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Tencent scraps plans for VR hardware as metaverse bet falters

Summary by Reuters
Tencent Holdings is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts the Chinese tech giant to cut costs and headcount at its metaverse unit, three sources familiar with the matter said.
Published 4 months ago · Menlo Park, United States

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43% of the sources are Center, 43% of the sources lean Right
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