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Report: TikTok Parent Lays Off Hundreds at VR Subsidiary Pico Interactive, Tencent Scraps VR Plans

ByteDance, News, Pico, pico 4, Pico Interactive, pico layoffs, Pico VR, pico xr, tiktok / via roadtovr on February 17, 2023

News, pico 4, Pico, Pico Interactive, Pico VR,

TikTok parent company ByteDance is reportedly laying off what South China Morning Post maintains will be “hundreds of employees” working at its VR headset manufacturing subsidiary, Pico Interactive.

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Virtual Event Platform ‘Wave’ Returns to VR with Pico Partnership, Calvin Harris Concert to Debut Jan 13th

calvin harris, News, Pico, pico 4, Pico Neo 3, Pico VR, pico xr, the wave, virtual concert, VR Concert, VR Event, wave, wavexr / via roadtovr on January 5, 2023

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Wave, the virtual event production company known for putting on a ton of VR concerts a few years back, actually deprecated VR support for its app back in early 2021 to focus on streaming its brand of digital concerts to traditional platforms.

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Pico 4 Shipments Delayed in Europe Due to High Global Demand

News, Pico, pico 4, pico 4 delay, pico 4 pro, Pico Interactive, pico neo 4, Standalone VR Headset, VR Headset / via roadtovr on October 18, 2022

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Pico released its standalone VR headset Neo 3 Link this summer, marking its first real push to launch a consumer device outside of Asia.

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Pico 4 & Pico 4 Pro Standalone VR Headsets Spotted in FCC Filing

ByteDance, News, Pico, pico 4, pico 4 pro, Pico Interactive, pico neo 4, pico neo 4 pro, Pico VR, Standalone VR Headset, VR Headset / via roadtovr on July 25, 2022

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Pico Interactive, the VR hardware subsidiary to Chinese tech giant ByteDance, is apparently getting ready to release a new series of standalone VR headsets.

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Report: The Owner of TikTok is Considering Buying One of China’s Leading VR Headset Makers

ByteDance, bytedance vr, News, Pico, Pico VR, tiktok, vr industry / via roadtovr on August 27, 2021

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ByteDance, the Chinese parent company of social media app TikTok, is reportedly considering purchasing Pico, one of China’s leading VR headset makers

In a move that in some ways parallels Facebook’s acquisition of Oculus in 2014, TikTok parent company ByteDance is looking to buy Pico—the VR headset maker behind headsets like the standalone Neo 3 and G2 4K—according to a report by Bloomberg citing a source “familiar with the matter.”

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