Source: news.google.com
Meta CEO Mark Zuckerberg shows off an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, USA, on Thursday, October 6, 2016.
David Pablo Morris | Mayor Bloomberg | fake images
More than a year after changing his company name to Goal and pledging to spend billions of dollars developing the metaverse, Mark Zuckerberg’s gamble on virtual reality isn’t close to paying off.
Sales of virtual reality headsets in the US this year were down 2% from a year earlier to $1.1 billion as of early December, according to data shared with CNBC by research firm NPD Group. Facebook’s advertising business generates that amount of revenue approximately every three days.
With the ad business in a slump, Zuckerberg has been looking into virtual reality headsets and…
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