2026-07-18 17:34:22
Mark Zuckerberg was so convinced the metaverse was the next big thing that he renamed his company after it.
Meta, as Facebook is now known, bet the farm on virtual reality,
investing more than $80bn into metaverse-related ventures over the past five years alone
—only to abruptly decide it wasn’t the future after all.
In March this year it was announced that Horizon Worlds, Meta’s flagship metaverse venture, would shut down its VR operations in June, continuing only as …


