"Meta's Head Of Augmented Reality Software Stepping Down" - Reuters News
Portfolio Pulse from Benzinga Newsdesk
Don Box, Meta's VP of Engineering and head of augmented reality software, is stepping down for personal reasons. His departure raises concerns about Meta's progress on its AR glasses project, including the development of a custom operating system. Meta plans to deliver a first generation of AR glasses by next year for internal use and select developers, with consumer shipping targeted for 2027. Despite this, Meta's CTO Andrew Bosworth has acknowledged challenges in bringing AR products to market. Meta has also faced difficulties in building custom silicon for AR/VR products, leading to layoffs in its Reality Labs custom silicon unit FAST last month.

November 17, 2023 | 8:32 pm
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Don Box's departure as head of AR software at Meta could signal potential delays or issues in the AR glasses project, which is a significant part of Meta's future product pipeline. The news may concern investors about the company's ability to meet its AR development goals.
The departure of a key engineering leader from Meta's AR project could lead to concerns about potential delays or setbacks in the development of the AR glasses, which are a critical part of Meta's strategy. This news may negatively impact investor sentiment in the short term, as leadership changes can often lead to uncertainty about project continuity and execution.
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