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Meta Platforms Finally Retreats From Funding Its Metaverse

Summary by TFD
The “metaverse” isn’t what it used to be. Meta Platforms is expected to cut resources from the virtual reality initiative Mark Zuckerberg once framed as the company’s future — and the reason for its name change.

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Four years ago Mark Zuckerberg changed his name to Facebook for Meta and told us that we were going to live with virtual reality glasses on the worlds of the metaverse that his company was going to design for us on the Horizon Worlds platform.The Wall Street Journal has calculated that since then, the invention of immersive life has cost Meta about 77 billion dollars.In turn, about 66 billion dollars.Keep reading...

·Granada, Spain
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TFD broke the news in on Wednesday, December 10, 2025.
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