Nokia created the Ozo spherical camera to get into the virtual reality market without having to compete with head-mounted devices like the Oculus Rift. Alas, things didnt go as well as the company wanted despite not having to compete with a plethora of VR goggles — its halting Ozos development and cutting up to 310 jobs in the process. Nokia said the the slower-than-expected development of the VR market forced it to optimize its investments in virtual reality, and the rig happen…Read more
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