Meta introduced its Connectivity department in 2013 and explored a couple of techniques to supply “free” web to other folks, together with with the assistance of Facebook Aquila — an experimental solar-powered drone evolved via the corporate that aimed to beam the web to far flung portions of the arena.
Meta connectivity restructuring
As in line with reviews via Light Reading and Fierce Wireless publications, Meta shall be restructuring the department with staff being redistributed to the “Infra” and “Central Products” groups inside of Meta.
As in line with the publications, the corporate plans to proceed running with telecom ecosystem companions and take part within the Telecom Infra Project (TIP) introduced at Mobile World Congress (MWC) in Barcelona in 2016 with an purpose to broaden requirements for quite a lot of telecom applied sciences.
The building is part of restructuring within the corporate after Meta CEO Mark Zuckerberg introduced that he was once letting move over 11,000 staff thereby lowering the dimensions of the corporate via about 13%
Zuckerberg’s metaverse guess
Earlier this 12 months, an organization government mentioned that Meta anticipates Reality Labs Operating losses in 2023 will develop considerably year-over-year. Reality Labs is a Meta-owned trade that produces digital fact and augmented fact {hardware} and device.
Reports recommend that Meta reportedly misplaced greater than $9 billion via October 2022 which was once just below the $10 billion it misplaced in 2021.
Meanwhile, the corporate remains to be making a bet large on Metaverse. The corporate just lately introduced its flagship Quest Pro headset and hinted that the corporate’s “next generation of the consumer Quest headset” will release “later next year.”
In truth, Zuckerberg additionally referenced the “next generation of our consumer Quest headset” all through the traders’ name.