Meta strikes deal with Tencent to sell VR headset in China
Meta Platforms has struck a deal with Tencent Holdings to sell a new, low-cost virtual-reality (VR) headset in China, as it tries to return to a market where Facebook and Instagram remain blocked, the Wall Street Journal reported on Thursday. The preliminary deal will make Tencent the exclusive seller of Meta's headset s in China, the Journal said, citing sources, adding that the Chinese video Game maker will start selling the headset beginning late 2024. The report did not mention the potential price of the headset. Facebook, along with Twitter, were blocked by Beijing in mid-2009 following deadly riots in the western province of Xinjiang that authorities say were abetted by the social networking sites. The VR deal gives Meta a chance to return to the Chinese market and com Pet e with TikTok-owner Bytedance, which makes the VR headset Pico. Meta's Quest is currently the bestseller in the nascent VR space. The company unveiled the next generation mi...