financetom
Technology
financetom
/
Technology
/
Meta rebuffs Google's virtual reality tie-up proposal, The Information reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Meta rebuffs Google's virtual reality tie-up proposal, The Information reports
Mar 4, 2024 10:47 PM

March 1 (Reuters) - Meta Platforms ( META ) decidedagainst a partnership with Alphabet to use Google'sAndroid XR platform for its virtual and mixed-reality Questheadsets, The Information reported on Friday.

Google had suggested that Meta partnered with its newsoftware platform that is being developed for virtual reality,augmented reality and mixed-reality headsets, the report said,citing a source involved in the talks.

But such a partnership could thwart Meta CEO MarkZuckerberg's plan to "own the next computational platform forAR, VR and mixed reality," according to the report.

Meta is already talking to hardware companies, includingSouth Korea's LG Electronics, about building new VRdevices using Quest's software, the report said, quoting unnamedMeta employees.

Meta and LG Electronics did not respond to Reuters requestfor comment, while Alphabet declined to comment.

Meta's Quest devices currently run on an open-source versionof Google's Android operating system, the report said.

Apple ( AAPL ) released its mixed reality headset Vision Prolast month.(Reporting by Yuvraj Malik in Bengaluru; Editing by AnilD'Silva and Shinjini Ganguli)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
The Analyst Landscape: 9 Takes On Teradata
The Analyst Landscape: 9 Takes On Teradata
May 7, 2024
9 analysts have expressed a variety of opinions on Teradata ( TDC ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
Decoding ServiceNow's Options Activity: What's the Big Picture?
Decoding ServiceNow's Options Activity: What's the Big Picture?
May 7, 2024
Financial giants have made a conspicuous bullish move on ServiceNow ( NOW ). Our analysis of options history for ServiceNow ( NOW ) revealed 22 unusual trades. Delving into the details, we found 50% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $273,338, and 16...
Jim Cramer Calls Nutanix 'The Perfect Enterprise Software Company For The Moment'
Jim Cramer Calls Nutanix 'The Perfect Enterprise Software Company For The Moment'
May 7, 2024
On CNBC's “Mad Money Lightning Round,” Jim Cramer described Quanta Services ( PWR ) as “so good” and a “terrific” company. On May 2, Quanta Services ( PWR ) posted better-than-expected quarterly results. “I think that the cycle could be turning against them,” Cramer said about CVR Energy, Inc ( CVI ). . “Let's be very careful, CVR.” On April...
The Latest Analyst Ratings For SMART Glb Hldgs
The Latest Analyst Ratings For SMART Glb Hldgs
May 7, 2024
Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on SMART Glb Hldgs in the last three months. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...
Copyright 2023-2025 - www.financetom.com All Rights Reserved