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Reality Labs has lost $80B+, but it still makes all of Meta's hardware, and reflects Mark Zuckerberg's wish to run a business without Google or Apple middlemen

Business Insider Peter Kafka

Discussion

  • @martydudevr @martydudevr on x
    .... This is literally how you guys branded it lmao. Congratulations.
  • @diegobez Diego Bez on x
    The Metaverse never existed. On the other hand, VR as a computing platform has existed since before the “lazy takes,” & I believe it has a mass-market future, even though it's not growing. I revisited my metaverse tweets since 2022, searched: metaverse (from:diegobez) — I'm fine
  • @sterlingcrispin Sterling Crispin on x
    CTO at Meta and head of Reality Labs after spending 80 billion dollars on VR, renaming their company Meta, then cancelling their flagship VR app Horizon Worlds that they literally called their metaverse app “Nobody ever said that VR is the Metaverse” [image]
  • @boztank Boz on x
    Seems like this is pretty much an annual tradition now so putting this here so I can tap the sign later... [image]
  • @boztank Boz on x
    @TimSweeneyEpic like clockwork
  • @timsweeneyepic Tim Sweeney on x
    @boztank [link to X post from May 10, 2023] The metaverse is dead.  Let's organize an online wake so we 600,000,000 monthly active users in Fortnite, Minecraft, Roblox, PUBG Mobile, Sandbox, and VRChat can mourn it's passing together in real-time 3D [link]
  • @cixliv @cixliv on x
    @boztank I wonder why that is Boz, perhaps because you called it the Metaverse and your company name is now Meta.
  • @thebringhurst @thebringhurst on x
    Jesus Christ.  You guys would do well to step out of the board room and actually listen to what everyone wants, what the audience thinks, and then do that.  That leads to users, which leads to money.  I don't know why every decision feels so contrary to the unified voices asking …
  • @lunayian Luna on x
    @boztank Ideally to help prevent misinformation along these lines, it feels like RL could benefit from a branding ‘noun and verb’ design reset. Clearer name hierarchy would make it so much easier for both devs and users to understand the various platform identities and core funct…
  • @mgsiegler.com M.G. Siegler on bluesky
    Yes, this is all about making the iPhone “the thing that gets us to the thing” when it still clearly remains the thing, which remains a problem for anyone but Apple... spyglass.org/the-iphone-i...  [embedded post]