• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, October 10, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Tech

TikTok’s parent company is gearing up to invest a lot of money in VR

by Disha Mitra
June 13, 2022
in Tech, Trending
Reading Time: 2 mins read
0
TikTok logo depicted

Source: the Verge

TwitterWhatsappLinkedin
A phone screen depicting TikTok logo
TikTok parent company ByteDance gearing up to invest a lot of money in VR
Source: Days Tech

TikTok’s parent company ByteDance is reportedly getting serious about getting into VR- virtual reality space, according to a report released this week. An individual familiar with the matter informed concerned reporters about ByteDance planning to investing a lot of money for the development related VR content.

You might also like

Ukraine Strikes Yandex Data Centre in Russia, Disrupting Services for Millions

Netflix Layoffs Expected as Streaming Giant Faces Growth Concerns, Stock Decline

Trump Bought Up to $5 Mn in SpaceX Bonds Days Before Easing Space Rules

Clearly, this appears like a large section of investment of the TikTok parent company going into hiring. As the reports suggest, more than 40 job listings that came up on Pico, the Chinese VR headset maker ByteDance took over last year. Most of the openings are reportedly for Pico Studios’ branches based in the west coast in California and Washington. Mainly, these openings are in the range of a game operation manager to a head of VR game strategy. Additionally, the other positions open are suggestive of increased focus on Pico’s VR hardware, which includes a systems design electrical engineer and an optical engineer.

Additionally, the reports points Pico’s listing of head of consumer sales as a potential indicator that the VR headset maker is hoping to set up a presence in the US. Specifically, the job description shows how the candidates would be ‘responsible for the sales and marketing’ of the company’s total product  in the American consumer market.

Pico clearly still has a lot of growing to do:

With a long way to go for Pico, ByteDance, on the other hand, certainly has the bandwidth to provide the push it requires to compete with the group of mainstream headsets offered in the US by PlayStation, Meta, HTC and Valve. Pico’s flagship all-in-one headset launched in Europe in May, Pico Neo 3 and cost 449 euros ($472)

Evidently, Pico’s specs are quite similar to that of the 256GB Meta Quest 2 which costs $399 (contrary to the $299 variant worth 128GB). Both the headsets have the same storage 1832×1920 resolution at each eye, with the Snapdragon XR2. The Neo 3 Link, on the other hand, comes with an extra headset strap, which is the 256GB Meta Quest 2. Along with it, a DisplayPort connected instead of USB-C which enables provision for a improved image quality when connecting the headset to your PC.

Clearly, it appears like the Neo 3 link is looking to become that in-between choice for users who are not looking to spend $999 on the Valve Index or $799 HTC Vive Pro 2. Additionally, it is also looking for something that offers different from the Meta Quest 2.

Tags: ByteDanceChinametaverseTech newsTikTokVirtual Reality
Tweet54SendShare15
Previous Post

Do Kwon allegedly liquidated $2.7B from Luna ecosystem in 3 years

Next Post

Summer Game Fest Will Be In-Person Event For 2023

Disha Mitra

Recommended For You

Ukraine Strikes Yandex Data Centre in Russia, Disrupting Services for Millions

by Ishaan Negi
October 10, 2026
0
Ukraine Strikes Yandex Data Centre in Russia, Disrupting Services for Millions

Ukraine struck and partially disabled a major data centre operated by Russian technology company Yandex on Friday, October 9, marking the second attack on the company's infrastructure in...

Read more

Netflix Layoffs Expected as Streaming Giant Faces Growth Concerns, Stock Decline

by Ishaan Negi
October 10, 2026
0
Netflix Doubles Down on India with Major Hyderabad Office Expansion

Netflix is preparing for a fresh round of layoffs, with reports suggesting that the streaming giant could significantly reduce its workforce amid growing pressure to accelerate growth and...

Read more

Trump Bought Up to $5 Mn in SpaceX Bonds Days Before Easing Space Rules

by Ishaan Negi
October 10, 2026
0
Trump Bought Up to $5 Mn in SpaceX Bonds Days Before Easing Space Rules

US President Donald Trump purchased up to $5 million worth of bonds issued by SpaceX in August, just two days before launching an initiative to accelerate commercial space...

Read more
Next Post
Summer Game Fest 2023

Summer Game Fest Will Be In-Person Event For 2023

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech Tech news technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?