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TEXXR

Chronicles

The story behind the story

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Mark Zuckerberg has a history of defying expectations but the metaverse might not pay off for years, meaning he needs a better way of explaining his dream

Investors are not yet won over by the metaverse, but if Zuckerberg succeeds in selling his dream it could revive the company

Financial Times Elaine Moore

Discussion

  • @vvvista @vvvista on x
    VR - Meta's $299 Quest 2 was the most popular headset on the market, yet sold fewer than 9m units last year https://www.ft.com/...
  • @disruptionbank @disruptionbank on x
    It is still not clear what Zuckerberg wants that #metaverse to be. Is it somewhere we visit or a world we inhabit full time? Will it replace Meta's existing revenue or expand it? https://www.ft.com/...
  • @branwellcontent Branwell Johnson on x
    Musings on Meta and its VR ambitions - “What works in Meta's favour is the lack of exciting consumer tech elsewhere” via @FT https://www.ft.com/... https://twitter.com/...
  • @1br0wn @1br0wn on x
    “To keep the pace of investment going, Zuckerberg needs to find a better way to explain his dream. Truly immersive VR is an expensive, speculative project that may not pay off for years to come. Then again, that's exactly what Silicon Valley was made for.” https://www.ft.com/...
  • @nasdorachi @nasdorachi on x
    if Zuckerberg wants to be taken seriously he should just disappear behind the scenes and hire a PR person that people actually like to do all his talking. Saw n ad for his new VR set and everyone is just dunking on him for being a robot. I actually think it hurts VR credibility.