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Augmented and virtual reality to grow to $150B by 2020

Augmented and virtual reality to grow to $150B by 2020

The augmented reality and virtual reality markets have yet to get off the ground. But market advisor Digi-Capital estimates that the combined markets will reach $150 billion by 2020. Digi-Capital managing director Tim Merel believes that augmented reality — where you...

Nokia’s $60,000 VR Camera Goes on a Drone Test Flight

Nokia’s $60,000 VR Camera Goes on a Drone Test Flight

At 9.3 pounds, Nokia’s Ozo VR camera is impressively compact. Not only can the device be handheld if need be, but it can also take to the skies as a drone payload. We’ve got the first look at Ozo’s take-off. Given that Nokia is soon to offer a camera handle for Ozo,...

Pro Drivers Go Headset-to-Headset in VR Race

Pro Drivers Go Headset-to-Headset in VR Race

In a race that fuses video-game technology and real world driving skill, two professional drivers, on two separate but identical tracks, have raced against each other while wearing virtual reality headsets attached to their crash helmets. The race, which took place on...

Can Facebook’s Oculus make virtual reality a reality?

Can Facebook’s Oculus make virtual reality a reality?

Palmer Luckey hoped to demonstrate the "joy" of virtual reality when he posed on the cover of Time magazine last month. Luckey -- a Thomas Edison-esque figure thanks to Facebook's $2 billion buyout of his startup Oculus last year -- floats above a beach wearing VR...

Valve’s VR headset is here

Valve’s VR headset is here

HTC has just announced the Vive, a virtual reality headset developed in collaboration with Valve. It will be available to consumers later this year, with a developer edition coming out this spring. The company has promised to have a significant presence at the Game...

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