There is speculation that Meta is quietly killing its metaverse offering (horizon worlds). By the end of 2024 will meta announce its shutting down the horizon worlds servers?
https://www.indy100.com/amp/mark-zuckerberg-meta-dead-metaverse-2659497063
Longer term market:
https://investor.fb.com/investor-news/press-release-details/2023/Meta-Reports-Third-Quarter-2023-Results/default.aspx Q3 earnings guidance for next 12 months: "Finally, for Reality Labs, we expect operating losses to increase meaningfully year-over-year due to our ongoing product development efforts in augmented reality/virtual reality and our investments to further scale our ecosystem."
https://futurism.com/the-byte/mark-zuckerberg-abandons-metaverse
Mark as apparently abandoned it. How long until horizon worlds comes down?
10k more layoffs, more talk about metaverse slump. https://www.businessinsider.com/meta-layoffs-ceo-mark-zuckerberg-moves-away-from-metaverse-ai-2023-3
@westportr I don’t disagree completely, but horizon worlds right been a huge flop IMO. And this market is specifically for horizon worlds 🙂