virtual reality News

Tech Update: AXA XL Launches Virtual Reality Training Solution for Risk Managers

AXA XL Risk Consulting announced the launch of AXA Immersive Solutions, an innovative training solution leveraging virtual reality (VR) and digital twin technologies. AXA Immersive Solutions gives AXA XL’s risk consultants access to a 3D model of a standard factory …

Meta Battles FTC Over Future of Virtual Reality

The Biden administration on Thursday accused Meta Platforms Inc. of trying to buy its way to dominance in the metaverse, kicking off a high-profile trial to try to prevent the Facebook parent from buying virtual reality app developer Within Inc. …

Strap on the Goggles. Employee Training Is Entering Virtual Reality.

The future of employee training involves no embarrassing role-playing in front of new colleagues or boring web modules which take an hour each to click through. For the next wave in workplace learning, get ready to strap on a pair …

Dallas Federal Court Cuts $500M Verdict in Facebook VR Lawsuit in Half

A federal court in Dallas on June 27 halved the $500 million verdict that a jury ordered Facebook Inc., its virtual reality unit Oculus, and others to pay ZeniMax Media Inc., a video game publisher that alleged Oculus stole its …

5 Winners Receive $10K Each in Ohio Opioid Science Challenge

Virtual reality, neural feedback and digital therapy were among five ideas to help solve the U.S. opioid crisis that won a global technology challenge in Ohio on Jan. 30. Winners were selected from hundreds of ideas submitted by researchers, caregivers, …

Texas Mutual Virtual Reality Safety Training Module Wins Innovation Award

Workers’ compensation insurer, Texas Mutual Insurance Co., announced it has accepted the Strategy Meets Action (SMA) Innovation in Action Award for its development of Safety in a Box, which uses virtual reality (VR) technology for workplace safety training. The Innovation …