The FTC has argued that Within’s Supernatural app is a direct competitor to Beat Saber, a popular VR rhythm game that some people use to work out. Zuckerberg up at night,” Law360 reported from the courtroom (later, Zuckerberg testified that he does not, in fact, lose sleep over VR fitness competitors). Meta is losing billions of dollars per quarter on its virtual reality projects, and investors have voiced concerns about Zuckerberg’s plans as the company’s revenue declines.ĭuring the seven-day hearing, one of the FTC’s witnesses, economic expert Hal Singer, said that “fitness is the linchpin to owning VR.” He went as far as to add that this is what “keeps Mr. As Meta struggles to realize its dreams of bringing VR into the mainstream, its corporate stock is plummeting while the company recovers from a layoff of 11,000 people, or 13% of its workforce. The hearing comes at a tenuous time in Meta’s corporate history. In July, the Federal Trade Commission (FTC) sued Meta in an attempt to block the deal, which the government agency alleges is anti-competitive.
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Zuckerberg said he believes that software makers will start making software in virtual reality before transitioning to augmented reality, and calls the two technologies "two sides of the same coin.Meta founder and CEO Mark Zuckerberg took the stand on Tuesday in a hearing about Meta’s acquisition of Within, the VR company that makes the fitness app Supernatural. It currently sells the Oculus 2, a $300 virtual reality headset. Facebook plans to release more advanced AR glasses as technology gets better.įacebook also develops virtual reality headsets which lack transparent displays through Oculus, which it purchased in 2014 for $2 billion. Zuckerberg's interview comes as the social media company plans to release a pair of smart glasses in partnership with Ray-Ban later this year, although he said they wouldn't be "full AR," which means they won't display advanced virtual objects. "People are just going to want to maybe travel a little less in the future and do it more efficiently, and be able to go places without having to take the travel or commute time." "We talked a little bit about climate change before just being so important," Zuckerberg said. Ultimately, AR could allow workers to live where they want, perhaps a less expensive region, and "basically teleport to work," Zuckerberg said. Zuckerberg says one advantage to AR-powered "teleportation" is that it could reduce travel or commute time. "There are going to be all these awesome use cases that come from this.rather than calling someone or having a video chat, you just kind of snap your fingers and teleport, and you're sitting there and they're on their couch and it feels like you're there together," Zuckerberg said. The ultimate vision years down the road, as Zuckerberg said on Monday, is a pair of normal-looking computer-powered glasses that can display content alongside the real world through transparent displays. Zuckerberg's remarks are notable because they represent a cohesive vision from an industry leader of what augmented reality technology can do for consumers, not just other businesses, and he identifies software that could be the hook to get people to buy and subsequently wear advanced computers on their face: virtual in-person communication. They're all competing to shape the next major computer interface after the smartphone and touchscreen. Most big technology firms, including Apple, Microsoft, and Google, are working on augmented reality technology, which overlays computer-generated graphics on images of the real world. But the more that we can teleport around, not only are we personally eliminating commutes and stuff that's kind of a drag for us individually, but I think that's better for society and for the planet overall, too," Zuckerberg said. "Obviously, there are going to keep on being cars and planes and all that. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower
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