ByteDance’s Oculus rival Pico has laid off hundreds of people and halted aggressive expansion TechCrunch

ByteDance's Oculus rival Pico has laid off hundreds of people and halted aggressive expansion  TechCrunch

Image credit: Pico 4 When Pico launched its Oculus Quest competitor in China last year, it did so with great optimism. Released by the ByteDance-owned manufacturer, the lightweight (295g) and affordable ($420) VR headset was expected to tap into a market inaccessible to Meta. Chance was against Pico. Sales have been slow, and this week …

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ByteDance’s Oculus rival Pico has laid off hundreds of people and halted aggressive expansion TechCrunch

ByteDance's Oculus rival Pico has laid off hundreds of people and halted aggressive expansion  TechCrunch

When Pico launched its Oculus Quest competitor in China last year, it did so with great optimism. The lightweight (295g) and affordable ($420) virtual reality headset released by the ByteDance-owned manufacturer was expected to tap into a market inaccessible to Meta. Chance was against Pico. Sales have been slow, and this week Pico, which was …

Read more