PANews reported on January 12th, citing a report from The New York Times, that three employees familiar with the matter stated that Meta Platforms (META.O) is consideringPANews reported on January 12th, citing a report from The New York Times, that three employees familiar with the matter stated that Meta Platforms (META.O) is considering
Meta plans to cut investment in its Metaverse team and redirect funds to its VR glasses business.
PANews reported on January 12th, citing a report from The New York Times, that three employees familiar with the matter stated that Meta Platforms (META.O) is considering layoffs in a branch of its Reality Labs division that works on the "metaverse" business, potentially starting as early as next month, affecting 10% to 30% of the team's employees. This team is primarily responsible for VR headsets and VR-based social networks. Reality Labs comprises the Metaverse and Wearables divisions. Sources indicated that management expects to redirect the savings from the layoffs to an AR glasses project. Meta launched AR glasses in 2021 in partnership with Ray-Ban, and sales have exceeded the company's internal targets. The sources stated that Meta is reassessing its Metaverse investments, and within the Metaverse division, executives are considering significant reductions in VR-related positions.
Market Opportunity
Victoria VR Price(VR)
$0,004081
$0,004081$0,004081
USD
Victoria VR (VR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Microsoft Corp. $MSFT blue box area offers a buying opportunity
The post Microsoft Corp. $MSFT blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC + WXY correction $MSFT 8H Elliott Wave chart 9.04.2025 In the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06 This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend. $MSFT 8H Elliott Wave chart 7.14.2025 The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 – 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 – 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction. Conclusion In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/microsoft-corp-msft-blue-box-area-offers-a-buying-opportunity-202509171323
Share
BitcoinEthereumNews2025/09/18 03:50
Bhutanese government transfers 343.1 Bitcoins and may deposit them again on CEX
PANews reported on September 18 that according to Onchain Lens , the Royal Government of Bhutan has transferred 343.1 bitcoins (approximately US$ 40.18 million) to a new wallet and is expected to deposit the funds into a centralized exchange ( CEX ) as in the past.
Share
PANews2025/09/18 17:22
GitHub Copilot Gets Smarter With Context Engineering Techniques
The post GitHub Copilot Gets Smarter With Context Engineering Techniques appeared on BitcoinEthereumNews.com. Peter Zhang Jan 12, 2026 23:03 GitHub reveals
Share
BitcoinEthereumNews2026/01/13 09:29