Published 2 years ago • loading... • Updated 2 years ago

Tencent scraps plans for VR hardware as metaverse bet falters

Summary by Reuters

Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said.

14 Articles

All

Left

Center

Right

Kronen Zeitung

Tech giant Tencent shuts down metaverse division

Wegen trüber Konjunkturaussichten setzt der chinesische Technologiekonzern Tencent Insidern zufolge den Rotstift an und streicht die Entwicklung eines eigenen „Metaversums“ zusammen. Insidern zufolge gibt das Unternehmen dabei die Entwicklung eigener Hardware zum Eintauchen in diese virtuellen Welten auf. „Im Rahmen der neuen Strategie des Unternehmens als Ganzes passte es nicht mehr so recht“, sagten mit der Angelegenheit vertraute Personen am …

2 years ago·Vienna, Austria

Read Full Article

Financial Post

Tencent scraps plans for VR hardware as metaverse bet falters

HONG KONG -- Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said.

2 years ago·Canada

Read Full Article

OAN

Tencent scraps plans for VR hardware as metaverse bet falters

By Josh Ye HONG KONG (Reuters) -Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse

2 years ago·San Diego, United States

Read Full Article

Indian Express

Tencent scraps plans for VR hardware as metaverse bet falters

The world's largest video game publisher had ambitious plans to build both virtual reality software and hardware at an "extended reality" XR unit it launched in June last year for which it hired nearly 300 people.

2 years ago·India

Read Full Article

The Print

Tencent scraps plans for VR hardware as metaverse bet falters

By Josh Ye HONG KONG (Reuters) - Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount

2 years ago·New Delhi, India

Read Full Article