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Meta Platforms (META) Retreats from VR, Shutters Horizon Worlds Amid Heavy Losses

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The Story

News Summary

  • Meta is shutting down Horizon Worlds VR by June, pivoting to mobile to cut massive Reality Labs losses after years of unprofitable metaverse investments.
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Stored market data

META price history

648.03 +5.98% over the displayed period

Advisor Snapshot

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