Big Firms Loved the Metaverse Not Long Ago; Now They’re Abandoning It
Published
Entertainment giant Disney is eliminating its metaverse division as part of broader layoffs that will impact as many as 7,000 employees. The announcement follows similar moves by other tech giants struggling to deliver on big metaverse ambitions amid decreasing user interest and worsening…
#disney #mikewhite #facebooks #meta #bobchapek #wsj #markzuckerberg #horizonworlds #tencent #xr