10 Years Ago Zuckerberg Bought Oculus to Outmaneuver Apple, Will He Succeed?
A decade ago Zuckerberg made a $2 billion bet. XR was the future of computing, he wagered, and in buying a little known startup called Oculus, Meta would beat Apple…
Meta Reaffirms Commitment to Metaverse Vision, Has No Plans to Slow Billions in Reality Labs Investments
Meta announced its latest quarterly results, revealing that the company’s Reality Labs metaverse division is again reporting a loss of nearly $4 billion. The bright side? Meta’s still investing billions into…
Meta Acquires 3D Lens Printing Firm Luxexcel to Bolster Future AR Glasses
Meta has acquired the Belgian-Dutch company Luxexcel, a 3D printing firm creating complex glass lenses for use in AR optics. As first reported by Belgian newspaper De Tijd (Dutch), the Turnhout,…