Meta closed the project to create a smart watch, the novelty was supposed to compete with the Apple Watch

We have already written more than once that Meta is developing a branded smartwatch. It seems that we should not wait for the release of the new product.

Here's What We Know

According to Reuters, the corporation decided to close the project due to budget cuts. All employees, who were previously engaged in the development of the watch will be transferred to the department to create augmented reality glasses.

Rumors about the development of Meta smart watches appeared in 2021. The novelty was planned to to compete with the Apple Watch. The watch was supposed to have a Fitbit-style design, two cameras, an Android operating system, a heartbeat sensor, and the ability to track steps, sleep, and quickly post content to Facebook, Instagram, and WhatsApp.

Incidentally, in addition to shutting down the smartwatch project, Meta is also going to lay off 11,000 employees in the coming days.

Source: Reuters