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Meta Horizon Worlds on Meta Quest is being discontinued

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Re: Meta Horizon Worlds on Meta Quest is being discontinued

#131

Post by pjc50 »

Traster wrote: post #93
paxys wrote: post #79

It’s wild how much mismanagement Zuck is able to get away with just because he controls majority voting shares in Meta. At this point all of the missteps by the company in AR/VR, AI and everything else can directly be traced back to him. Half-baked vision, massive spending and no accountability. The company desperately needs a Sundar/Satya type leader.

At the end of the day the core business is throwing off tonnes of money and is run fine. Would it be better not to throw billions at the next cool thing? Who knows. Probably. But Google does the same thing and they've actually built some cool stuff.

Return it to the shareholders!

Re: Meta Horizon Worlds on Meta Quest is being discontinued

#132

Post by actualwitch »

tavavex wrote: post #94
CobrastanJorji wrote: post #47

Earlier quoted context omitted.

They also renamed the entire corporation from "Facebook" to "Meta" to prove how serious they were about it.

While simultaneously renaming the VR headsets to also use Meta branding instead of Oculus, even though Oculus was a great brand and the most recognizable name in the VR industry. What made it worse is that by that point they'd produced lots of headsets with Oculus branding, including an Oculus button on one of the controllers. So, they had to change that button to also have a different logo and name, and have the sof…

IIRC the reason they abandoned Oculus brand was that Palmer Luckey sold the company with condition the Oculus headsets would not need a facebook account to use it. Later they renamed the company and headset, and would you look at that — it requires meta account now.

Re: Meta Horizon Worlds on Meta Quest is being discontinued

#134

Post by SchemaLoad »

CobrastanJorji wrote: post #47
xd1936 wrote: post #4

Unbelievable. They re-architected the whole operating system around this stupid app. They discontinued their previous homescreen environments in favor of trying to promote Horizon Worlds, only to discontinue the blasted thing anyway? After all of those millions of dollars spent trying to make virtual events happen?

They also renamed the entire corporation from "Facebook" to "Meta" to prove how serious they were about it.

Now they have to rebrand the company again to be about some AI hype spy glasses. The Metaverse was a flop.

Re: Meta Horizon Worlds on Meta Quest is being discontinued

#138

Post by alexpotato »

kemotep wrote: post #26
xd1936 wrote: post #4

Unbelievable. They re-architected the whole operating system around this stupid app. They discontinued their previous homescreen environments in favor of trying to promote Horizon Worlds, only to discontinue the blasted thing anyway? After all of those millions of dollars spent trying to make virtual events happen?

Billions. Facebook has spent billions and billions over the past decade in VR. Starting with the Oculus merger and then in 2021 with the rebrand. 10 billion a year supposedly for the past 5 years now.

What's the quote:

"A billion here, a billion there and pretty soon you're talking about some real money."

Re: Meta Horizon Worlds on Meta Quest is being discontinued

#139

Post by recursivecaveat »

ed_elliott_asc wrote: post #34
bhouston wrote: post #9

Earlier quoted context omitted.

> Interesting, cutting way back in the product they renamed the whole company for. It was clearly the wrong bet. He pumped something like $100B into the endeavour (Meta Quest / VR / Horizons) and it is just slowly dying as we speak. He has to give up on it, although I am sure it will be called a "pivot" into AR glasses.

There are some really good ar glasses for a couple of hundred dollars, I think they are going to end up really cheap and not the 100 billion investment that facebook needs.

Tbf I don't think they ever intended to make back their investments via the goggles. As near as I can tell the thought process was basically: "Real estate + fashion + live entertainment + art + etc is X quadrillion dollars. We could make The Virtual World and capture all that value. It would be irrational not to invest $100B!" Basically Pascal's Investment.

Re: Meta Horizon Worlds on Meta Quest is being discontinued

#140

Post by m4rtink »

xd1936 wrote: post #4

Unbelievable. They re-architected the whole operating system around this stupid app. They discontinued their previous homescreen environments in favor of trying to promote Horizon Worlds, only to discontinue the blasted thing anyway? After all of those millions of dollars spent trying to make virtual events happen?

And at the same time VRChat is reaching record popularity and user counts with tiny fraction of the budget Facebook wasted.

And it is so simple - just listen to your users and give them what they want - which seems to be VR cat girls.

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