Meta’s divestment into extended reality (XR) technology follow a mixed Q1 earnings report, where it saw profits fall by 26 percent. Meta’s share decline came from a $10 billion profit loss caused by increased research and development (R&D) spending in its Reality Labs division. The refocus does not appear to affect the production of Project Cambria, the firm’s upcoming virtual and mixed reality (VR/MR) headset. Get a sneak peek of what mixed reality experiences will be like on Project Cambria, our next VR headset. Mixed reality will blend the physical world with the virtual — think fishing 🎣 under your living room floor or playing chess♟️with your friend’s avatar at your coffee table.

Source: Libya Today June 10, 2022 14:00 UTC