virtual reality

Virtual reality is a simulated experience that can be similar to or completely different from the real world. Applications of virtual reality can include entertainment and educational purposes. Other, distinct types of VR style technology include augmented reality and mixed reality.

Source: en.wikipedia.org

Facebook Name Change to Reflect Metaverse Move
Facebook Name Change to Reflect Metaverse Move
October 20, 2021  |  Facebook

Facebook is reportedly planning to unveil a rebranding that includes a name change to better reflect the company’s move toward developing a metaverse, an unnamed...

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Etsy Marketplace Offers Sneak Peek of Handmade Goods in Shoppable Virtual Home
Etsy Marketplace Offers Sneak Peek of Handmade Goods in Shoppable Virtual Home
September 29, 2021  |  Retail

The question: “How will this artwork look in my dining room?” can now be answered with Monday’s launch of The Etsy House, an interactive experience...

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Clothing Rental Emerging, VR Keeps People Shopping, JCPenney’s Second Chance for Consumers
Clothing Rental Emerging, VR Keeps People Shopping, JCPenney’s Second Chance for Consumers
September 02, 2021  |  Today In Data

Virtual reality is one way retailers can keep people in their shopping centers longer. Plus, JCPenney may be getting into the BNPL game soon, and...

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Gap Tackles ‘Fit Friction’ With Acquisition Of Virtual Try-On Company Drapr
Gap Tackles ‘Fit Friction’ With Acquisition Of Virtual Try-On Company Drapr
August 26, 2021  |  Retail

Gap Inc. has acquired eCommerce startup Drapr as part of the company’s increasing focus on digital sales, an initiative that helped boost the San Francisco-based...

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Walmart Buys Virtual Try-On Firm Zeekit In ‘Game-Changer’ For AI In Fashion
Walmart Buys Virtual Try-On Firm Zeekit In ‘Game-Changer’ For AI In Fashion
May 13, 2021  |  Retail

In the face of rising online sales and increased social commerce, Walmart said on Thursday (May 13) that it will acquire virtual fitting room firm...

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The Metaverse Takes Its Next Leap Toward The Mainstream
The Metaverse Takes Its Next Leap Toward The Mainstream
April 30, 2021  |  Innovation

The metaverse has its latest nightlife hotspot for gaming enthusiasts, as a new Atari-themed casino is opening its doors in the digital space. Get the...

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Virtual Land Parcels Selling For Millions In Real Dollars
Virtual Land Parcels Selling For Millions In Real Dollars
March 19, 2021  |  Real Estate

Want to own a piece of virtual reality real estate? You may need to get in line. As Bloomberg reported on Friday (March 19), property...

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Snap Buys UK Tech Startup Ariel AI, Signaling Push Into AR
Snap Buys UK Tech Startup Ariel AI, Signaling Push Into AR
January 26, 2021  |  Partnerships / Acquisitions

Artificial intelligence (AI) technology company Ariel AI has been acquired by Snap. Ariel AI had been concentrating on a type of AI called computer vision,...

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Goldman Sachs Thinks Beauty-Tech Firm Perfect Corp. Looks Lovely
Goldman Sachs Thinks Beauty-Tech Firm Perfect Corp. Looks Lovely
January 19, 2021  |  Retail

Alice Chang has worked as an investment banker, and helped take a company called CyberLink to a successful initial public offering (IPO) and eventual $8.5...

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