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Meta is facing the test of its lifetime

Vox

Mark Zuckerberg’s avatar demoed at the company’s Connect event in 2022. In a memo to Meta’s staff also posted on social media, one of Meta’s top executives, CTO Andrew “Boz” Bosworth, reflected on Monday about the difficult moment the company is in. For comparison, Meta has sold an estimated 14.8 Meta has had a tough year.

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Why you should care about Facebook’s big push into the metaverse

Vox

It’s putting some of the brightest engineering minds in the world to work on this project, acquiring virtual reality and augmented reality companies, hiring over 10,000 people to work on it, and backing the initiative with tens of billions of dollars. The company is betting a lot on this concept succeeding.