'A Meta Spark Update; Meta Spark's Platform Of Third Party Tools And Content Will No Longer Be Available Effective January 14, 2025'
Portfolio Pulse from Benzinga Newsdesk
Meta has announced the shutdown of its Meta Spark platform for third-party AR tools and content, effective January 14, 2025. This move is part of Meta's strategy to focus on products that better serve future consumer and business needs. AR effects owned by Meta will remain available.
August 27, 2024 | 2:58 pm
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Meta is shutting down its Meta Spark platform for third-party AR tools and content by January 14, 2025, to focus on products that align with future consumer and business needs. Meta's own AR effects will remain available.
The decision to shut down Meta Spark's third-party AR tools is a strategic move by Meta to focus on its core products. While this may not have an immediate impact on Meta's stock price, it reflects a shift in strategy that could influence investor perception. The continuation of Meta's own AR effects suggests a focus on proprietary content.
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