Virtuix Goes Public During a Turbulent Moment for Consumer VR
VR treadmill creator Virtuix is going public, as its Class A ordinary shares will start trading today on the Global Market tier of the Nasdaq. The company’s stock market debut…
Studio Behind VR Hit ‘Walkabout Mini Golf’ Lays Off 25% of Staff, Raises DLC Price Moving Forward
Mighty Coconut, the indie studio behind Walkabout Mini Golf (2020), announced it’s reduced headcount by 25% n addition to raising future DLC prices to offset costs. Might Coconut founder Lucas Martell published…
Early Results from the TNW Council Concierge Revealed
Shortly after launch, TNW Council is already seeing clear, early signals from its concierge model, signals that underline a fundamental truth often overlooked in the startup ecosystem: founders operating at…
Noora Saksa steps in as new Slush CEO
Slush, the Finnish nonprofit behind one of the most influential startup gatherings in Europe, has named Noora Saksa as its new Chief Executive Officer, a shift that indicates a strategic…
TNW Weekly Briefing
1. EU launches “EU Inc” at Davos What: The European Commission unveiled EU Inc (“28th regime”), a single EU-wide legal company structure designed to let startups incorporate once and operate…
AI is old news. Generative AI is the future.
The term Artificial Intelligence (AI) is well known, often evoking futuristic movies like Robocop, Terminator and The Matrix. Yet what many don’t realize is that AI has been part of our lives for decades. When you finish…
‘Bartender VR’ Studio Releases Weapon Restoration Sim ‘BattleCrafter’ on Quest
BattleCrafter is all about restoring the weapons and armor of old, letting you get a closer look at everything from ancient swords to modern rifles, and learn about them too.…
Quest Gets Disney+ App With Downloads for Offline Viewing, But No 3D Movies Like Vision Pro
The Disney+ video streaming service is finally available on Quest. While better late than never, it’s actually missing out on a few key features for now. The News The Horizon…
Apple Design Lead Heads to Meta, Hopefully to Fix Longstanding Quest UX Issues
Apple’s Vice President of Human Interface design, Alan Dye, is leaving the company to lead a new studio within Meta’s Reality Labs division. The move appears to be aimed at…
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[Industry Direct] ‘I Am Bird’ Open-World VR Flight Adventure Takes Off on Meta Quest
We at New Folder Games—creators of I Am Cat, I Am Security, and I Am Monkey—are expanding our series with a new VR experience built around dynamic, natural-feeling flight. Industry…
Meta Reveals ‘WorldGen’ Tool to Generate VR Worlds from AI Prompts
Meta announced WorldGen, a new AI tool that could soon let you generate navigable 3D worlds in minutes from a single text prompt. The News Meta Reality Labs announced WorldGen…
Ray-Ban Meta (Gen 1) Smart Glasses Get 20% Price Drop Ahead of Black Friday
Meta is tossing out a limited time 20% discount off all Ray-Ban Meta (Gen 1) smart glasses, which you can nab from now until December 1st. The News Released in…