#Meta’s #metaverse ambitions have faltered, leading to significant layoffs in its #RealityLabs division and the closure of several #VR #gamestudios. The company’s heavy investment in VR, totalling $73 billion, failed to yield substantial returns, with declining #Oculus headset sales and limited adoption of #metaverseapps. https://techcrunch.com/2026/01/19/well-there-goes-the-metaverse/?Metaver.se #Metaverse #VirtualWorlds #XR #VR #MR #AR #BeyondPictures