TikTok’s parent firm is planning to invest heavily in virtual reality

Pico still has a long way to go, but ByteDance has the resources to help it compete with the handful of popular headsets supplied by Meta, HTC, Valve, and PlayStation in the United States. The Pico Neo 3 Link, the company’s flagship all-in-one headset, was released in Europe in May and costs €449 (about $472 USD).