🚨 Meta to Shut Down Its Metaverse VR Program
After investing $9 billion, Meta has officially announced that it will shut down its Metaverse virtual reality program starting June 15, 2026.
The move marks a major step back from Meta’s ambitious push into the virtual reality and metaverse space, reflecting challenges in adoption, user engagement, and ROI.
💰 Investment: $9 Billion
📅 Closure Date: June 15, 2026
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