{"id":7547,"date":"2022-10-27T18:39:10","date_gmt":"2022-10-27T16:39:10","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/10\/27\/meta-shares-dip-is-proof-metaverse-plan-never-really-had-legs\/"},"modified":"2022-10-27T18:39:10","modified_gmt":"2022-10-27T16:39:10","slug":"meta-shares-dip-is-proof-metaverse-plan-never-really-had-legs","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/10\/27\/meta-shares-dip-is-proof-metaverse-plan-never-really-had-legs\/","title":{"rendered":"Meta shares dip is proof metaverse plan never really had legs"},"content":{"rendered":"

Virtual reality gamble is not paying off as Mark Zuckerberg appears to be going out on a limb with avatars<\/p>\n

After shares in Facebook\u2019s parent, Meta, slumped by as much as 25% in the wake of abysmal quarterly results<\/a>, critics intensified their calls for its chief executive to abandon his astronomically expensive pivot to the \u201cmetaverse\u201d \u2013 a 3D virtual world intended to replace much of real-world socialising.<\/p>\n

\u201cThe cost of Mark Zuckerberg\u2019s metaverse ambition is clearer than ever,\u201d said Rachel Foster Jones, a thematic analyst at GlobalData. \u201cMeta has put its entire business on the line for the metaverse, which still doesn\u2019t exist, and the gamble is not paying off.<\/p>\n

Continue reading…<\/a>
\nVirtual reality gamble is not paying off as Mark Zuckerberg appears to be going out on a limb with avatars
\nAfter shares in Facebook\u2019s parent, Meta, slumped by as much as 25% in the wake of abysmal quarterly results, critics intensified their calls for its chief executive to abandon his astronomically expensive pivot to the \u201cmetaverse\u201d \u2013 a 3D virtual world intended to replace much of real-world socialising.
\n\u201cThe cost of Mark Zuckerberg\u2019s metaverse ambition is clearer than ever,\u201d said Rachel Foster Jones, a thematic analyst at GlobalData. \u201cMeta has put its entire business on the line for the metaverse, which still doesn\u2019t exist, and the gamble is not paying off. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Virtual reality gamble is not paying off as Mark Zuckerberg appears to be going out on a limb with avatars After shares in Facebook\u2019s parent, Meta, slumped by as much as 25% in the wake of abysmal quarterly results, critics intensified their calls for its chief executive to abandon his astronomically expensive pivot to the …<\/p>\n

Meta shares dip is proof metaverse plan never really had legs<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":7548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/7547"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=7547"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/7547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/7548"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=7547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=7547"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=7547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}