There is a lot to say about virtual reality (+AR, MR, XR), web 3.0, web 3d, Web3, meta verse. I actually found a bachelor paper about Second Life that was already pointing out that it was going to be hard to define what the meta verse was or was going to be. Because basically we are talking about all those things I mentioned right now. And with the name change of Facebook, nobody really wants to touch it anymore. Apple said as much in a recent talk with the WSJ. They are now introducing Apple Reality.
What you should not forget, time and time again, is that the Quest came from Occulus. Facebook, like Instagram & Whatsapp, bought the company. So the origins of this whole endeavour is not even theirs. But as far as I have heard, they did have a killer device with the last iterations. Gamers and developers were quite happy with the budget option. It also worked a bit without a PC. Now there last version is not having the same welcome. It is way more expensive because they are aiming for a more high end device. According to The Verge it falls short of that: https://www.theverge.com/23451629/me...horizon-review
Yesterday I also came across this story: Meta Stock Jumps After False Report Mark Zuckerberg Was Planning to Step Down. So the story was fake and just a rumor, and maybe a 1% jump might not be a reaction to this story. Still, there could be some ground that this was a reaction to his stay at the company.
By the way, I am quite surprised Twitter is still running. Saw a lot of people leaving to Mastodon, and people posting complete The Fast & The Furious films on Twitter. So it was a bit of a wild west. On the other hand people were posting pictures of Musk in house with his engineers. Which were probably all there because they could not leave due to visa issues, and their boss making them stay.
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