The metaverse has legs but nowhere to go

Mark Zuckerberg is on a divine mission: he will hook you up. How else to explain Zuck’s hellish commitment to building the Matrix, if not to say that he is on some sort of divine quest? In October this year, Meta announced that it had already lost $9.4 billion on the metaverse. (opens in a new tab) before telling investors he expected to lose a lot more in the future and, despite a huge round of layoffs (opens in a new tab) within the company, its metaverse ambitions are unwavering. It sounds like a crusade to me.

Of course, Zuckerberg isn’t the only metaverse fanatic running a tech company, though he’s the only one who changed his company’s name to prove his dedication (and not for any other reason). (opens in a new tab) at all). Epic’s Tim Sweeney also caught the virus and even has a court ruling to prove it (opens in a new tab). Also, we have interest from Konami (opens in a new tab)Tencent (opens in a new tab)Nvidia (opens in a new tab)Microsoft (opens in a new tab) and, uh, Lego (opens in a new tab)as well as who knows how many crypto quirks and Web3 outriders.

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