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Global sales of AR and VR headsets like Microsoft's HoloLens 2 dropped by nearly a quarter last year, continuing a trend that has seen interest fall off for the once promising technology.
While Microsoft’s layoffs will result in a $1.2 billion charge, equal to about $ -0.12 per share, Ives says the move was prudent. “I view it as a proactive, smart move that we’re going to ...
The layoffs hitting the gaming industry are largely the result of a handful of trends coalescing. The chief overarching issue comes down to publishers and developers overspending throughout 2021 ...
After shedding workers in sweeping layoffs in late 2022 and early 2023, many tech companies are taking a more methodical, department-by-department approach to making cuts.
Its flagship device, Microsoft HoloLens, was announced at the "Windows 10: The Next Chapter" press event on January 21, 2015. [2] The HoloLens provides an augmented reality experience where a live presentation of physical real-world elements is incorporated with that of virtual elements (referred to as "holograms" [a] by Microsoft) [3] [4] [5] such that they are perceived to exist together in ...
The cuts represent about 8% of the overall Microsoft Gaming division and will mostly happen at Activision Blizzard. Blizzard President Mike Ybarra and Chief Design Officer Allen Adham are also ...
Mixed Reality Toolkit (MRTK) is an open-source software development kit (SDK) developed by Microsoft in 2016 for the development of mixed reality (MR) and augmented reality (AR) software applications. [1] [2] It consists of a collection of components and features designed to enhance the mixed reality user and developer experiences. [3]
Microsoft’s layoffs have been among the most high-profile, ... More than 11,500 people in the video game industry have lost their jobs in 2024. That’s more than the entirety of 2023 (10,500 ...