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Meta cuts jobs in Metaverse Silicon Unit

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Meta, the parent company of Facebook, is reportedly trimming its workforce in the metaverse silicon division, according to insider sources.

This move comes as Meta continues to face challenges and scrutiny in the metaverse space.

The metaverse silicon unit, responsible for developing hardware components for Meta’s ambitious metaverse plans, will see a significant reduction in staff. While specific numbers have not been confirmed, sources suggest that several hundred employees may be affected.

Meta’s decision to cut jobs in this division reflects the company’s need to reevaluate its metaverse strategy and allocate resources more efficiently. The metaverse project has faced technical hurdles and mixed public reception, prompting Meta to adjust its approach.

This restructuring follows Meta’s recent announcement of a new metaverse roadmap, which includes plans for improved hardware and software integration to enhance the metaverse experience for users.

The company aims to remain at the forefront of the metaverse revolution despite the challenges it has encountered. However, the decision to downsize its silicon unit suggests a reevaluation of priorities and a desire to streamline operations.

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AWS outage sparks business reputation risks

AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.

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AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.


A major Amazon Web Services outage highlights the dangers of relying on a single tech partner, with brands facing potential repetitional damage.

Darren Woolley from TrinityP3 discusses strategies to mitigate such risks.

#AWS #CloudComputing #TechOutage #BusinessRisk #TrinityP3 #BrandReputation #TechDependency #CloudStrategy


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Bitcoin’s weakness sparks market warning

Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.

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Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.


Bitcoin’s failure to rebound while other assets rally could signal deeper cracks in speculative markets.

Analysts warn it may foreshadow tougher times ahead.

#Bitcoin #Crypto #Markets #DavidScutt #StoneX #Investing #Fed #Inflation #Stocks #MarketWarning


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OpenAI launches Atlas to rival Google

OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.

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OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.


OpenAI has unveiled Atlas, an AI-powered browser built to challenge Google and reinvent how users search and interact online.

The launch marks a major shift in the future of web browsing.

#OpenAI #Atlas #AI #Technology #BradGastwirth #CircularTechnology #Google #SamAltman #ChatGPT #Innovation #TechNews


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