Meta said it’s shifting focus for Horizons Worlds to be “almost exclusively mobile” and that it will separate its Quest VR platform from the virtual world.
Bloomberg reports the company is accelerating three camera-equipped wearables to compete with Meta and OpenAI—with production starting as early as December.
The revenue milestone comes as Snap has added additional paid offerings outside of its core Snapchat+ subscription over the past year to diversify its revenue streams.