Facebook's sad universe
Leaked internal documents show that Meta, Facebook's parent company, "burns" $15 billion into the metaverse but only creates a boring virtual universe.
According to records obtained by the WSJ, Meta originally set a target of 500,000 monthly active users in Horizon Worlds by the end of the year. However, the current number is less than 200,000. Meanwhile, since February, the company claims its metaverse platform has attracted 300,000 participants.