Ubisoft is ceasing game development at Red Storm Entertainment, the long-running studio behind Assassin’s Creed Nexus VR (2023). According to an internal memo viewed by GamesIndustry.biz, Ubisoft is ...

30-year-old studio downsized permanently.

Meta is reportedly cutting 10% of Reality Labs employees, which equates to approximately 1,500 jobs lost. One report suggests the cuts only affect VR hardware, OS development, and Horizon Worlds ...

GameSpot may get a commission from retail offers. It's unclear how long Meta will continue to fund VR game development, which could be a meaningful hit to the industry, given its publishing branch was ...

Lowpass newsletter. “It is a pretty rough time for the game industry.” Meta Reality Labs director of games Chris Pruett did not mince words when he returned to GDC for his annual talk on the state of ...

Evolution founder Kevin Joyce thinks that although the "era of massive investments" is over, Meta's refocus to mobile could ...

Valve has finally revealed a few key requirements games should aim for if they plan on running on the upcoming Steam Frame ...

A new virtual reality experience in Philly wants to fully immerse gamers in its fictional worlds. Sandbox VR, a national chain of gaming centers, opened its 60th location in Rittenhouse Square on ...