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Meta is rebooting Horizon Worlds as the VR platform struggles to grow - TL;DR CNBC

Meta is rebooting Horizon Worlds as the VR platform struggles to grow

Publishing timestamp: 2023-07-28 16:40:39


Summary

Meta is overhauling its Horizon Worlds virtual reality app to include more video games in an effort to make it more compelling. The company has created an in-house studio called Ouro Interactive to develop first-party VR games. The first game, Super Rumble, has debuted with better graphics and fidelity than other VR games on Horizon Worlds. Meta plans to release a mobile version of Horizon Worlds and hopes to attract more users with compelling content. However, the article also mentions the financial losses and lack of mainstream success for Horizon Worlds, indicating the current lack of enthusiasm for VR among the public.


Sentiment: MIXED

Tickers: META

Keywords: virtual reality technologyinternetsocial mediabusiness newstechnologymobilemeta platforms incbreaking news: technology

Source: https://www.cnbc.com/2023/07/28/meta-horizon-worlds-metaverse-is-getting-an-update-with-more-games.html


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