tfowinder@sh.itjust.works to Technology@lemmy.ml · 24 days agoMeta burned $19 billion on VR last year, and 2026 won’t be any better | TechCrunchtechcrunch.comexternal-linkmessage-square2linkfedilinkarrow-up123arrow-down10cross-posted to: technology@piefed.socialmetaaboringdystopia@lemmy.world
arrow-up123arrow-down1external-linkMeta burned $19 billion on VR last year, and 2026 won’t be any better | TechCrunchtechcrunch.comtfowinder@sh.itjust.works to Technology@lemmy.ml · 24 days agomessage-square2linkfedilinkcross-posted to: technology@piefed.socialmetaaboringdystopia@lemmy.world
minus-squareShinkanTrain@lemmy.mllinkfedilinkEnglisharrow-up5·23 days agoI assume part of it was the very common corpo strategy of selling at a loss to kill all competition, then worry about a profitable business model later. Turns out there isn’t a path to making the amount of money Meta wanted to make in VR.
WTH did all that money go
I assume part of it was the very common corpo strategy of selling at a loss to kill all competition, then worry about a profitable business model later.
Turns out there isn’t a path to making the amount of money Meta wanted to make in VR.