TikTok’s Parent Takes On Meta in Battle for Virtual-Reality Market

📆 12/02/2023 19:15:00
📰 WSJ

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Pico’s virtual-reality headset shipments have jumped in the last two years, turning it into a small but fast rising No. 2 to Meta in the global market

ByteDance Ltd., the China-based owner of TikTok, is starting to snare market share in the virtual-reality headset space that Meta Platforms Inc.

hasTwo years ago, ByteDance bought Pico, a Chinese startup that makes VR headsets. That launched a new front in the Chinese company’s competition with Meta , whose Instagram and Facebook services have been battling for users and advertising dollars against TikTok as the short-video app soared in popularity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

You mean “China”?

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Parent company behind popular dating apps launches worldwide safety campaignThe parent company behind several popular dating apps is launching a worldwide safety campaign to stop romance scams.
Source: CBSNewYork - 🏆 268. / 63 Read more »