Microsoft is scaling back the mixed reality group that manufactures its five-year old headset, the HoloLens 2, in the latest sign that the technology is failing to live up to its promise.
The untethered device that retails starting at $3,500 first hit the market in 2019, a full five years before the similarly priced Apple Vision Pro. Facebook founder Mark Zuckerberg was so convinced devices like it would be the future of the social media giant that he renamed his company Meta in late 2021 and since sunk $45 billion into its Reality Labs division.
