Meta has paused sales of the Meta Quest 3 Elite Strap with Battery at retail, reportedly over a charging defect affecting some customers, according to Road to VR.
After 14 years of no access to China, Meta has finally managed to strike a deal with the Chinese videogame maker and the world’s largest videogame company, Tencent Holdings. Starting in late 2024, Meta will be able to sell their new lower-cost virtual-reality headset in China.
ByteDance, the China-based company that owns TikTok as well as one of the biggest overseas VR makers, Pico, is taking a long look at its VR headset business, finding that all those metaverse champions were way too “optimistic” in their estimation that virtual reality would take over the world.
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Rumors of the metaverse’s death overseas may have been a bit premature, even as headset-maker Pico seems to be in the doldrums of a rather anticlimactic year in VR.
All that metaverse tech — whatever that term means at this point — will get a big connectivity boost thanks to federal regulators.
How’s that whole metaverse thing going? Well, according to one top analyst’s sales expectations for the Quest 3 mixed reality headset, not as well as Meta might hope.
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