News Summary

Meta has announced a delay in the release of its mixed reality glasses, codenamed Phoenix, pushing the launch from the second half of 2026 to the first half of 2027. This decision, revealed in internal memos and reported by Business Insider, suggests that Meta aims to ensure a more polished and reliable product. The glasses are expected to have a format similar to Apple’s Vision Pro, featuring a puck-like power source. Meta’s executives, including Gabriel Aul and Ryan Cairns, emphasized that the delay would provide the company more time to refine the product. Additionally, Bloomberg reported that Meta plans to cut its metaverse budget by up to 30%.