20260318 - Facebook shutting down its Horizon Worlds VR Metaverse

the Metaverse just didn't have legs https://pivot-to-ai.com/2026/03/18/facebook-shutting-down-its-horizon-worlds-vr-metaverse/ - blog post  Patreon: https://www.patreon.com/davidgerard (get in with the cool kids) Ko-Fi: https://ko-fi.com/A1529D5 Buy us useful things: https://www.amazon.co.uk/hz/wishlist/ls/3Q8VZW46J6DM6 Get an extremely cool Pivot to AI shirt or mug: https://pivot-to-ai.redbubble.com Send in your story tips: [email protected] Sources: Updates to Your Meta Quest Experience in 2026 https://communityforums.atmeta.com/blog/AnnouncementsBlog/updates-to-your-meta-quest-experience-in-2026/1369435 NewsMeta Horizon Worlds is discontinued! https://www.reddit.com/r/oculus/comments/1rweb1a/meta_horizon_worlds_is_discontinued/ Our Renewed Focus in 2026 https://developers.meta.com/horizon/blog/2026-vr-state-of-the-union-horizon-mobile-focus/ Meta Reports Fourth Quarter and Full Year 2025 Results https://www.prnewswire.com/news-releases/meta-reports-fourth-quarter-and-full-year-2025-results-302673127.html Meta to cut up to 30% of metaverse budget, Bloomberg News reports https://www.reuters.com/business/meta-ceo-zuckerberg-plans-deep-cuts-metaverse-efforts-bloomberg-news-reports-2025-12-04/ Meta Plans to Shift Spending Away From the Metaverse https://www.wsj.com/tech/ai/meta-plans-to-shift-spending-away-from-the-metaverse-d0ac3b7f Building a Digital Future: The Metaverse (PDF, archive) https://web.archive.org/web/20260318174813/https://davidgerard.co.uk/tmp/Resnick2022_Building_ResearchByGartner_21pages.pdf Into the Metaverse: Creators, Commerce and Connection https://www.youtube.com/watch?v=7j7P6gt2jLU&list=UU9rJrMVgcXTfa8xuMnbhAEA Previously on Pivot to AI and Attack of the 50 Foot Blockchain: Terra's stablecoin does its own 2008 crisis — UST crashes and takes Bitcoin with it https://davidgerard.co.uk/blockchain/2022/05/10/terras-stablecoin-does-a-2008-crisis-ust-crashes-and-takes-bitcoin-with-it/ Wear Meta's AI creepshot glasses — or be left behind! https://pivot-to-ai.com/2025/08/04/wear-metas-ai-creepshot-glasses-or-be-left-behind/ video: https://www.youtube.com/watch?v=NOlAbLVX_wk&list=UU9rJrMVgcXTfa8xuMnbhAEA Full Pivot to AI playlist: https://www.youtube.com/playlist?list=UU9rJrMVgcXTfa8xuMnbhAEA