Mark Zuckerbergs metaverse dream is giving investors nightmares. His $10 billion annual bet on an embodied internet preceded a plunge in Metas value, a first-ever quarterly revenue decline, and grim forecasts for growth. Horizon Worlds, his initial foray in the space, has only added to concerns. The social platform is regularly derided for slow uptake, persistent bugs, and risible avatars.Despite the mounting criticisms, Zuckerberg remains bullish about making Facebook a metaverse company. But for Herman Narula, the CEO of UK unicorn Improbable, Metas vision overlooks a fundamental issue. The problem is VR, Narula said last week at Stanford University. The…

This story continues at The Next Web

Newspapers

Spinning loader

Business

Entertainment

POST GALLERY