Facebook’s turn to the metaverse continues to be messy. Meta’s Reality Labs division, which has hardware efforts and other fusion initiatives, will be cutting some of its projects, according to to Reuters. It’s not clear which projects will be affected, but Meta CTO Andrew Bosworth has told employees that the company can no longer take on some of the previously planned work and that others will be ” postpone”.
The news is the latest blow to Meta’s ambitious plans to reorient the company around virtual reality and the metaverse rather than its social network. Losing company on Actual Lab in 2021 and plan to hire in 2022 compared to previous years.
At the same time, the company seems to be moving on , the “premium” VR headset is expected this fall. Meta CEO Mark Zuckerberg New details about “color transfer technology” for the device will “allow developers to build mixed reality experiences on a whole new level.” The company also just opened its first facility outside of the actual Lab’s headquarters.
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