The agency is seeking to block Meta's acquisition of Within. Attorney Richard Hoeg and analyst Lewis Ward weigh in.
According to analyst Lewis Ward, operating losses at Reality Labs and a potential recession are behind the decision.
The studio is set to double its workforce and has multiple VR and AR projects in development.
The news comes as the company's value drops, but demand for AR solutions grows.
Tracing Firesprite's lineage highlights its strong history with Sony.
Resolution CEO Tommy Palm talks to GameDaily about the studio's priority for the funding, the current state of VR, and how the studio is positioning itself as a leader in the industry.
Odd Raven's Carly and the Reaperman to be the first game to benefit from the new initiative.