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It was then rebranded as the Meta Quest 2 in 2022, as part of a company-wide phase-out of the Oculus brand following the rebranding of Facebook, Inc. as Meta. It is an evolution of the original Oculus Quest with a similar design, but with a lighter weight, updated internal specifications, a display with a higher refresh rate and per-eye ...
Shares rose as high as $577 after market open before edging down 0.7%, or around $564, mid-morning. At Meta Connect 2024 on Wednesday, CEO Mark Zuckerberg unveiled Meta’s newest AI model, Llama 3.2.
Despite the market's dour mood on Friday, shares of Meta Platforms (NASDAQ: META) rallied, gaining as much as 3.1%. As of 3:03 p.m. ET, the stock was still up 1.9%. It was not one catalyst that ...
Why the stock could move even higher. Meta stock is arguably getting pricey at a price-to-earnings ratio of 29, but the company consistently beat earnings estimates in recent quarters, and it has ...
Oculus Touch is a line of motion controller systems used by Meta Platforms (formerly Oculus) virtual reality headsets.The controller was first introduced in 2016 as a standalone accessory for the Oculus Rift CV1, and began to be bundled with the headset and all future Oculus products beginning in July 2017.
The Meta Quest, initially the Oculus Quest until 2022, is a line of virtual reality headsets with augmented reality capabilities developed by Reality Labs, a division of Meta Platforms. The first-generation Oculus Quest was developed by Oculus (then a brand of Facebook, now a division of Meta Platform known as Reality Labs) and released on May ...
Meta shares tumbled as much as 19% in extended trading on Wednesday, wiping out more than $200 billion in market cap. The drop came despite Meta reporting better-than-expected profit and revenue ...
In 2024, leaks by Meta revealed an upcoming Quest model known as the Quest 3S, which is expected to be a low-end variant of the Quest 3 designed to supplant the Quest 2. [94] Quest 3s was unveiled on September 25, 2024, and released on October 15, 2024, as part of the third generation of the Meta Quest line, serving as a cheaper option for ...