High Tech > Hardware

Leaked Videos Appear To Offer the First Glimpse Of Facebook's Oculus Pro

1 month ago   |   By IGN

New leaks from Oculus appear to show a first look at the rumored Oculus Pro VR headset, The Verge reports. Videos and images from the servers of Facebook, which owns Oculus, first leaked to Reddit before being downloaded by The Verge. The videos show CG characters interacting with a new, darker VR headset and participating in activities like meetings, character customization, and games like Beat Saber. Though the videos are CG, they show off what appears to be full body motion tracking, new Oculus Touch-style controllers (without the ring that goes around your hands), a charging dock, and...
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Facebook teases massive metaverse-related changes on the horizon

Facebook teases massive metaverse-related changes on the horizon

1 month ago   |   By Android Central

This could be the last time Facebook reports under "Facebook" ahead of its name change.
What you need to know
Facebook announces its Q3 2021 financial earnings.
The company reports a 35% increase in revenue, driven primarily by ads.
Strong Quest 2 sales have driven non-ad revenue by nearly 200%.
The company is expected to change its name this week.
Facebook has announced its Q3 financial earnings on Monday, showing that the social media giant is not slowing down, despite its troubles.
The company reported quarterly revenue of more than $29 billion, which was primarily driven by ads. More...
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Facebook plans to break out its VR, AR business - CNET

1 month ago   |   By CNET

The social network reported its third-quarter earnings on the day that more stories surfaced about leaked internal documents.
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Facebook is spending at least $10 billion this year on its metaverse division

Facebook is spending at least $10 billion this year on its metaverse division

1 month ago   |   By The Verge

Illustration by Alex Castro / The Verge
Facebook plans to spend at least $10 billion this year on Facebook Reality Labs, its metaverse division tasked with creating AR and VR hardware, software, and content.
“We are committed to bringing this long-term vision to life and we expect to increase our investments for the next several years,” the company writes in its third-quarter earnings release this afternoon. Facebook sees AR and VR as being core to “the next generation of online social experiences.”
A sign that Reality Labs should be judged separately from Facebook's core apps
The...
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Facebook reports revenue miss, plans to break out AR/VR top lines

1 month ago   |   By TechCrunch

U.S. social networking giant Facebook reported its Q3 financial results today after the bell. It reported $29.0 billion in total revenue and earnings per share of $3.22, calculated on a diluted basis. Investors had expected the company to report revenues of $29.58 billion, per data collected by Yahoo Finance , and earnings per share of $3.19.
Shares of Facebook are up modestly in after-hours trading, indicating that the street is not shocked that it came in slightly light on top-line.
That lack of surprise may be due to the fact that Facebook's report comes in the wake of Snap's digest...
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