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The Latest Breaking News from Oculus

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

Billionaire Palmer Luckey sold Oculus to Facebook for $2 billion by 21 years old—and says that kind of break “isn’t happening in China.”

Fortune

Anduril’s billionaire founder warns U.S. colleges are falling behind China—where students are learning AI. And it’s already ‘hollowed out’ companies

Palmer Luckey, a college dropout turned billionaire entrepreneur, says while America teaches kids to dream big, China is teaching them to actually build.

Fortune

How background artists define the tone of movies and games before the action even starts

Five artists reveal the skills and techniques involved in an often underappreciated creative field.

Creative Bloq

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'We're going to let VR be what it is and what it does great,' says Meta execs regarding Quest changes

Last week's layoffs of 1,500 Reality Labs employees shocked the Meta Quest community, and now Meta is finally explaining what's going to happen next.

Android Central

Meta abandoning VR is 'obviously false,' according to Oculus founder, but Meta's own actions scream the opposite

With Meta laying off a large portion of its VR department in favor of smart glasses, Oculus founder Palmer Luckey believes "this isn't a disaster," but upcoming Quest headsets aren't looking bright.

Tom’s Guide

"Change always sucks because people lose their jobs": but Oculus founder Palmer Luckey still thinks Meta is doing the right thing for VR

Meta's layoffs affected 1,500 jobs last week – and Luckey thinks it's a move for the greater good.

Oculus founder calls Meta Quest layoffs ‘Not a disaster’ — but I still can’t see it as anything but terrible

'Not a Disaster'? Here's why Oculus founder Palmer Luckey is wrong about the Meta Quest layoffs.

TechRadar

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Silicon Valley billionaire flies coach out of solidarity: 'If I'm going to ask my employees to do it, I need to do it, too'

"Even like, yes, I have a lot of money but ... it feels like I'm out of touch," said Palmer Luckey, who set a $100k limit on his startup's salaries.

Fortune

Meta Platforms Has Lost $73 Billion on Reality labs. Are Its Spending Cuts Enough for META Stock?

Meta cuts Reality Labs spending by 30%, focusing on profitable AI and core app projects while maintaining ad growth.

Barchart

Palmer Luckey considering entering laptop market with fully US-made model, wants to know if you'd spend 20% more for an American-made PC

Oculus and Anduril founder Palmer Luckey has repeatedly floated the idea of producing a laptop in the U.S. that would cost 20% more than competitive offerings.

Tom’s Hardware

Oculus Founder Palmer Luckey's 'Lord Of The Rings'-Inspired Digital Bank Hits $2 Billion Valuation With Backing From Founders Fund

Palmer Luckey is making another big bet: this time, not in virtual reality or military defense, but digital finance. The Anduril CEO and Oculus founder has launched Erebor, a digital bank that already holds a valuation of $2 billion as it raises at least $225 million in funding, Business Insider…

Benzinga

Oculus founder Palmer Luckey leads group of tech billionaires launching new crypto-bank — aims to fill the void left by Silicon Valley Bank's 2023 collapse

It's looking to fortify its coffers with stablecoins.

Tom’s Hardware

Mark Zuckerberg Once Predicted That This Technology Would Replace Your Phone — A Decade Later, How Far Is Meta From Delivering On A 'More Natural' Future

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg once shared his bold vision, indicating that virtual and augmented reality would one day replace mobile phones as the dominant computing platform. Now, nearly a decade later, how close is Meta to achieving that future?

Benzinga

News Weekly: Motorola Razr 2025 arrives, Alphabet earnings soar, Meta's troubles, and more

This week, Motorola's Razr 2025 series dropped, Alphabet's Q1 earnings soar, Meta layoffs impact VR teams, Samsung's summer Unpacked could take place in New York, and Android 16's Beta 4 comes out.

Android Central

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Android Central

Meta layoffs strike again, impacting its Reality Labs division

Meta lays off employees in its VR gaming wing, Reality Labs, as part of its restructuring efforts.

Android Central

James Cameron may have tested the Meta Quest 4, and he's a huge fan

James Cameron is partnered with Meta on VR films, and he's already tested future Quest prototypes that he thinks are "f***ing cool."

Windows Central

Was Windows Mixed Reality as bad as I remember? I look back at the failed VR platform that was ahead of its time.

Windows Mixed Reality didn't make it to its 10th anniversary, but it made a significant splash in the VR world during its limited run.

TechRadar

Meta sets Oculus Quest headset shelf-life at six years, but there's still hope that the Meta Quest 2 will survive past 2026

Meta has ended all software updates to the Oculus Quest, which suggests the Quest 2 could enter stasis in 2026.

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Android Central

Meta's VP of VR is leaving and it's time for the company to 'give a damn' again

Mark Rabkin is leaving Meta and transferring power to Ryan Cairns who previously headed up Portal and Meta for Work initiatives.

International Business Times UK

Palmer Luckey Accuses DeepSeek Of Lying About AI Model Costs: 'The $5M Number Is Bogus'

Palmer Luckey, the founder of Oculus, questions DeepSeek's AI claims, criticising US media for 'mindlessly' reporting on the progress of the Chinese startup.

Android Central

Android XR needs to copy Android smartwatches to survive

Google has a long history of (abandoned) VR & AR projects. If Android XR is to succeed, it'll depend on Samsung, the savior of Google's wearable plans.

Fortune

Oculus founder Palmer Luckey is back, revolutionizing warfare with a $14 billion startup. And this time he wants you to like him

“I realized too late that my reputation is actually very important,” Luckey told Fortune.

USA Today Sports Media Group

Inevitable Merging of Poker and Cutting-Edge Tech

Virtual and augmented reality are bringing fresh innovations to online poker, offering players immersive gameplay and transforming traditional poker rooms into futuristic virtual worlds.

Android Central

Meta's leaked 'Avalanche' could bring back Oculus Rift games, but I want more

A long-rumored cloud gaming app was briefly leaked on the Quest Store. We suspect it'll arrive on Quest 3 soon, but used in a safe way — and we'd love to see something more ambitious.

Tom’s Guide

Minecraft losing VR support next year — here's how to enjoy it while you can

Minecraft developer Mojang confirmed that VR support is going away in 2025.

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