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.
Virtual Event Platform ‘Wave’ Returns to VR with Pico Partnership, Calvin Harris Concert to Debut Jan 13th
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.
Pico 4 Shipments Delayed in Europe Due to High Global Demand
Pico released its standalone VR headset Neo 3 Link this summer, marking its first real push to launch a consumer device outside of Asia.
Report: The Owner of TikTok is Considering Buying One of China’s Leading VR Headset Makers
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.”