It’s been just over a year since social media giant Facebook rebranded itself as Meta... and they've been busy.
The name change reflected the company’s growing ambitions to transcend past social media and into the world of Web3, crypto, NFTs, and the Metaverse — virtual worlds where consumers are likely to spend more of their time for both work and play.In December 2021, Meta debuted its Horizon Worlds virtual reality social networking project, while it alsodesigned for use in the Metaverse internally dubbed as"Zuck Bucks,” though no further updates on the project have been seen since.
Many may also remember Meta’s Eiffel Tower fiasco when an image of Meta CEO Mark Zuckerberg's avatar standing in front of a virtual Eiffel Tower was mocked over lackluster visuals.from The Wall Street Journal suggested that the company has slashed its monthly active user goal for Horizon Worlds by more than half, suggesting the company's flagship Metaverse was"falling short."on by Zuckerberg during the Q3 earnings call on Oct.
The company recently unveiled its latest virtual reality headset, the Meta Quest Pro during an Oct. 11 virtual event; along with the partnership with Microsoft, and a new computer platform from Reality Labs.
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