• Home
Tech News, Magazine & Review WordPress Theme 2017
  • Home
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    What Role Does Technology Play in Education? Advantages, Disadvantages, and the Impact on Students

    What Role Does Technology Play in Education? Advantages, Disadvantages, and the Impact on Students

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    VIRTUAL REALITY: A Glimpse into the Past and Beyond

    VIRTUAL REALITY: A Glimpse into the Past and Beyond

    USEFULL WEBSITES EVERY STUDENT SHOULD KNOW

    USEFULL WEBSITES EVERY STUDENT SHOULD KNOW

    Google Classroom: A Pandemic Game Changer

    Google Classroom: A Pandemic Game Changer

    Education Technology and How it Transformed Education Amidst the Pandemic

    Education Technology and How it Transformed Education Amidst the Pandemic

    It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

    It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

  • Business
    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    KIDS & TECH

    KIDS & TECH

    Why Rich People Buy NFTs

    Why Rich People Buy NFTs

    An Amateur’s Review On The Huion NEW 1060PLUS Pen Tablet

    An Amateur’s Review On The Huion NEW 1060PLUS Pen Tablet

    Mobile learning in medicine:

    Mobile learning in medicine:

  • Gaming
    MOBILE GAMING: HOW THE MOBILE GAMING DOMINATES THE MOBA

    MOBILE GAMING: HOW THE MOBILE GAMING DOMINATES THE MOBA

    The Best NBA 2K of All Time!

    The Best NBA 2K of All Time!

    Assassin’s Creed: Ranking The Main Protagonists

    Assassin’s Creed: Ranking The Main Protagonists

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    Top 5 Biggest Tournament Prize Pools:

    Top 5 Biggest Tournament Prize Pools: Rise of E-Sports Community

    League of Legend 101

  • Edtech
    • All
    • Audio
    • Camera
    • Laptop
    • Smartphone
    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    GENSHIN IMPACT: Enter a Gigantic Magical World of Adventure

    GENSHIN IMPACT: Enter a Gigantic Magical World of Adventure

    VIRTUAL REALITY: How it Changed the Gaming Industry

    VIRTUAL REALITY: How it Changed the Gaming Industry

    Arena of Valor cover

    The complete Arena of Valor beginner’s guide

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Computers
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    BE SMART ONLINE,

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    League of Legend 101

  • Applications
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    Gaming Spot: Into the World of Fun

    Gaming Spot: Into the World of Fun

    Elon Musk Completes the $44 Billion Deal and Takes over Twitter

  • Health
    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Google is deploying a rapid Air Raid Alerts System for all Android phones in Ukraine.

    Google is deploying a rapid Air Raid Alerts System for all Android phones in Ukraine.

    APAC region continuously emerges on 5G race

    APAC region continuously emerges on 5G race

    Is PH ready to leave the traditional mode of payment?

    Is PH ready to leave the traditional mode of payment?

    Digital Transformation in Asia Pacific: A Discourse on Embracing the Changes Brought About by New Technologies

    EM&AI Uses Artificial Intelligence To Revamp Customer Service

    TRACKING PROTECTION DEMYSTIFIED

    TRACKING PROTECTION DEMYSTIFIED

No Result
View All Result
  • Home
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    What Role Does Technology Play in Education? Advantages, Disadvantages, and the Impact on Students

    What Role Does Technology Play in Education? Advantages, Disadvantages, and the Impact on Students

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    VIRTUAL REALITY: A Glimpse into the Past and Beyond

    VIRTUAL REALITY: A Glimpse into the Past and Beyond

    USEFULL WEBSITES EVERY STUDENT SHOULD KNOW

    USEFULL WEBSITES EVERY STUDENT SHOULD KNOW

    Google Classroom: A Pandemic Game Changer

    Google Classroom: A Pandemic Game Changer

    Education Technology and How it Transformed Education Amidst the Pandemic

    Education Technology and How it Transformed Education Amidst the Pandemic

    It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

    It’s All About NEO LMS: Simpler, Efficient, and Your Friend at Service

  • Business
    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    KIDS & TECH

    KIDS & TECH

    Why Rich People Buy NFTs

    Why Rich People Buy NFTs

    An Amateur’s Review On The Huion NEW 1060PLUS Pen Tablet

    An Amateur’s Review On The Huion NEW 1060PLUS Pen Tablet

    Mobile learning in medicine:

    Mobile learning in medicine:

  • Gaming
    MOBILE GAMING: HOW THE MOBILE GAMING DOMINATES THE MOBA

    MOBILE GAMING: HOW THE MOBILE GAMING DOMINATES THE MOBA

    The Best NBA 2K of All Time!

    The Best NBA 2K of All Time!

