Pico, the Oculus competitor from ByteDance, has halted its aggressive expansion plans and laid off hundreds of employees. - Virtual reality | TechCrunch
ByteDance’s Oculus challenger Pico lays off hundreds, halts aggressive expansion
Pico, a Chinese virtual reality headset manufacturer, launched a lighter and cheaper alternative to Oculus Quest with hopes of boosting adoption in a market that Meta couldn't reach. However, Pico's sales have been disappointingly slow. To read the full story, please visit the source, TechCrunch.