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 >
BT Group In Preliminary Talks With AT&T, Orange Over International Tie-Up Possibilities: Report
BT Group In Preliminary Talks With AT&T, Orange Over International Tie-Up Possibilities: Report
Mar 21, 2025
British multinational telecommunications giant BT Group ( BTGOF ) has reportedly approached AT&T Inc ( T ) and Orange SA ( FNCTF ) about possible partnerships. BT has approached major telecommunications companies about potential partnerships to revitalize its international business, Bloomberg reported Friday, citing people familiar with the matter. The discussions are still in the early stages, and the sources...
4 Analysts Assess NAPCO Security Techs: What You Need To Know
4 Analysts Assess NAPCO Security Techs: What You Need To Know
Mar 21, 2025
4 analysts have shared their evaluations of NAPCO Security Techs during the recent three months, expressing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 1...
Group of EU states seeks faster progress in chips industry
Group of EU states seeks faster progress in chips industry
Mar 21, 2025
THE HAGUE (Reuters) - Nine European Union countries are working to speed up plans to boost the bloc's computer chip industry and aim to present their proposals by the summer, one of the coalition's leaders said on Friday. The coalition, which includes Italy, France, Germany, Spain and the Netherlands, is doing homework for the new Chips Act, Dutch Economy Minister...
Exclusive-India's $23 billion plan to rival China factories to lapse after it disappoints
Exclusive-India's $23 billion plan to rival China factories to lapse after it disappoints
Mar 20, 2025
NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi's government has decided to let lapse a $23 billion program to incentivize domestic manufacturing, just four years after it launched the effort to woo firms away from China, according to four government officials.  The scheme will not be expanded beyond the 14 pilot sectors and production deadlines will not be extended...
Copyright 2023-2025 - www.financetom.com All Rights Reserved