Last week, Meta was in the news for its large layoffs. One of the biggest layoffs in the company's history resulted in the laying off of 11,000 employees. The company's products are also affected by the layoffs.
According to a recent report, Facebook is getting out of the smart display business The company's executives confirmed the news at an employee town hall meeting.
Meta confirmed in June that it would stop making new consumer-oriented Portal devices and instead make them only business-focused devices. The update concludes that this could be an end to the whole business of portal devices.
In June, Meta's first smartwatch, codename "Milan," was also scrapped. Meta is seemingly abandoning its plans to take on the best Smartwatch and Wearables in the market, despite the fact that Facebook planned to take on the best Smartwatch and Wearables in the market.
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The first look of the alleged device was leaked back then. There were two cameras, a 5MP and a 12MP, on the alleged Wearable.
The two other watches that Meta has been working on are not the only ones. One was in an early stage while the other was in the middle.
It's sad to see Meta killing products, especially after producing great hardware like the Portal+. It would have been fascinating to see how the devices from Facebook would have looked.
It's understandable why Meta had to pull the plug on these devices, given the company's recent dip in revenue.
Despite seeing huge losses in revenue, Meta's augmented reality game is still on point, as it is not killing all the hardware products. It's no surprise that it released Quest Pro, which our Nicholas Sutrich thought was very good in terms of hardware, given its high price.
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