Showing posts with label Meta. Show all posts
Showing posts with label Meta. Show all posts

Saturday, December 7, 2024

#CNBC - Why Facebook-Parent Meta Is Willing To Lose Billions On The Metaverse

7 December 2024

Facebook changed its name to Meta in October 2021 and CEO Mark Zuckerberg used the occasion to show the world his vision of a digital future of work and play accessible through a VR headset. Two months later the company launched its virtual universe, Horizon Worlds. Propelling the metaverse hype to an all-time high. But, as the rebranding to Meta hits its third anniversary, the metaverse seems to be stalled out. So what happened to the metaverse?

#CNBC