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As we expected, Meta has begun laying off more than 1,000 employees from its Reality Labs division, which focused on virtual reality and metaverse products, Bloomberg reports. The company will refocus on developing wearables, like its recent batch of AI-powered Ray-Ban smart glasses, according to a memo from CTO Andrew Bosworth.
The news isn't too surprising. Reality Labs has lost more than $70 billion since the beginning of 2021, and while Meta has done a solid job of delivering desirable consumer VR headsets and smart glasses, that business hasn't been nearly profitable enough to justify the cost. And of course, Mark Zuckerberg's huge gamble on the metaverse, which involved renaming the company from Facebook to Meta in 2021, has gone nowhere.
According to Bloomberg, Meta's metaverse plans will now focus on mobile devices, which could mean a combination of its future wearables as well as existing mobile apps. "With the larger potential user base and the fastest growth rate today, we are shifting teams and resources almost exclusively to mobile to continue to accelerate adoption there," Bosworth wrote in a memo to staff this morning.
Meta isn't dumping its VR headset plans entirely, but according to Bosworth the VR divion will "operate as a leaner, flatter organization with a more focused road map to maximize long-term sustainability." Basically, don't expect a Quest 3 follow-up anytime soon.
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Samsung has introduced a new batch of discounts across its most popular monitors and TVs this week, with notable markdowns on products like The Frame and the Smart Monitor series. These deals have all been applied automatically on Samsung's website, and many match all-time low prices on these products.
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For selection and affordability, Ikea will be hard to beat for Matter-compatible smart home sensors and lighting in 2026.
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Apple and Google have confirmed that Gemini's models power the new version of Siri and other generative AI features. CNBC broke the news, but Apple and Google soon followed up with a lengthy joint statement. Here's part of it: "Apple determined that Google's Al technology provides the most capable foundation for Apple Foundation Models… Apple Intelligence will continue to run on Apple devices and Private Cloud Compute, while maintaining Apple's industry-leading privacy standards."
In June, it was reported that Apple was considering partnerships with OpenAI and Anthropic for Siri (the voice assistant can currently tap ChatGPT for certain queries as part of Apple Intelligence). Two months later, Google emerged as a contender. Another report suggested Apple might build the new Siri using a custom version of Gemini — and that it would pay Google around $1 billion a year for the privilege. However, no official deal numbers were shared.
It's also notable that current iPhones have direct access to OpenAI's ChatGPT. But how long for?
— Mat Smith
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Apple emerged as the global smartphone market leader in 2025, capturing a 20% market share with 10% year-over-year shipment growth - the highest among the top five brands, according to data released today by Counterpoint Research.
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The annual CES tech event kicks off this week, with all kinds of companies showing off new products that are going to launch throughout 2026. Unsurprisingly, AI is the theme of this year's show, and almost everything you can think of is getting an artificial intelligence upgrade.
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