Meta is killing off the metaverse. It lost $80 billion |
Meta is killing off the metaverse. It lost $80 billion
The shutdown of Horizon Worlds is the clearest signal yet that the metaverse pivot has been quietly unwound as AI takes center stage
Mike Kemp/In Pictures via Getty Images
When Mark Zuckerberg renamed Facebook $META to Meta in 2021, he described the metaverse as "the next frontier." Four and a half years later, the virtual world at the center of that bet is being shut down.
Meta announced this week that Horizon Worlds, its social VR platform, will be removed from Quest headsets entirely by June 15. The app will disappear from the Quest store at the end of March. After that, it survives only as a mobile app, repositioned to compete with platforms like Roblox $RBLX and........