Meta’s recent move to shut down three studios and trim staff at its Reality Labs division has raised a few eyebrows in the VR community. Those who watch this space closely see it as a worrying sign, at least for now. Reality Labs, after all, has been at the forefront of Meta’s metaverse ambitions and VR hardware development. Pulling back on that front suggests a recalibration, but it leaves some experts uneasy about what it means for the momentum of virtual reality’s growth under Meta’s stewardship. While it’s too early to know the full impact, the cautious voices reflect a broader tension between big bets on immersive tech and the realities of business strategy.
Source: gamesindustry.biz
