Meta, cutting of projects to focus on viewers and metaverse

(ANSA) – MILAN, 10 JUN – Meta, the parent company of Facebook that has decided to bet everything on the metaverse, is downsizing the work of Reality Labs, the most innovative division of the group. Several product and project cuts cited in a report from The Information website. Among these there would be the first version of augmented reality goggles, expected in 2024, and the new version of Portal, the line of smart speakers already on the market and competitors of the Amazon Echo, which would become a product for companies and no longer for consumers. endings. An area, that of professional use, which Meta would have chosen also for the first generation of AR glasses, which would then be followed by the successors with the code name Artemis, to be launched on the market not before the end of 2024. The changes in the policies of development of Reality Labs come at a delicate moment for Meta. The American giant is in fact facing a slowdown in revenue growth, which has led the company to block hiring in some divisions. If the development of the goggles provides for a more complex finalization path, as also demonstrated by the case of Apple which despite the numerous rumors about software and hardware has not yet presented anything, the downsizing of Portal suggests the half failure behind the launch of the speaker with touch screen and Alexa. Portal has faced a bumpy road since arriving in 2018, always staying one step behind Amazon and Google’s solutions. Meta’s decision to market it only as a corporate product is in line with the group’s recent efforts in promoting its products and services also for remote work, given the compatibility of the smart speaker with platforms such as Zoom and Microsoft Teams.

(HANDLE).

Source: Ansa

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