Meta reportedly delays mixed reality glasses until 2027

Meta is developing new mixed reality glasses under the codename Phoenix, According to Business Insider – But their release date has been pushed from the second half of 2026 to the first half of 2027. Facebook’s parent company already sells vr headset And Ray-Ban Smart GlassesBut these glasses feel a little different; Their form factor…

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Meta reportedly plans to slash Metaverse budget by up to 30%

Meta Is Probably Planning to Make Serious Cuts at Its Metaverse Division, Bloomberg informedCiting unknown sources. Company executives are considering cutting the virtual reality platform’s budget by up to 30%, the report said, adding that any cuts would also include layoffs. If Meta moves forward with such a plan, the move would reflect a lack…

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Meta poaches Apple design exec Alan Dye

Alan Dye, the design executive who led Apple’s user interface team for the past decade, is leaving the company to join Meta, according to a report. report From Bloomberg’s Mark Gurman. This is an important appointment for Meta, as the company continues to push toward consumer devices. smart glasses and virtual reality headsets. Dye will…

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Meta wants to get into the electricity trading business

To accelerate the construction of new power plants needed to provide energy for its data centers, Meta is considering getting into the power trading business. Bloomberg report Meta and Microsoft are both seeking federal approval for electricity trading (Apple has already received this approval). According to Meta, this will allow it to make long-term commitments…

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Is Wall Street losing faith in AI?

A tough week for tech stocks could be a sign of investors’ loss of confidence in artificial intelligence. Wall Street Journal report The Nasdaq Composite Index was down 3% – making it its worst week ever President Donald Trump announces his sweeping tariff plan In April. Tech companies that have performed well this year were…

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