Reality Labs
-
techMeta Acquires Limitless, AI Pendant Maker, to Dominate Wearables
Meta acquires Limitless, maker of a $99 AI pendant that records and transcribes conversations, to bolster its Reality Labs division.
-
techMeta to Test AI Pendant, Targets 10 Million Wearable Sales in 2026
Meta plans an AI pendant, "Wearables for Work" service, and aims for 10 million device sales by late 2026 to boost its hardware division after quarterly losses.
-
techMeta Cuts 1,395 Jobs in King County as AI Pivot Accelerates
Meta is laying off 1,395 employees in Washington State, part of a larger restructuring that has cut 8,000 jobs globally as the company shifts resources toward artificial intelligence.
-
techMeta Axes 8,000 Jobs, Pivots 7,000 to AI
Meta Platforms cuts 8,000 jobs and reassigns 7,000 to AI roles, with $145B infrastructure spend planned. A major strategic shift from the metaverse.
-
techMeta Cuts 14,000 Jobs in Pivot from Metaverse to AI
Meta lays off 8,000, cancels 6,000 hires, and redirects billions to AI infrastructure, abandoning its metaverse vision.
-
techMeta to Cut 8,000 Jobs This Week in Efficiency Drive
Meta Platforms is laying off 8,000 employees this week, part of CEO Mark Zuckerberg's 'Year of Efficiency' initiative.
-
techMeta's Reality Labs Posts $4B Q1 Loss Amid AI Strategy Pivot
Meta's VR/AR unit posts another steep loss as the company shifts to a closed-source AI model amid US-China competition.
-
techMeta Shares Slide 6% After Hours Despite Earnings Beat
Meta beats Q1 estimates but shares fall on higher capex guidance and a user decline, spooking investors.