Gamescom 2022: New challengers to the fore as traditional players scale back
Omdia analysts discuss key trends at Gamescom 2022 including the reduced presence of key console players, accelerating interest in the role advertising is poised to play in the games industry, and ByteDance’s rise to prominence in gaming and VR.
August 26, 2022
Despite uptick in revenue, Meta's Reality Labs posts $2.8 billion loss
Revenue for the VR and metaverse-minded Reality Labs division rose by around $150 million from where it was a year ago, but Meta's heavy investments in its dream of a virtual future pull the division's income into the red.
July 27, 2022