80 Billion Dollars for Empty Rooms: Requiem for the Metaverse
·765 words·4 mins
Zuckerberg Buries His Billion-Dollar Bet. The Only Surprise Is That Anyone Is Surprised. # On June 15, 2026, Horizon Worlds VR will be shut down. No more building, publishing, or updating VR worlds. Reality Labs laid off over 1,000 employees in early 2026, internal VR studios were closed. Losses to date: 80 billion dollars [1].