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Meta shuts down Metaverse after $80 billion loss, ends Horizon Worlds era (techstartups.com)

submitted 1 month ago by cm0002@suppo.fi to c/technology@piefed.social

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[–] wizzor@sopuli.xyz 12 points 1 month ago

This is the biggest loss in this debacle.

Oculus had the traction and promise to become the steam deck for virtual reality, but after Meta tried to zuckify it into a platform business we have nothing to show for it, except perhaps the extremely humanlike avatar.

It was an enshittification speedrun.

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