TikTok parent ByteDance is offering to pay developers who made virtual reality software for Meta Platforms to bring their apps to its Pico headsets, offering to pay some VR developers $15,000 to $25,000 per title, Salvador Rodriguez, Meghan Bobrowsky, and Jeff Horwitz of The Wall Street Journal reports, citing people familiar with the matter. This underscores the growing competition between the two companies in the virtual reality space. ByteDance and Meta are both working to lure software makers who can build apps and experiences that will draw in new users to virtual reality. Reference Link
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