Source: news.google.com
Synopsis
Some consider the metaverse to be the next big thing in technology. Mark Zuckerberg wanted to dominate him. So Meta spent $10 billion trying to develop and thereby dictate what Zuckerberg calls the “holy grail” and “future of the internet.” But was he wrong to bet too much too soon?
It is autumn in Silicon Valley. The leaves are falling not only from the trees, but also from Meta’s giant dreams. The contrast in stock price around its last two annual developer conferences, which usually take place in October, is testimony enough. 2021: Facebook renamed itself Meta, in line with its ambitions to dominate the Metaverse. The company’s shares quote in …
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