7+ hour, 36+ min ago   (422+ words) Meta reportedly laid off 1,500 people from its Reality Labs division, which is the home of its virtual and augmented reality business. The layoffs amount to 10% of the division's staff, The Wall Street Journal (WSJ) reported Wednesday (Jan. 14). "We said last…...

1+ mon, 1+ week ago   (413+ words) Meta executives are reportedly considering cutting as much as 30% of the budget of the company's metaverse group amid a shift of resources toward artificial intelligence. The proposed cuts are part of Meta's annual budget planning for 2026, and they could lead…...

3+ mon, 1+ week ago   (378+ words) The Vision Pro itself, released in 2024 at $3,499, has not achieved the momentum Apple hoped for. Bloomberg reports that executives have acknowledged its shortcomings in private, citing cost, weight, and a limited app ecosystem, and described parts of the device as…...

3+ mon, 4+ week ago   (401+ words) Chinese hardware manufacturer Goertek is reportedly tightening its grip on the supply chain around Meta's artificial intelligence-powered smart glasses, even as Meta tries to expand its supply chain outside China. Goertek has taken control of optical device manufacturer Shanghai OmniLight…...

4+ mon, 4+ day ago   (352+ words) Amazon is reportedly developing augmented reality (AR) glasses for consumers and for delivery drivers. The company aims to launch the consumer product late next year or early in 2027 and the delivery driver one as soon as the second quarter of…...

4+ mon, 2+ week ago   (460+ words) Meta reportedly plans to introduce its new smart glasses at next month's "Connect" conference. Those glasses, Meta's first to feature a consumer-ready display, will be announced at the annual conference along with a wristband that lets users control the glasses…...

4+ mon, 3+ week ago   (404+ words) Meta is reportedly set to unveil smart glasses that incorporate a display in September and offer them at a price starting at $800. The new smart glasses, internally named Hypernova, were initially planned to be priced at $1,000, at least, but will…...

5+ mon, 2+ week ago   (264+ words) EssilorLuxottica, which partners with Meta on artificial intelligence (AI) glasses, reported Monday (July 28) that the sales of those Ray-Ban Meta glasses were up more than 200% in the first half of the year. The designer, manufacturer and distributor of vision care…...

6+ mon, 8+ hour ago   (454+ words) That's according to a'report'Monday (July 14) from The Information, citing three sources with direct knowledge of the Chinese company's efforts. As the report notes, this shows ByteDance following the efforts of Meta, which is working on a similar device scheduled to…...

6+ mon, 3+ week ago   (435+ words) Payments platform Alipay says it has made the world's first-ever smart glasses-embedded e-wallet payment. The company, part of China's Ant Group, announced the transaction Thursday (June 19), noting it was conducted in partnership with electronics firm Meizu. "Users are able to…...