VR venture Dreamscape Immersive to launch with major studio backing

Dreamscape Immersive

Location-based virtual reality venture, Dreamscape Immersive, is due to launch in September after closing a Series A funding round from major film studio backers. VC… Read more

VR device shipments to reach 110m by 2021

An attendee tries out a VR headset at CES 2017

VR device shipments will reach a total of 110 million by 2021, with the industry to benefit from a “swath of new and compelling content… Read more

Google brings VR to the web with Chrome update

Google Chrome VR

Google is bringing virtual reality (VR) to the web with the latest version of its Chrome browser. The update is designed to offer users a… Read more

Viral Spiral founder gets heavyweight backing for new VR firm

Damain Collier and Chris Helm

Viral Spiral founder Damian Collier has received backing from a host of prominent media executives for his new venture, VR firm Blend Media. LADBible Group… Read more

Video to account for three quarters of mobile traffic by 2021


Mobile video will represent 78% of the world’s mobile data traffic by 2021, up from 60% of total mobile data traffic in 2016, according to… Read more

Jaunt VR hires former Hulu, Vessel exec to drive revenue

Jean-Paul Colaco

Virtual reality firm Jaunt has appointed former Hulu and Vessel executive Jean-Paul Colaco as first chief revenue officer. Colaco will be responsible for global revenue… Read more

Former Hulu exec joins VR firm SubVRsive

Johannes Larcher

Former Hulu executive, Johannes Larcher, has joined Austin, Texas-based virtual reality firm SubVRsive as CEO. SubVRsive announced the appointment at the same time as it… Read more

AR and VR investments reach US$2.3bn

Virtual reality VR Edinburgh Digital Entertainment Festival

The amount of money invested last year in virtual and augmented reality companies more than tripled compared to 2015, according to new research. Digi-Capital’s new… Read more

Facebook ordered to pay US$500m in Oculus VR lawsuit

Oculus Rift

Facebook’s VR division, Oculus has been ordered to pay US$500 million to games firm ZeniMax in a court battle over the technology used in its… Read more

Facebook hires Hugo Barra to lead VR efforts


Facebook has hired former Xiaomi and Google executive Hugo Barra to lead all of its virtual reality efforts, including its Oculus team. Announcing the move… Read more