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Seems Zuckerberg bit off more than he could chew. META is going belly up. 11,000 people are getting the axe. I feel bad for them, when you have these corporate knuckleheads trying to be bigger than they are. Facebook is on a downward spiral also. Not that I really care. I personally always thought it sucked anyway.
Meta's VR units were far more expensive than the competition as well and so far AR is far more accepted versus VR. Among gamers VR is still luke warm, so Meta honestly didnt do their homework.