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

submitted 4 days ago by cm0002@suppo.fi to c/technology@piefed.social

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[–] trashboat@piefed.social 18 points 4 days ago (1 children)

Great, thanks for buying oculus and turning it into a massive POS

[–] wizzor@sopuli.xyz 14 points 4 days 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.