It’s been another busy week in AR+VR! In addition to keeping you up-to-date on the top AR+VR news, funding activity, and launch announcements, here are the three stories you need to know: VR Retail stats, iPhone rumors and Meta asset acquisition.
VR is expected to generate $1.8 billion for retail and marketing in the year 2022 according to a new report from PYMNTS.com.
Meanwhile, Bloomberg published a report which suggests that Apple is planning to launch an iPhone with powerful rear-facing 3D cameras as early as next year.
Finally, Meta's assets have been confirmed to be acquired by Israel-based Olive Tree Ventures, an early stage venture capital company.
Moodpod Creator LumiereVR Acquires VR Analytics Company RetinadVR (VR Focus)
Wannaby launches Wanna Kicks AR try-on sneakers app (TechCrunch)
NHL, NextVR partner on unique virtual reality experiences (NHL.com)
LA Clippers Launch 'Moneyball' Fan Competition in Augmented Reality (Cheddar)
Lancôme partners with Alibaba on AR game (Retail Dive)
8th Wall launches AR Camera for easy prototyping in WebAR (Next Reality)
Warby Parker launches new app update, lets users try on glasses using augmented reality (The Verge)
Madefire Comics App Launches on Magic Leap AR Headset (Variety)