Meta plans to lay off hundreds of metaverse employees this week
Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s metaverse employees, as reported by The New York Times. The layoffs are apparently a side effect of Meta’s AI ambitions, which are pulling focus away from its virtual reality division. According to the Times, Meta’s […]
StretchSense raises $2.3M to drive global expansion of XR training gloves
StretchSense, a wearable technologycompany that develops data capture gloves, has secured $2.3 million in fundingled by PXN Ventures, with support from Scottish Enterprise. The company has nowraised n…