Tech 24 - Is this the beginning of the end for the Metaverse?

Tech 24 - Is this the beginning of the end for the Metaverse?

Five years and more than $80 billion later, Mark Zuckerberg's virtual reality dream seems to be being dismantled, and replaced with equally ambitious AI projects. We take a closer look in this edition of Tech 24.

The Metaverse Was Never Inevitable

For now, Facebook is still technically called Meta. But the “metaverse,” Mark Zuckerberg’s ambitious virtual reality project, is in shambles. Tech outlets reported last week that the company would be sunsetting Horizon Worlds, its VR social media platform. Then CTO Andrew Bosworth clarified that Horizon Worlds would remain operational, even if users could expect little in the way of updates or new content. The parallel reality that Zuckerberg in…

The collapse of Mark Zuckerberg's Metaverse is a small win, but we’ll take it

Before AI was the big tech inevitability that would proceed whether anyone wanted it or not, there was the Metaverse. The post The collapse of Mark Zuckerberg’s Metaverse is a small win, but we’ll take it appeared first on Crikey.

Mark Zuckerberg's $80 billion Metaverse endeavor officially scrapped: 'Sometimes … we get things wrong'

After years of hype and tens of billions of dollars in spending, Mark Zuckerberg's vision for the metaverse appears to be drawing to a close. Meta has scaled back its once-ambitious plans for a fully immersive virtual world, signaling a major shift in strategy, The New York Times reported. This week, the company announced it would stop adding new virtual reality experiences to its flagship platform, Horizon Worlds. While some features will remai…

The XR Week Peek (2026.03.23): Meta almost shuts down Horizon Worlds VR, NVIDIA had its GTC conference, and more!

Spring is here, and we all hope it is going to bring away some of the cold of the Winter of VR!  Before heading to the most relevant pieces of XR news of the week, let me thank Feedspot for having selected my blog again inside its shortlist of top 90 worldwide VR blogs! And thank you all for continuing to support me and make these results possible every year. Top news of the week (Image by Meta) Horizon Worlds is going fully mobile. Or maybe not…

Meta’s Metaverse: How an $80 billion vision collapsed in  5years

On October 28, 2021, Mark Zuckerberg walked onto a virtual stage and announced that Facebook was dead. In its place: Meta. The vision was audacious. “Our hope is that within the next decade, the metaverse will reach a billion people, host hundreds of billions of dollars of digital commerce, and support jobs for millions of […]