Meta’s metaverse leaves virtual reality
Meta said it’s shifting focus for Horizon Worlds to be “almost exclusively mobile” and that it will separate its Quest VR platform from the virtual world.
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Meta burned $19 billion on VR last year, and 2026 won’t be any better
The reported financial losses follow a series of layoffs at the VR unit.
Meta burned $19 billion on VR last year, and 2026 won’t be any better Read More »
How did Davos turn into a tech conference?
The World Economic Forum’s annual meeting in Davos felt different this year, and not just because Meta and Salesforce took over storefronts on the main promenade. AI dominated the conversation in a way that overshadowed traditional topics like climate change and global poverty, and the CEOs weren’t holding back. There was public criticism of trade policy, warnings about AI
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Well, there goes the metaverse!
The metaverse is on its last legs as VR is eclipsed by AI. But that’s not the only thing that went wrong for Meta’s VR ambitions.
Well, there goes the metaverse! Read More »
Meta is pausing its dream of sharing Quest’s Horizon OS with third-party headset makers
The company said that it would revisit opportunities for third-party partnerships in the future.
Meta is pausing its dream of sharing Quest’s Horizon OS with third-party headset makers Read More »
Meta reportedly plans to slash Metaverse budget by up to 30%
The proposal reflects the overall lack of interest in products like Meta’s social virtual reality platform, Horizon Worlds.
Meta reportedly plans to slash Metaverse budget by up to 30% Read More »