Oculus was a virtual reality company founded by Palmer Luckey. It was acquired by Facebook, now known as Meta, for $2 billion in cash and stock. Virtual reality has been a major initiative for Meta.

Meta currently offers two VR headsets, the Quest 2 and the Quest Pro. In June, the company announced it will release the Quest 3. More details are expected at the Meta Connect conference in September.

Like its predecessors, Quest 3 will be able to plug into high-end gaming PCs to play top PC VR titles. Meta might have largely abandoned PC VR, but it’s not ready to pull the plug completely. A ...