Meta reduces investment in the metaverse, terminates the Quest platform's Horizon Worlds project
Meta announced that starting June 15, users will no longer be able to build, publish, or update virtual reality worlds on Meta Quest headsets, nor will they be able to access Meta Horizon Worlds through Quest headsets. This virtual world feature will continue to be available on the Meta Horizon mobile app.
A Meta spokesperson cited a blog post from February of this year, which mentioned that the company is shifting the focus of Worlds to "almost entirely mobile-centric." Earlier in January of this year, Meta had cut about 1,000 jobs from the Reality Labs division and closed several virtual reality game and content studios. Andrew Bosworth, head of Reality Labs and Chief Technology Officer, stated in a memo to employees that Meta will primarily focus on mobile experiences rather than immersive virtual worlds accessed through headsets.
This move marks Meta's further retreat from the metaverse strategy previously championed by Mark Zuckerberg. Resources in Reality Labs have shifted from VR gaming to advancing wearable products aimed at AI goals, including Ray-Ban Meta smart glasses.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Sam Price Predicts Gold Prices Will Rise, Focuses on Cryptocurrency Market Trends

Shanghai Releases Digital Economy Development Plan, Initiates Research on Web 3.0 Innovation Testing Grounds

Zhejiang Cyber Police in China reported a fraud case disguised as "virtual currency."

Yuga Labs management adjustment: Greg Solano appointed as chairman of the board, Michael Figge appointed as CEO

唐华斑竹 Calls for Resumption of DOG Spot Trading

Google Trends: Bitcoin Gains Ground Against AI

唐华斑竹: Quantum Computing Becomes a Core Risk Point in the Cryptocurrency Field

Russians Hold ₽3.7 Trillion in Crypto. How This Was Calculated

Expanding On-Chain Vaults: From Automated Management to Fund Manager Roles

Arthur Hayes: AI Debt Could Cause Bitcoin to Drop and Then Rebound

"Agent vs US Treasuries" — Who Will Dominate the US Stock Market?

Swiss bank shields Bitget institutions while retail funds freeze

70% Chance of Further Rate Hike by Fed... Warning of 'Lagged Shock' to US Economy

DTCC, a Major U.S. Securities Settlement Firm, to Begin Tokenization of $114 Trillion in Assets - Reports
![[New York Gold, Bonds, Dollar] Interest Rates and Dollar Strength Pause... Oil Prices Drop, Won and Gold Prices Rebound](/public-static/29_4631d65680.png?format=avif)
[New York Gold, Bonds, Dollar] Interest Rates and Dollar Strength Pause... Oil Prices Drop, Won and Gold Prices Rebound

CleanSpark Closes $2.276 Billion Debt with 7.875% Senior Secured Notes

Polymarket partners with OpenWorlds on AI trading agents

Avalanche Leads Growth in Tokenized Stock Market with $252 Million

Bitcoin ETFs: 2026 Flows Finally Return to Positive

BlackRock explains why AI agents prefer Bitcoin over fiat currency, and a Brazilian shows that the answer is 134 years old

The Zondacrypto Scandal Expands: This Time Involving Notable MPs

Crypto: The Fake Coinbase Advisor Sentenced After a $16 Million Theft

DeltaForesight Announces Completion of 324 Million Yen Financing to Develop Over-Collateralized Yen Stablecoin JPYdf

Polygon payment channels hit 11 million updates per second across 25 hubs

WisdomTree Financial Advisor: Self-Custody of Bitcoin Is Not Cost-Free, Hidden Operational Risks Cannot Be Ignored

Ethereum: L2BEAT Ranks Privacy Protocols Against 5 Adversaries

US-Iran Negotiations Signal Easing Energy Tensions, but Diesel Crisis Complicates Inflation Risks

Thailand Stock Market News: SET and NYSE Explore Dual Listings and New Investment Products

IBEX 35 Outlook 2026: Can Spain's Stock Market Reach 20,000 Again?








