Nokia pulls the plug on the Ozo VR camera, will lay off up to 310 employees

Nokia Technologies has announced that it will be reducing its investments in VR due to "slower-than-expected development of the VR market," and this means putting an end to its Ozo VR camera. While Nokia will fulfill its commitments to customers who have already purchased the camera, the company explains that it will not develop future versions of Ozo.

Nokia revealed the change of plans in a statement yesterday, in which the company also detailed a business restructuring plan that includes...

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