Meta vs. ByteDance: VR as the Next Social Media Battleground | Tech News Briefing | WSJ

ByteDance, the parent company of TikTok, is rapidly growing its share of the global market for virtual-reality headsets. That puts it squarely in competition with Facebook parent Meta. The two are already battling for social-media users and ad dollars.

WSJ tech reporter Meghan Bobrowsky joins host Zoe Thomas to discuss why ByteDance’s rise poses such a threat to Meta.

Photo: Ross D. Franklin/Associated Press

0:00 ByteDance buys Chinese startup Pico
1:10 What are people saying about Pico’s headsets?
2:25 What is Meta’s VR headset Quest like?
4:03 What does Pico’s new metaverse mean for Meta’s Horizon Worlds?
4:50 How TikTok and Meta are battling for users and advertisers
6:00 What is the difference in price and characteristics between Pico and Meta's headsets?

Tech News Briefing
WSJ’s tech podcast featuring breaking news, scoops and tips on tech innovations and policy debates, plus exclusive interviews with movers and shakers in the industry.

#VR #TikTok #WSJ