#metaverse-pivot

[ follow ]
#meta-horizon-worlds #social-media #metafacebook #user-engagement-and-advertising #company-decline
Social media marketing
fromFuturism
5 days ago

Meta Has Entered Its Death Spiral

Facebook’s growth has slowed as user disaffection, engagement bait, ads, and misinformation increased, following failed Metaverse efforts and declining earnings.
#meta-horizon-worlds
Tech industry
fromEngadget
1 month ago

Meta isn't shutting down its VR metaverse after all

Meta reverses its shutdown of Horizon Worlds VR, committing to support existing games for the foreseeable future while shifting metaverse focus to mobile and AI.
Tech industry
fromEngadget
1 month ago

Meta isn't shutting down its VR metaverse after all

Meta reverses its shutdown of Horizon Worlds VR, committing to support existing games for the foreseeable future while shifting metaverse focus to mobile and AI.
more#meta-horizon-worlds
Artificial intelligence
fromSilicon Canals
1 month ago

Meta is cutting up to 15,800 jobs to fund its AI bet - burying the Metaverse it renamed itself for - Silicon Canals

Meta is reallocating capital and workforce from Metaverse investments to artificial intelligence, demonstrating how dominant tech companies execute strategic pivots through institutional ruthlessness rather than crisis response.
fromKotaku
2 months ago

Meta's Virtual Reality App Ditching VR To Make A Roblox Clone - Kotaku

In 2021, Facebook became Meta and the company claimed its focus would be to " life." It launched Horizon Worlds, a VR metaverse that people could explore and create worlds in. It looked bad and wasn't great, but it was supposedly the future. Five years later, Meta's metaverse is ditching VR and spinning Worlds into a Roblox clone after burning $70+ billion on virtual and augmented reality.
Software development
[ Load more ]