Meta, Facebook’s parent company, is ready to invest billions in the Metaverse despite potential losses.

Facebook rebranded to Meta in October 2021, with CEO Mark Zuckerberg revealing his vision for a digital future accessible through VR headsets. Two months later, they launched Horizon Worlds, sparking metaverse hype. However, three years after the rebrand, the metaverse appears to have stalled. So, what happened?

Chapters:
00:00 – Intro
2:00 – Into the Metaverse
5:04 – Virtual reality check
8:08 – The long game

Credits:
Produced by: Devan Burris
Edited by: Christian Nunley and Devan Burris
Supervising Producer: Jeniece Pettitt
Animations: Christine Locopo
Editorial Support: Jonathan Vanian
Additional Footage: Getty Images, Fortnite, Roblox, Meta, Acquired, The Sandbox Game, Decentraland

Sat, 07 Dec 2024 17:00:16 GMT