Odaily Planet Daily News Meta's metaverse entity Reality Labs, which focuses on augmented reality and virtual reality (AR and VR) products and services, has been asked to cut expenses in the coming years, according to The Information. The organization has been asked to reduce spending by 20% from now until 2026, with most of the cost reductions expected to take place this year. (Fortune)
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Meta metaverse entity Reality Labs has been asked to cut expenses in the coming years.
Odaily Planet Daily News Meta's metaverse entity Reality Labs, which focuses on augmented reality and virtual reality (AR and VR) products and services, has been asked to cut expenses in the coming years, according to The Information. The organization has been asked to reduce spending by 20% from now until 2026, with most of the cost reductions expected to take place this year. (Fortune)