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Facebook parent Meta winding down some non-core hardware projects By Reuters

by Reuters
November 11, 2022
in Stock Market
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© Reuters. FILE PHOTO: Morning commute traffic streams past the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, U.S. November 9, 2022. REUTERS/Peter DaSilva/File Photo

(Reuters) – Meta Platforms is exiting its Portal smart display business and will wind down work on smartwatch projects, executives said on Friday during an employee townhall meeting.



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