Meta (META) to Shut Down Horizon Worlds VR After $80B Metaverse Loss
Meta Platforms, Inc. is officially ending its metaverse ambitions after accumulating nearly $80 billion in losses since 2020, primarily through its Reality Labs division. Meta announced the shutdown of Horizon Worlds on VR headsets, with the app being removed from the Quest store by the end of March 2026 and fully discontinued on June 15, … Read more
