AltspaceVR is a virtual reality social network, which hosts different events like Presidential debate-watching parties and stand-up comedy. It is now a part of Microsoft after witnessing a drop in funding from the July of 2017. The team of AltspaceVR is now joining Microsoft to save the community. Microsoft has shown a deep interest in saving the existing community, which uses AltspaceVR to stay connected with their acquaintances. Even after this acquisition, AltspaceVR will continue working on Mac and PC in 2D mode, Oculus Rift, HTC Vive, Samsung Gear VR, and daydream by Google.