🎮 Meta shuts down Ready at Dawn Studios, acquired in 2020, known for VR games like Lone Echo and Echo VR. This move aligns with new budget constraints for Reality Labs. #Meta#VRGames#RealityLabs
Meta's Reality Labs reported Q2 revenue up 28% YoY to $353M, slightly below the $371M estimate, with an operating loss of $4.48B, better than the $4.55B estimate. Reality Labs has accumulated losses of around $50B since 2020. #Meta#RealityLabs#EarningsReport
Isn't Meta Horizon OS just Android? It's surreal that companies like Microsoft, Asus, Lenovo... Will be dependent on an OS developed by Meta which is dependent on an OS developed by Google which is dependent on the Linux kernel.
Lost In Immersion Ep. #53 🌐 How does WebXR perform on Apple Vision Pro and Meta Quest 3? 🎂 Happy birthday, Meta’s Reality Labs! 👉 https://bit.ly/3PXnLbN#WebXR#Meta#RealityLabs
Today, I had the fantastic opportunity to try "Butterscotch," a VR headset prototype by Meta's Reality Labs, and its most impressive feature, the Varifocal. 👇 1/6 #VR#Varifocal#Butterscotch#Meta#RealityLabs#Innovation
»#Meta is planning to lay off employees in the unit of its #metaverseoriented #RealityLabs division focused on creating custom silicon, two sources told Reuters.« www.reuters.com/technology/m... #Metaverse #VirtualWorlds #VR #AR #MR
Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two sources familiar with the matter told Reuters on ...
»#MarkZuckerberg’s #Metaversemeltdown: #Meta’s #RealityLabs has lost $21 billion in roughly 18 months.« https://fortune.com/2023/07/27/metaverse-losses-meta-earnings-q2-2023-mark-zuckerberg/?Metaver.se #Metaverse #VirtualWorlds #VR #AR #MR
But Zuckerberg says he’s still fully committed.
Meta's layoffs leave some ex-employees feeling 'better about being done' #markzuckerberg #realitylabs #meta #yahoofinance #sherylsandberg #flattening ➡️ Now on https://biztoc.comhttps://finance.yahoo.com/news/metas-layoffs-leave-some-ex-employees-feeling-better-about-being-done-152848451.html