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Meta scales back metaverse ambitions amid strategic shift

  • Meta is set to reduce investment in its metaverse projects, which CEO Mark Zuckerberg previously touted as central to the company’s future.
  • This strategic shift reflects a reevaluation of resources as Meta faces ongoing challenges in the tech landscape.
  • The decision signals a significant pivot away from virtual reality initiatives, raising questions about the company’s long-term vision.

[Via]

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