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Welcome to Tech News Briefing. It's Tuesday, August 8th. I'm Zoe Thomas for the Wall Street Journal.

Meta, the parent company of Facebook and Instagram, wants to be more than a social media company.

It has big plans to dominate the virtual world known as the Metaverse. And to do that,

it needs hardware that people can use to do their online shopping, working, and hanging out.

But one of Meta's key devices isn't taking off the way it hoped. Our reporter Salvador Rodriguez

will join us to explain the trouble with Meta's Ray Band stories.

But first, Tesla's chief financial officer Zach Kirkhorn has stepped down. Kirkhorn was known

for translating CEO Elon Musk's vision into reality and seen as a possible successor to Musk as head

of the company. The surprise move comes ahead of the launch of Tesla's cyber truck pickup coming

out later this year. It's the company's first new passenger car release in more than three years.

Kirkhorn will be replaced by Tesla's current chief accounting officer.

Parents in China have the government on their side when it comes to screen time limits for their

kids. The country's top internet regulator, the cyber space administration of China,

announced draft guidelines last week that require device makers to put time limits on

internet use for miners. The rules would also require app operators to have different

types of content for kids of different ages. The regulators said the new requirements were meant

to protect the physical and mental health of young people. Our reporter Rafael Huang has more.

China is probably the first country to require device makers to limit the screen time of

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