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Facebook profits soar, ‘VR is for the future’

Facebook profits soar, ‘VR is for the future’

Shares in Facebook have hit record highs after its latest financial results smashed expectations, with profits rising threefold. The first quarter numbers beat analysts’ forecasts with the social network, also…

Gaming console adoption in significant decline

Gaming console adoption in significant decline

Parks Associates has published European research showing a steady decline in gaming console adoption in France, Spain, and the UK while remaining flat in Germany. Continued consumer adoption of mobile…

IDC: Over 9m VR headsets to ship this year

IDC: Over 9m VR headsets to ship this year

More than nine million virtual reality (VR) headsets will be shipped in 2016, according to research by analyst firm IDC. Some of the growth will be down to the first…

YouTube debuts VR

YouTube debuts VR

YouTube unveiled a 360-degree live-streamed video and spatial audio in the immersive video experience at the NAB. YouTube partnered with tech site The Verge to air the first live-streamed 360-degree…

Technicolor chief ponders future of ‘Virtual Experiences’

While new developments in technologies have driven much of the headline-grabbing coverage of virtual, augmented and mixed reality, artists have an absolutely critical role to play in wringing the full…

Ericsson, Fox enable next-gen content on UDN

Ericsson has announced that as part of its global partnership with the Fox Innovation Lab, Twentieth Century Fox’s research and development centre, it is collaborating on a proof of concept…

NPAW partners with Bitmovin

NICE PEOPLE AT WORK (NPAW), an expert in business intelligence and analytics technology for the online video industry, has announced its partnership with Bitmovin, integrating Bitmovin’s HTML5 360 and Virtual…

Sky Italia partners with Viaccess-Orca, Harmonic, VideoStitch for VR

At the 2016 NAB Show, Viaccess-Orca, a global player in the protection and enhancement of content services; Harmonic, an expert in video delivery infrastructure; and VideoStitch, will showcase their best-of-breed…

VR uptake risks assessed

Virtual reality will have a wide and lasting impact on work, education and home lives – but not all of it will be positive, according to a survey of 2,000…

Oculus, HTC & Sony to dominate VR market

According to research from Strategy Analytics global virtual reality headset revenues will reach $895 million in 2016 with 77 per cent of that value accounted for by newly launched premium…