In the wake of the overhaul’s cancellation, the company will be pursuing a more modest product update — possibly called the “Rift S” — to be released as early as next year, which makes minor upgrades to the device’s display resolution while more notably getting rid of the external sensor-tracking system, sources tell us. Instead, the headset will utilize the integrated “inside-out” Insight tracking system, which is core to Facebook’s recently announced Oculus Quest standalone headset.
In the article it talks about cancelling Rift 2. That was big news last week, but Facebook said they are still working on future versions of Rift.
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