Meta is looking to cut costs by downsizing and says it will have fewer staff members in 2023 than this year. The company has experienced rapid growth in recent years, which has been stifled due to the present economic downturn and other factors. More: - As of September 2022, Meta had approximately 87,314 employees compared to 71,720 at the end of 2021.
- Once Facebook Inc. rebranded itself as Meta, it split the company into the Reality Labs division, which includes the company’s VR headsets, and the Family of Apps division, which hosts Facebook, Messenger, Instagram, and Whatsapp.
- The Reality Labs division lost $3.7B in Q3 2022, and Meta’s stock dropped over 73% YoY.
- Meta CEO Mark Zuckerberg asserts that the company will shift its business strategy toward more lucrative areas, including its AI Discovery Engine and advertising and business messaging platforms.
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Liberland, an unofficial country located between Serbia and Croatia, is looking to gain recognition as an independent nation and will start its journey in the metaverse. The small seven-square-kilometer territory is currently processing 700,000 citizenship applications. More: - Liberland is collaborating with U.K.-based Zaha Hadid Architects to launch a virtual platform that enables the microstate's citizens to network and partner within the Web3 industry.
- Visitors can see and enter buildings, including a city hall, a plaza, and an exhibition center.
- While Liberland is not a formally recognized nation, it does have a president, Vit Jedlička, who claims to be a Libertarian and envisions Liberland as a country that embodies the best aspects of the U.S. republic, Swiss democracy, and Singaporean meritocracy.
- Patrik Schumacher, Principal Architect at Zaha Hadid, refers to his Liberland project as "no less real than the physical reality in our cities."
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 A message from LAIKA If you’re trying to close deals, SOC 2 is probably a thorn in your side. What is it, and who cares? Your business needs SOC 2. But building compliance from scratch is complicated, time-consuming, and the cost can be crippling. Laika has you covered. Uncomplicate SOC 2 with our guide for growth-minded founders. In the guide by Laika you’ll learn: - What is SOC 2 compliance and why it matters for your startup
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Nvidia and Autodesk brought NVIDIA CloudXR and Autodesk VRED to the Amazon Web Services (AWS) cloud platform in October. More: - Autodesk VRED is a 3D product visualization and visual prototype software designed to assist with the development of product presentations, design reviews, and real-time visual prototypes.
- NVIDIA CloudXR is powered by NVIDIA RTV technology and is a streaming platform for VR, AR, and MR.
- The launch of these two technologies on the AWS cloud platform enables users to create high-quality immersive XR experiences.
- These technologies can be applicable to gaming, healthcare, engineering, and other fields.
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Palmer Luckey, entrepreneur and founder of Oculus VR, has developed a VR headset called "NerveGear" that supposedly kills the user if they die in a VR game. The new headset is said to contain a photo sensor that detects when a person dies based on the game-over screen displayed. More: - Once the user dies virtually, the headset is programmed to "instantly destroy" their brain.
- The technology has not yet been perfected, but Luckey says he wants to make it impossible to take off or break the headset so that the user stays in virtual reality forever.
- There are concerns that the headset's technology could malfunction and kill someone at the wrong time.
- Luckey says he has not yet attempted to use the "NerveGear" headset out of fear.
- The headset is intended to be "just a piece of office art" rather than an actual gaming device.
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 A message from APIS COR Invest in The Company Automating Construction Apis Cor’s mission is to empower America’s home builders with robotic systems to build more durable homes quickly and affordable. Why Apis Cor? - Industry-leading experience building the world’s biggest and best 3D printed buildings.
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- Fourth-generation 3D printing technology with a proven record of unmatched performance.
- Backed by Alchemist Accelerator and At One Ventures VC founded by Google-ex and BASF-ex.
- Earlier this year, Apis Cor raised $1.2m on equity crowdfunding.
- We deployed our robots to build the largest 3D-printed building on Earth (Guiness World Record) and the first commercially permitted building in America building in Boca Chica, TX.
- Apis Cor won top awards at NASA's Mars Habitat Challenge.
- The construction 3D printing market is projected to continue growing exponentially and hit $40 Billion by 2027
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Professional falconer Paul Klima strapped an Insta360 RS camera to the back of an eagle as it took flight around the Neuschwanstein Castle in Germany. The video has received over 22,000 likes on Instagram. More: - The aim of the footage, Klima says, is to provide a virtual flight experience from a first-person perspective in a scenic location.
- Disney’s Sleeping Beauty castle was modeled after this one, which is situated on a nature preserve in Southwestern Bavaria.
- Klima had originally thought of the idea to film atop an eagle in 2007, but there were no cameras small enough at the time. However, technology has developed substantially since then, thus helping his idea come to fruition.
- The Eagle POV 360 can also be viewed on YouTube.
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Amazon is partnering with Snap to provide an AR shopping experience that allows Snapchat users to virtually try on eyewear. The partnership will provide Snapchat’s 360 million user base with access to new sunglasses, reading glasses, and seasonal eyewear. More: - Snap boasts partnerships with a range of major brands, including Walmart, Chanel, Puma, American Eagle, Ulta Beauty, and more.
- Snap claims that brands can leverage its Lens Web Builder platform to create AR shopping lenses.
- Snapchat users can access the AR shopping experience via the @amazonfashion profile, and eyewear can be purchased directly through the Amazon mobile app.
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Quick Hits: *This is sponsored content.
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 |  | Isabel Guerriera is an Inside Freelance Writer and Editor currently living in Madrid, Spain. Isabel is originally from Brooklyn, New York, and holds a BA degree in Journalism and Public Relations from SUNY New Paltz and a MA in TESOL Education from CUNY Hunter. Her areas of interest are startups, space exploration, international politics, and climate science. Some of her favorite ways to spend her free time include hiking, traveling, reading, and writing fiction/poetry. |  | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
Laika is a unified compliance platform that automates workflows for audits, infosec monitoring, and vendor due diligence in a single, collaborative space. | |
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