Meta plans to release four new augmented reality and virtual reality products in the next four years, The Verge reported, citing an internal company meeting. The report is the most complete picture yet of Meta’s technical roadmap for AR/VR devices. Its first new product is the Quest 3, a third-generation version of its popular Quest headset, which will be two times thinner and at least twice...
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Sequoia Capital China Buys Discounted Stake in Prominent E-Commerce App
Sequoia Capital China recently acquired a stake in Chinese social e-commerce app Xiaohongshu from existing investors at a discount to the company’s most recent equity financing valuation, according to three people with knowledge of the matter. Sequoia China, which is preparing to separate from Silicon Valley’s Sequoia Capital next year, bought the Xiaohongshu shares earlier this...
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