In 2016, a Goldman Sachs report predicted that AR/VR sales could reach $182 billion by 2025. Now, New York City, home to at least seven virtual reality centers, is committing $6 million to a 15,000-square foot space in the Brooklyn Navy Yard that will serve as a “hub for virtual reality and augmented reality.” The de Blasio administration says the hub will create more than 500 jobs. One of the existing centers, VR World, is equipped with a bar and dance music and lets users sky dive, rock climb or wield a samurai sword. Continue reading New York City Invests $6M in Augmented, Virtual Reality Hub

Samsung plans to release two new PC products in the upcoming weeks: The company’s ATIV Book 9 Plus is a $1,399, 13.3-inch ultrabook featuring a 3,200 x 1,800 Gorilla Glass qHD+ display, which the company claims offers the “highest resolution in the world.” In addition, Samsung’s ATIV Tab 3 measures a mere 0.32-inches thick and weighs only 1.28 pounds. The $700 tablet features a 10.1-inch, 1,366 x 768 resolution display and boasts up to seven hours of battery life. Continue reading Samsung Readies ATIV Ultrabook and Tablet for U.S. Launch