03:14 PM EDT, 08/28/2024 (MT Newswires) -- Meta Platforms ( META ) is working on a new mixed reality device, internally code-named Puffin, that looks like a pair of goggles, albeit a bit chunkier, the Information reported Wednesday, citing two Meta employees.

The project aims to create a more user-friendly alternative to Meta's current heavy headsets, which has seen limited consumer adoption, the report said.

Mixed reality combines augmented and virtual reality, displaying digital images in real world or virtual backdrops, according to The Information.

Meta did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 518.33, Change: -0.77, Percent Change: -0.15