Meta Platforms stops VR/AR software operating system project: report

Facebook parent Meta Platforms Inc. FB, -3.67% has ceased development of a new VR/AR software operating system that employed more than 300 after four years, The Information reported Wednesday. The move could greatly impact Meta’s ability to pivot to becoming a major metaverse player. Meta quickly issued a statement via Gabriel Aul, its vice president of Reality Labs Engineering. “There are several technical directions we’re pursuing in our efforts to build @RealityLabs operating systems, we’re still working on a highly specialized OS for our devices – we remain very much invested in this work and continue to dedicate the resources necessary to build this,” Aul said in a tweet Wednesday.