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Tech industry
fromBusiness Insider
1 day ago

Meta is closing its VR workplace app amid Reality Labs layoffs

Meta will discontinue Horizon Workrooms on February 16, delete associated data, cut staff in Reality Labs, and shift investment and spending toward AI.
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Silicon Valley
from24/7 Wall St.
1 month ago

4 Years After Going All-In, Meta Platforms Is Finally Ditching the Metaverse

Meta is sharply cutting metaverse spending after massive Reality Labs losses, shifting focus toward AI and more promising technologies.
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