Economic news
Meta cancels plans for high-end mixed-reality headset, the Information reports
2024.08.23 11:54
(Reuters) -Meta Platforms has canceled plans for a premium mixed-reality headset intended to compete with Apple (NASDAQ:)’s Vision Pro, the Information reported on Friday, citing two Meta (NASDAQ:) employees.
Meta did not immediately respond to a Reuters request for comment.
The company told employees at its Reality Labs division to stop work on the device this week after a product review meeting, according to the report.
The axed device was internally code-named La Jolla and was scheduled for release in 2027, the report said. It was going to contain ultrahigh-resolution screens known as micro OLEDs — the same display technology used in Vision Pros.
