Meta Abandons VR for Horizon Worlds, Shifts to Mobile
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Metas Horizon Worlds metaverse platform is discontinuing VR support, transitioning to mobile-only access starting June 15th. This shift comes after five years of development and significant losses in Metas Reality Labs division, totaling nearly $80 billion since 2020. The companys focus is now on less immersive mobile experiences, as competitors like Fortnite and Roblox thrive on multiple platforms. The broader metaverse hype has also waned, with crypto tokens plummeting and Metas stock rising on layoff rumors.
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