Meta Platforms breaks up team working on VR/AR operating system - report
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Facebook parent Meta Platforms (FB
+0.2%) has broken up the team of hundreds that were working on new operating systems for its virtual reality and augmented reality devices, The Information reports.
A group of more than 300 employees had been tasked with a new OS for its VR/AR devices. Code-named XROS, it represented a stab at taking firm control of the code underlying the devices critical to the company's metaverse future.

Meta had halted development on the project late last year, though, sticking with an open-source version of Google's (GOOG, GOOGL) Android instead for the time being. Now it looks like the company is abandoning pursuing an alternative.
It also points to Meta trying to put a lid on costs and move faster toward the metaverse as the ad business struggles, the report notes.
In an event earlier this week, Meta CEO Mark Zuckerberg laid out the current focus of the company's investments in artificial intelligence to drive its next steps into the metaverse.