Meta Platforms announced a 30 % reduction in its investment in the metaverse, in addition to a 10 % global spending cut.
The announcement has raised concerns among employees, as these actions could translate into layoffs as early as January.
It is estimated that the unit most affected by this…
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Meta works on new mixed reality glasses
A new generation of mixed reality glasses appears to be the project Meta Platforms owner Mark Zuckerberg is currently working on.
In a recent video, he gives details about manufacturing a new generation of mixed reality glasses, which for…
Meta Platforms makes its first bond issue
Meta Platforms, the parent company of Facebook, confirmed to the United States Securities Market Commission (SEC) the start of a placement of unsecured preferred bonds among institutional investors, in which it represents the company's…