Meta plans price hike for its virtual reality devices, internal memo shows

Tech Insider : Business
Mark Zuckerberg wearing sunglasses and a tux with a black shirt at an awards ceremony.
Mark Zuckerberg attends the 2025 Breakthrough Prize ceremony in Santa Monica, California.

Mario Anzuoni/REUTERS

Meta delays release of new mixed reality glasses code-named 'Phoenix' in order to 'get the details right'

Tech Insider : Business
Meta Connect 2024 holographic glasses Mark Zuckerberg
Mark Zuckerberg wearing holographic glasses at Meta Connect 2024

Meta

Meta CEO Mark Zuckerberg went all in on the metaverse. Now Reality Labs is facing big cuts.

Tech Insider : Business
Mark Zuckerberg
In 2021, CEO Mark Zuckerberg rebranded Facebook to Meta as part of his focus on the metaverse. Facebook

Facebook

How Mark Zuckerberg's old teaching assistant at Harvard rose to become Meta's CTO and a key lieutenant

Tech Insider
Facebook executive Andrew Bosworth is shown talking at an event
Andrew Bosworth joined Facebook, now Meta, in 2006 and has risen to become its chief technology officer.

Christian Charisius/picture alliance via Getty Images

It turns out Mark Zuckerberg does have a breaking point with spending on Meta's metaverse ambitions

Tech Insider
Mark Zuckerberg looking down whilst wearing a suit
Meta is reportedly tightening purse strings for its Reality Labs division.

Alex Wong/Getty Images

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