Meta lays off Reality Labs employees even with many openings in the division

Embed from Getty Images

Meta laid off an unspecified number of employees within its Reality Labs division, which focuses on hardware and virtual reality. The layoffs impacted teams within its Oculus Studio, a.k.a. virtual reality gaming division, and Supernatural, a.k.a. the VR fitness app it acquired. The move is part of the company's broader restructuring effort within the division. It also follows a larger round of job cuts earlier this year, which also affected the Reality Labs team.

Click to read more ...

FuriosaAI rejects $800 million Meta acquisition offer

Photo: FuriosaAI

South Korean AI chip startup FuriosaAI has reportedly turned down an $800 million acquisition offer from tech giant Meta, according to local media reports. The decision stems from disagreements over post-acquisition business strategy and organizational structure, not financial terms.

Click to read more ...

Ray-Ban Meta Smart Glasses go high fashion with Coperni Limited Edition pair

Photo: Ray-Ban, Meta, Coperni

Ray-Ban and Coperni have teamed up to launch a limited-edition version of the Meta smart glasses, unveiled at Paris Fashion Week. The Ray-Ban Meta x Coperni Limited Edition glasses feature a translucent frame, grey mirrored lenses, and the Coperni logo, offering a high-fashion take on the classic Wayfarer design.

Click to read more ...

Meta taps former The RealReal CEO to enhance smart glasses retail experience

Photo: John Koryl

Meta hired John Koryl, former chief executive officer of luxury goods marketplace The RealReal, as its new vice president of retail. This move underscores Meta's plan to enhance the retail experience for its growing line of artificial intelligence-enabled hardware, including Quest headsets, Ray-Ban Meta smart glasses, and other upcoming wearables.

Click to read more ...