Meta to shut down Workplace app for business

  • 📰 CBSHealth
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The business collaboration tool will be phased out over the next year as Meta focuses on AI and the metaverse.

Facebook-owner Meta said Tuesday it is shutting down its business-focused Workplace app to focus on artificial intelligence and metaverse.The company said it believes the AI and metaverse technologies it is developing 'will fundamentally reshape the way we work' as it winds down the Workplace product, an online collaboration tool aimed at corporate customers.

Workplace, which was introduced in 2016, enables file sharing among colleagues as well as provides a hub for a company's policies and documents, among other features. In 2021, the app had 7 million paid subscribers. The move to ditch the app comes as Meta invests billions in developing its metaverse and AI capabilities, while cutting thousands of jobs in other departments.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 480. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta Platforms Earnings: META sinks 10% on lower Q2 revenue guidanceThis must be 'opposites' week.
Source: FXStreetNews - 🏆 14. / 72 Read more »