Major tech giant slashing virtual reality investments by nearly a third. The company's scaling back on immersive digital world initiatives signals a strategic pivot in the extended reality space. This marks a significant shift for one of the biggest players that once bet heavily on the metaverse vision.
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AirdropHunter420
· 12-04 18:50
The metaverse dream is shattered, LOL. The harder they hyped it up before, the more ruthlessly they're cutting it down now.
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New_Ser_Ngmi
· 12-04 18:45
Uh... another big company's dream shattered. The metaverse is truly a bottomless pit.
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BoredRiceBall
· 12-04 18:44
I've never seen such a ridiculous decision... Everyone agreed to go all in on the metaverse, so what now?
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DegenRecoveryGroup
· 12-04 18:36
This is bankruptcy. What happened to the metaverse dream that was hyped up so much before?
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SignatureCollector
· 12-04 18:32
It seems the metaverse dream has shattered. Cutting one-third of their investment, these big companies really can change their attitude in an instant.
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SnapshotBot
· 12-04 18:27
It looks like even the big companies can't withstand this wave of the metaverse... Where should the money go?
Major tech giant slashing virtual reality investments by nearly a third. The company's scaling back on immersive digital world initiatives signals a strategic pivot in the extended reality space. This marks a significant shift for one of the biggest players that once bet heavily on the metaverse vision.