Posted On: VR
Now that Samsung has officially launched its 360-degree camera, it’s also launching a site where you can upload your videos.
The site is called Samsung VR, and replaces Milk VR which was limited to ‘influencers’ in the VR space. In opening Samsung VR up to the masses, the company clearly thinks it can corner an exciting new market.
Samsung is naturally limiting the app to its devices, but claims it now offers an ‘end to end’ solution for VR.
Today Facebook posted in it’s 360 Video Blog that it has acquired Two Big Ears, a spatial audio technology company, for an undisclosed sum.
Now part of Facebook, Two Big Ears’ Spatial Workstation has been repackaged and rebranded as the free “Facebook 360 Spatial Workstation.” Two Big Ears says support for its paid licenses will be wound down in the next 12 months.
Here’s the meat of the announcement, from Facebook :
Starting today, our pipeline for cinematic VR and 360 video, including the authoring tools, encoder and rendering engine are available for free via download below. We’re excited to be able to continue developing great tools for a larger number of people across the world. 3Dception for Games will no longer be a separate product but we will be working with the Oculus team to combine our expertise and create best in class VR audio. Existing Pro customers will continue to receive support in accordance with your current agreement for the next 12 months.
This brings new audio expertise to Facebook and Oculus, but according to Two Big Ears, the audio toolkit “will continue to be platform and device agnostic” — and support for Windows is apparently still on the way.
Hip-hop dancers, military marchers and daredevils in winged suits are bringing China’s Internet titans into the world of virtual reality.These video stars have joined South Korean pop idols and animated fireflies as central players in a $1.1 billion global VR spending spree that’s being fueled by.
At least 200 startups are working in China’s virtual-reality industry, according to IQiyi.com Inc., a Baidu unit.
Baidu, Alibaba and Tencent—often referred to collectively as BAT—have a combined market capitalization larger than Israel’s gross domestic product, and they serve 688 million Internet users in China alone. China’s VR market is expected to reach 55 billion yuan in value by 2020 from 1.5 billion yuan last year, according to Guangzhou-based researcher iiMedia. Shares of Tencent rose 3.1 percent, the most in two months, in Hong Kong trading on Monday, while the U.S.-traded stock gained 4 percent. Baidu jumped as much as 4.2 percent in trading in New York, and Alibaba advanced 2.6 percent.
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Read More: http://www.bloomberg.com/news/features/2016-05-15/china-s-virtual-reality-market-will-be-worth-8-5-billion-and-everyone-wants-a-piece