Meta has halted development of a smartwatch with two built-in cameras, Bloomberg reports. The device — codenamed “Milan” — had reportedly been planned for release in spring 2023 at a price of around $349. Technical issues, as well as general cost-cutting at Meta, are reportedly to blame for the cancellation. The existence of the watch had previously been reported by The Verge last year.

Most smartwatches, including the Apple Watch, currently don’t feature any cameras at all, so Meta had hoped that the presence of not one but two cameras could have differentiated its wearable in a competitive market. The first would have been a 5-megapixel front-facing camera contained within a small display notch for use with video calls, while a...

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