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Geralt of Sanctuary

Facebook burns  billion on VR in just a few months

Facebook burns $3 billion on VR in just a few months

picture: Kotaku/ShutterStock/Kevin Dietsch (Getty Images) A metaverse full of digital worlds and avatars might come one day, but it won’t come cheap. Facebook parent company Meta has released its financial results for the first quarter of 2022, showing that the company’s for this year alone virtual reality-focused division has lost $2.96 billion so far. This ...

Zuck Bucks could be part of Facebook’s Metaverse future

Zuck Bucks could be part of Facebook’s Metaverse future

photo: Alex Wang (Getty Images) Facebook parent company Meta is reportedly planning to launch a new digital currency for the Metaverse. Internally, employees at Meta call the unannounced currency “Zuck Bucks.” These new digital dollars probably won’t be connected to any kind of blockchain, but don’t worry; Meta, led by CEO Mark Zuckerberg, is planning ...

Geralt of Sanctuary

Facebook is building the metaverse in Horizon Worlds, it sucks

Facebook is building the metaverse in Horizon Worlds, it sucks

screenshot: Meta/Facebook/Kotaku The Metaverse is meant to be the future, so the world is buzzing with excitement. Funnily enough, however, the notoriety of the catchphrase “futuristic” has led to it old Footage of digital worlds is exploding on social media, largely driven by the fact that no one really understands what the heck the metaverse ...