Acquisition of the Zurich-based stratup has stirred a discussion about Apple's augmented reality efforts.
Reports claim the app is being made for both Android and iPhones.
OnePlus 2, the much awaited successor of OnePlus One is officially releasing on July 27, the company announced. To make the launch more dramatic, OnePlus will be going Virtual Reality way, ditching traditional style of product launches.
Matterport, a technology company that lets people explore houses virtually has secured $30 million in Series C funding, led by the investment arm of tech giant Qualcomm.
Oculus VR has no plans to prevent the adult entertainment industry from using its Rift virtual reality headset, according to a recent report. The virtual reality headset is set to launch as a consumer product in the first quarter of 2016.
Facebook is on a hiring spree and there could be many reasons. Virtual reality job openings are listed on Facebook's career page site and the company recently hired much of the design team from Teehan + Lax, the firm behind the blogging platform Medium.
