Month: September 2024

VR is sometimes dismissed as a fad, with some seemingly desperate to ring the death knell on virtual reality and its associated hardware at the earliest opportunity. While we’re not so convinced, the latest financial report from Meta shows staggering expenses in regards to its VR headset and augmented reality division that are difficult to ignore.

Meta’s first quarter results of 2024 reveal that Reality Labs, the company’s business and research unit that develops and produces VR headsets like the Meta Quest 3, made $440 million, a 30% increase attributed to Quest headset sales. Reality Labs’ expenses, however, were an eye-watering $4.3 billion.

This was actually down 1% year-over-year, as “higher headcount related expenses were more than offset by lapping inventory related v…

According to itseieio’s TikTok bio, they “make dumb games”, but I’d argue that putting a brick-breaker into Google Calendar is galaxy brain stuff. As they explain in a video, they spent two weeks polishing the game, adding color-coded explosions as you smash your scheduled standups into smithereens, as well as that authentic-looking trail behind the ball. But the most important part of all is that, yes, you really can decline your weekly townhall or Thursday afternoon “quick chat” by slapping it with a ball.

When you finish a round of BreakTime, which really is a clever name, you’re asked if you actually do want to decline all those one-on-ones you just broke. So no, you don’t have to skip that stakeholder meeting because of a videogame if you don’t want to. But every time a round…