Meta Platforms has joined forces with Zoom on a standalone app for Meta Quest headsets that lets you initiate or take video calls appearing as a virtual avatar. Unlike the Quest app launched by Zoom in 2023, the new app does not restrict use to Meta’s Horizon Workrooms nor require a paid Zoom subscription to facilitate meetings. Meta says that now “any free or paid Zoom license” can set up meetings or simply participate in them using Meta Quest 3, Quest 3S, Quest Pro, and Quest 2 headsets. Available now at the Meta Horizon Store, the Zoom app for Meta Quest lets you join a meeting with total VR immersion or see your surroundings in an augmented reality experience using Passthrough mode. Continue reading Zoom and Meta Unveil Standalone App for Quest VR Meetings

Sprint is reportedly meeting with five different banks, including JP Morgan, Goldman Sachs and Deutsche Bank, to expedite its bid for rival T-Mobile. Insiders say that Sprint, which is owned by Japan’s SoftBank, hopes to finance much of T-Mobile’s estimated $50 billion price with corporate bonds. The remaining amount would likely be covered by syndicated loans and convertible bonds. Sprint, which is also working to ease regulatory concerns regarding the deal, is expected to make a formal offer by June or July. Continue reading Sprint in Talks with Banks to Fund Acquisition of T-Mobile

Last week we reported that Verizon Communications had scheduled a board meeting to discuss the possible acquisition of Vodafone’s 45 percent stake in Verizon Wireless, a deal that would be the second-largest acquisition on record and potentially lead to additional mergers across the global telecom industry. Vodafone confirmed late yesterday that terms of the deal call for Verizon to pay $130 billion. If approved by both boards, the deal could be announced as early as this afternoon. Continue reading Deal Update: Vodafone and Verizon Agree on Financial Terms