AltspaceVR to shut down amid layoffs at Microsoft’s mixed reality division

AltspaceVR to shut down amid layoffs at Microsoft’s mixed reality division

In a broad restructuring that saw Microsoft Corp. announce last week that it is laying off 10,000 employees, AltspaceVR, a virtual reality social platform, is shutting down.

AltspaceVR, a 2013 startup, converts two-dimensional web content into collaborative virtual workspaces. Users of the service are able to play games, stream videos, and collaborate entirely in a virtual reality setting. AltspaceVR announced in a blog post on Friday that it will shut down on March 10. The company said the decision had “not been an easy one.”

The AltspaceVR team stated, “This is a platform many have grown to love, offering a place for people to explore their identities, express themselves, and find community.”

Read More: AltspaceVR to close amid layoffs at Microsoft’s mixed reality division

For more such updates follow us on Google News TalkCMO News.

Previous articleConversational Marketing in 2024
Next articleMeta Upgrading the Terminology for Accounts Reached within Ad Campaigns