Friday, December 2, 2022
HomeTechnologyMark Zuckerberg is just not stepping down as Meta CEO: That is...

Mark Zuckerberg is just not stepping down as Meta CEO: That is what the corporate has to say

Meta just lately laid off greater than 11,000 staff which have been 11% of the corporate’s complete workforce. The Fb guardian famous that the step was taken to chop discretionary spending. Following this, a media report claimed that CEO Mark Zuckerberg would himself step down from the submit subsequent 12 months. Nevertheless, a spokesperson has termed the report ‘false.’
Replying to a tweet which contained the unique story of Zuckerberg stepping down because the CEO of the corporate in 2023, Meta spokesperson Andy Stone stated the information “is fake.”

What does the report say?
A report in The Leak claimed that the stress has been mounting on the highest government over the way forward for the corporate on account of heavy funding in metaverse — Zuckerberg’s multi-billion greenback challenge. The challenge is the rationale why the corporate noticed important losses over the past two years. The report additionally claimed that Zuckerberg’s resignation “won’t have an effect on the metaverse.”

Actuality Labs working losses
Final month, Meta CFO Dave Wehner famous that the corporate is just not giving up on the metaverse challenge regardless of it having suffered big losses within the final two years. Reviews recommend that Meta misplaced about $10 billion in 2021 and it has misplaced over $9 billion in 2022 up to now.
Actuality Labs misplaced $3.7 billion in Q3 2022. The chief additionally stated that Actuality Labs’ working losses in 2023 will develop considerably year-over-year.
Meta Quest Professional and Meta Quest 3
Lately, Meta CEO Mark Zuckerberg confirmed that the corporate will launch the next-generation Quest in 2023. Firm CFO Whener additionally famous that the corporate’s “subsequent era of the buyer Quest headset” will launch “later subsequent 12 months. Actuality Labs is a Meta-owned enterprise that produces digital actuality and augmented actuality {hardware} and software program, together with digital actuality headsets comparable to Quest. Meta additionally launched its next-generation Quest Professional blended actuality headset.

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