TikTok's Parent Company Isn't Done Yet With Those Pico VR Headsets

Rumors of the metaverse’s death overseas may have been a bit premature, even as headset-maker Pico seems to be in the doldrums of a rather anticlimactic year in VR. Word on the street was that ByteDance, the China-based company best known as the owner of TikTok, was looking to get out of the virtual reality game. ByteDance planned to eventually “abandon” Pico VR, according to research firm EqualOcean on Saturday.

Gizmodo reached out to ByteDance for comment and additional clarification, but we didn’t immediately hear back. ByteDance bought Pico, which at the time was the world’s largest VR headset maker, back in 2021. A year later, the company revealed its Pico 4 headset that was meant to compete directly with Meta in the cheap-to-midrange VR space.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alphabet earnings: What to expect from the Google parentAlphabet posts results after Tuesday’s closing bell
Source: MarketWatch - 🏆 3. / 97 Read more »

Snap earnings: What to expect from the Snapchat parentSnap reports third-quarter results after Tuesday’s closing bell
Source: MarketWatch - 🏆 3. / 97 Read more »