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Meta pulls plug on plans for high-end Vision Pro competitor

According to The Information, Meta had already started developing the La Jolla headset in November but told employees to stop working on the device this past week. The decision was due in part to the fact that the La Jolla headset would’ve used pricey MicroOLED displays. IMR reached out to Meta for comment but did not receive an immediate …

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‘More restrictive policy’ may still be needed

Andrew Bailey, governor of the Bank of England, waits to deliver a lecture at the London School of Economics in London, UK, on Tuesday, May 21, 2024.  Bloomberg | Bloomberg | Getty Images Bank of England Governor Andrew Bailey will hail the progress made in dampening inflation in the U.K. in a Friday speech, but also caution that monetary policy …

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