Meta is pivoting its metaverse strategy, shifting its Horizon Worlds app from VR to mobile to challenge Roblox and Fortnite. This move follows significant layoffs and financial losses in its Reality Labs division. While VR hardware development continues, the company is now prioritizing mobile user engagement and third-party VR app support, signaling a major strategic overhaul. Meta is pivoting its metaverse strategy, shifting its Horizon Worlds app from VR to mobile to challenge Roblox and Fortnite. This move follows significant layoffs and financial losses in its Reality Labs division. While VR hardware development continues, the company is now prioritizing mobile user engagement and third-party VR app support, signaling a major strategic overhaul.
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