Meta Unveils Plan to Streamline Virtual Reality Business as it Prepares for Horizon Worlds Discontinuation
In a move aimed at refocusing on core technologies and cutting losses, Meta is planning to dismantle several virtual reality projects, including the social platform Horizon Worlds. The decision to shut down Horizon Worlds marks another significant blow to the company’s struggling Metaverse efforts. The announcement comes as part of a broader effort by Meta to slim down its business and concentrate resources on more promising areas. This strategic shift aims to mitigate financial losses and help the company regain its footing in the rapidly evolving tech landscape. Horizon Worlds, launched in 2021, was touted as Meta’s ambitious virtual reality social experience that allowed users to create avatars, interact with friends, and engage in immersive activities. However, despite initial hype, the platform failed to gain significant traction. As part of this restructuring plan, Meta will reportedly discontinue support for Horizon Worlds on its Meta Quest devices by the end of June. Users will still be able to access their existing content, but new features and updates will not be available after that date. The decision to shut down Horizon Worlds is seen as a calculated risk by Meta, aimed at allowing the company to concentrate resources on more viable projects and reinvigorate its virtual reality ambitions.