Meta kills its VR metaverse after $84 billion in losses – Hypergrid Business
[ad_1] Update Mar. 19: Meta CTO Andrew Bosworth said on an Instagram AMA that Meta has reversed its decision. The link to the Instagram post is dead, but he also posted an update on Threads, which is still up. “We’ve decided to retain existing Horizon Worlds in VR for the foreseeable future,” he wrote. “I […]
Why I still build with prims in a mesh-driven metaverse – Hypergrid Business
[ad_1] In the late 1990s and early 2010s, virtual worlds were vibrant social spaces where people gathered to build, celebrate, and create communities online. Platforms such as Second Life and several Open Sim-based grids—including InWorldz, Kitely, and OSG. Over time, however, participation in many of these worlds has declined dramatically. For those who built businesses […]
What Mark Zuckerberg’s metaverse U-turn means for the future of virtual reality – Hypergrid Business
[ad_1] (Image by Maria Korolov via Adobe Firefly.) Mark Zuckerberg’s vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us with an immersive world where we could seamlessly combine digital and physical information. The parent company, renamed Meta along the way, had begun introducing headsets and […]