaverse …

2023

Microsoft to lay off 10,000 staff, with MRTK and HoloLens teams affected, plus AltspaceVR to be shut down

January 23, 2023

In General XR News January 23, 2023 – Microsoft has recently announced a series of potentially heavy blows to its XR business, as the company looks to lay off 10,000 staff. Several employees impacted by …

2022

Saudi Arabia’s sovereign wealth fund acquires majority stake in Magic Leap

December 30, 2022

In Augmented Reality News  December 30, 2022 – The Telegraph reported this week that Saudi Arabia has taken control of spatial computing company Magic Leap. According to the Telegraph, during the course of its recent …

2022

StretchSense grows leadership team with new CRO after recent $7.6M Series A funding raise

December 13, 2022

In Virtual Reality News December 13, 2022 – StretchSense, a provider of high-precision motion capture (MoCap) technology for the gaming and animation sectors, has announced the appointment of Chris Simard as Chief Revenue Officer, to …

2022

Retired 4-Star General Thomas Schwartz joins Taqtile as strategic advisor

December 8, 2022

In General XR News December 9, 2022 – Taqtile, a provider of augmented reality (AR)-based work instruction solutions for deskless employees and the maker of AR-enabled work-instruction platform Manifest, has recently announced that decorated 4-Star …

2022

dropp group acquires metaverse platform Phly, Inc. for $25M

September 14, 2022

In General XR News September 14, 2022 – dropp group, a Web3 company, has recently announced its strategic acquisition of Phly, Inc. (Flyy), a social metaverse platform that models real cities in a virtual 3D …

2022

Varjo raises $40M in Series D funding as it continues to build its industrial metaverse platform

September 7, 2022

In Virtual Reality News September 7, 2022 – Varjo, a provider of professional-grade virtual and extended reality (VR/XR) hardware and software, has recently announced that it has secured USD $40 million (equivalent to EUR €41 …

2022

Snap to cut its workforce by 20% amid restructuring due to lower than expected growth

September 1, 2022

In Augmented Reality News  September 1, 2022 – Snap has this week announced that it will reduce the size of its workforce by approximately 20%. In a blog post, the company’s CEO, Evan Spiegel outlined …

2022

Unity announces merger with business platform ironSource to integrate creation and growth

July 13, 2022

In General XR News July 13, 2022 – Unity, one of the leading platforms for creating and operating interactive, real-time 3D (RT3D) content, and ironSource, a business platform that empowers mobile content creators to turn …

2022

XR solutions provider disguise acquires creative studio Meptik to accelerate global delivery of immersive productions

July 13, 2022

In Augmented Reality and Mixed Reality News July 13, 2022 – disguise, a provider of extended reality (XR) technology solutions, has announced that it has acquired Atlanta-based immersive entertainment specialists Meptik, to empower the global …

2022

FOV Ventures launches to provide specialist fund in Europe to invest in early-stage founders building the Metaverse

March 15, 2022

In Augmented Reality, Virtual Reality and Mixed Reality News March 15, 2022 – FOV Ventures, a new specialist VC fund to invest in early-stage founders at the forefront of the Metaverse, has recently announced the …

2022

Niantic announces it has acquired 8th Wall to expand its AR tools for developers

March 10, 2022

In Augmented Reality News  March 10, 2022 – Niantic, developer of Pokémon GO and provider of augmented reality (AR) technologies, has today announced that it has acquired 8th Wall, a provider of a web-based augmented …

2022

Tony Xu, co-founder and CEO of DoorDash, joins Meta’s board of directors

January 12, 2022

In General XR News January 12, 2022 – Meta has announced that Tony Xu, co-founder and CEO of DoorDash, Inc., has been elected to the company’s board of directors, effective immediately. According to Meta, Xu …

2021

Solotech acquires XR Studios to expand its virtual production services

December 21, 2021

In General XR News December 21, 2021 – Solotech, a provider of audiovisual and entertainment technology, has recently announced that it has acquired XR Studios, a full-service agency specializing in extended reality (XR) technologies for …

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News Showcase

Founders Workshop launches new Metaverse products division

VR enterprise team building and collaboration platform Remio now available on the Meta Store

Icelandair selects VRpilot to deliver VR procedure training for flight crew

Breylon partners with Velocity Esports to bring its Ultra Reality immersive display technology to gamers

US Army awards Microsoft task order to develop version 1.2 of its IVAS Mixed Reality solution

OVR Technology announces ION 3 wearable scent technology for XR experiences

StretchSense grows leadership team with new CRO after recent $7.6M Series A funding raise

Auganix Weekly XR Newsletter

Upcoming XR Events

  • Military Virtual Training & Simulation Summit
    Military Virtual Training & Simulation Summit
    22 Feb 23
    Orlando
  • IVRHA 7th Annual Virtual Reality and Healthcare Global Symposium
    IVRHA 7th Annual Virtual Reality and Healthcare Global Symposium
    3 Mar 23
    Philadelphia
  • View all XR events & conferences

Reality Check

  • Microsoft to lay off 10,000 staff, with MRTK and HoloLens teams affected, plus AltspaceVR to be shut down

    January 23, 2023
    In General XR News ...

VR Game Reviews and Blog

Tilt Five launches ‘The Lab’ to allow developers to share their T5 projects

2022
December 7, 2022

Other VR Gaming News

  • Microsoft to lay off 10,000 staff, with MRTK and HoloLens teams affected, plus AltspaceVR to be shut down
    January 23, 2023
  • D-BOX partners with Mercedes-Benz to develop and commercialize haptic motion platform
    January 18, 2023
  • VividQ announces “breakthrough” in Augmented Reality optics
    January 17, 2023
  • Breylon partners with Velocity Esports to bring its Ultra Reality immersive display technology to gamers
    January 12, 2023
  • Meta announces update that enables Android users to track VR fitness data
    January 12, 2023
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