tfowinder@sh.itjust.works to Technology@lemmy.ml · 5 days agoMeta burned $19 billion on VR last year, and 2026 won’t be any better | TechCrunchtechcrunch.comexternal-linkmessage-square2fedilinkarrow-up127
arrow-up127external-linkMeta burned $19 billion on VR last year, and 2026 won’t be any better | TechCrunchtechcrunch.comtfowinder@sh.itjust.works to Technology@lemmy.ml · 5 days agomessage-square2fedilink
minus-squareShinkanTrain@lemmy.mllinkfedilinkEnglisharrow-up7·5 days agoI assume part of it was the very common corpo strategy of selling at a loss to kill all competition, then worry about a profitable business model later. Turns out there isn’t a path to making the amount of money Meta wanted to make in VR.
I assume part of it was the very common corpo strategy of selling at a loss to kill all competition, then worry about a profitable business model later.
Turns out there isn’t a path to making the amount of money Meta wanted to make in VR.