Metaverse: Zuckerberg quits his virtual obsession

Metaverse: Zuckerberg quits his virtual obsession

After four years, $70 billion, and an entire rebrand, Meta appears to finally be “ditching” the metaverse, said Dan DeFrancesco in Business Insider. Company insiders told Bloomberg last week that Mark Zuckerberg is planning to slash its metaverse budget by 30% next year in order to focus more resources on artificial-intelligence wearables. Consider it an admission that Zuckerberg’s vision for “virtual worlds” inhabited by millions of users weari…