![]() ![]() More documents are expected to be shared daily over the coming weeks. The reports show that the company is aware of many of the harms its apps and services cause but either doesn't rectify the issues or struggles to address them. The re-branding comes amid a barrage of news reports over the past month after Frances Haugen, a former employee turned whistleblower, released a trove of internal company documents to news outlets, lawmakers and regulators. Zuckerberg said "we still have a ways to go with Nazare, but we're making good progress." The glasses are "still a few years out," the company said in a blog post. Meta also announced the code name of its first fully AR-capable smart glasses: Project Nazare. Project Cambria will be released next year, Zuckerberg said. The device will be a high-end product available at a higher price point than the $299 Quest 2 headset, the company said in a blog post. "We believe the metaverse will be the successor to the mobile internet," Zuckerberg said.Īdditionally, Meta announced a new virtual reality headset named Project Cambria. Zuckerberg said a lot of this is a long way off, with elements of the metaverse potentially becoming mainstream in five to 10 years. The company expects "to invest many billions of dollars for years to come before the metaverse reaches scale," Zuckerberg added. The demo included users hanging out in space as cartoon-like versions of themselves or fantastical characters, like a robot, that represent their virtual selves. Zuckerberg used part of it to accuse other tech firms of stifling innovation with high developer fees. The demo was a Pixar-like animation of software the company hopes to build some day. Zuckerberg on Thursday provided a demonstration of the company's ambitions for the metaverse. The company also said this week it'd spend about $10 billion over the next year developing the technologies required for building the metaverse. ![]()
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