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YC and a16z back virtual reality basketball app Gym Class

TechCrunch

spending billions of dollars on virtual reality tech every fiscal quarter, the wider VR startup ecosystem has been having a tough few years coming down from the highs of 2016, when investors dumped money into the sector expecting Oculus-sized returns only to see most of their investments slowly wilt away. Despite Zuckerberg & Co.

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VUZ raises $20 million to scale its immersive social app

TechCrunch

VUZ , a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. The platform offers over 20,000 hours of content covering entertainment, creators, sports, and XR, VR, and AR experiences virtually anywhere in the world.

Social 232
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How 2 Australian sporting brands leverage human-centric digital innovation to drive new fan experiences in and out of the arena

CIO

Creating new revenue streams, identifying untapped audiences and better engaging fans onsite and all year-round are just some of the wins iconic Australian sporting events are chalking up thanks to human-centric digital innovation. Onsite, Infosys itself harnessed virtual reality in its fan zone activation.

Sport 235
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Skich’s new app brings social discovery to mobile game recommendations

TechCrunch

Users aren’t promised in-game rewards, virtual currency or anything else. Upon first launch, users simply tap on the categories of games they most enjoy — like board, adventure, card, casino, educational, strategy, word, racing, sports, casual, puzzle, and others. It’s just a recommendation. Image Credits: Skich.

Games 216
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Daily Crunch: Hackers pinched LastPass customers’ encrypted password vaults, parent company admits

TechCrunch

Carly writes that the company’s owner, GoTo, says hackers stole customers’ encrypted backups. If you like the great outdoors : Strava, the activity tracking and social community platform, acquired Fatmap, a 3D mapping platform for the great outdoors, to make that next hike a doozy, Paul reports.

Company 257
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Metaverse: The time for CIOs to experiment is now

CIO

Right now, the metaverse is essentially an undefined amalgam of technologies and concepts including but not limited to augmented reality (AR), avatars, blockchain, cryptocurrencies, extended reality (ER), mixed reality (MR), NFTs (non-fungible tokens), virtual reality (VR), and Web3. Follow the money. Emerging Technology

VR 360
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Emperia is helping brands like Bloomingdales build shopping experiences in VR

TechCrunch

Does the average person want to shop for apparel in virtual reality (VR)? Enter Emperia , an “immersive” retail startup that — to its credit — has already created virtual stores for brands including Bloomingdales, Dior, Ralph Lauren and Lacoste. A virtual store created with Emperia’s platform.

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