    Assassin’s Creed: Ranking The Main Protagonists

    Assassin’s Creed: Ranking The Main Protagonists

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    Top 5 Biggest Tournament Prize Pools:

    Top 5 Biggest Tournament Prize Pools: Rise of E-Sports Community

    League of Legend 101

  • Edtech
    • All
    • Audio
    • Camera
    • Laptop
    • Smartphone
    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    GENSHIN IMPACT: Enter a Gigantic Magical World of Adventure

    GENSHIN IMPACT: Enter a Gigantic Magical World of Adventure

    VIRTUAL REALITY: How it Changed the Gaming Industry

    VIRTUAL REALITY: How it Changed the Gaming Industry

    Arena of Valor cover

    The complete Arena of Valor beginner’s guide

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    YOU’LL BE SORRY IF YOU DON’T GET YOUR HANDS ON THE LATEST APPLE RELEASE: IPHONE 14

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Computers
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    BE SMART ONLINE,

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    League of Legend 101

  • Applications
    CE 1C Digital Literacy Training

    CE 1C Digital Literacy Training

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Gaming is Booming:Earning Money through Streaming

    Gaming is Booming:
    Earning Money through Streaming

    When Artificial Intelligence (AI) Enters the World of Business

    When Artificial Intelligence (AI) Enters the World of Business

    Gaming Spot: Into the World of Fun

    Gaming Spot: Into the World of Fun

    Elon Musk Completes the $44 Billion Deal and Takes over Twitter

  • Health
    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Digital Literacy: Highlights and Impact of 2-day Training for Kids

    Google is deploying a rapid Air Raid Alerts System for all Android phones in Ukraine.

    Google is deploying a rapid Air Raid Alerts System for all Android phones in Ukraine.

    APAC region continuously emerges on 5G race

    APAC region continuously emerges on 5G race

    Is PH ready to leave the traditional mode of payment?

    Is PH ready to leave the traditional mode of payment?

    Digital Transformation in Asia Pacific: A Discourse on Embracing the Changes Brought About by New Technologies

    EM&AI Uses Artificial Intelligence To Revamp Customer Service

    TRACKING PROTECTION DEMYSTIFIED

    TRACKING PROTECTION DEMYSTIFIED

No Result
View All Result
cetechnews
No Result
View All Result

Meta’s Metaverse is struggling to grow even the developers won’t use it

Derrick Jovil Dagohoy by Derrick Jovil Dagohoy
October 23, 2022
183
Home Business
Share on FacebookShare on Twitter
Photo Credit: Meta Horizon Worlds

Meta, previously known as Facebook has pushed towards their Metaverse project, claiming it to be a future where we can interact within a virtual space , despite recently partnering with Zoom to help coordinate virtual meetings, and many updates attempting to make Horizon Worlds better in both the means at which content creators can develop content within Horizon Worlds and the ways Horizon Worlds can be beneficial for potential businesses, the metaverse is still struggling, with many possible reasons behind it, even within Meta itself, with employees being told in a recent memo that they should attempt to love Horizon Worlds, as many employees despite working on the project, don’t actually use it, putting the confidence of consumers into question if even the developers of the program do not spend much time using it.

    To access Horizon Worlds individuals have been expected to purchase Meta’s own VR headset or similar products, this however has created a barrier of entry, with the cheapest Meta headset being the Meta Quest 2 starting at 399 USD, which is in the present economy is not very appealing to consumers especially as Horizon Worlds itself is still under construction, leading to few consumers entering the Horizon Worlds space, as for those who have entered, most of the users who entered have stopped using Horizon Worlds within a month of usage, showing great signs of incapability to provide an experience worth using Horizon Worlds for.

    Across the internet the term “metaverse” which Meta has been using to advertise Horizon Worlds has been used by other businesses such as the infamous NFT projects which use the metaverse as a term that sounds new and innovative so that they could make a profit off people who are clueless in a new market and with the downfall of NFTs this has subsequently made Horizon Worlds seem less appealing for them as it appears more like a means for the wealthy to become more wealthy.

    With the discussion online regarding Horizon Worlds being primarily mockery, users leaving the service, and few entering, Meta has already sunk over billions of USD into the project, but now it isn’t providing enough revenue for the business, its longevity is questionable and would require a lot of work from Meta to turn the situation around.

Allysa Marie S. Irada

Sources for this article:

  1. Heath, A. (2022, October 7). Meta’s flagship metaverse app is too buggy and employees are barely using it, says exec in charge. The Verge. Retrieved October 23, 2022, from https://www.theverge.com/2022/10/6/23391895/meta-facebook-horizon-worlds-vr-social-network-too-buggy-leaked-memo 
  2. Tangalakis-Lippert, K. (n.d.). Most metaverse users don’t even make it a month, WSJ reports. Business Insider. Retrieved October 23, 2022, from https://www.businessinsider.com/most-metaverse-users-dont-even-make-it-a-month-wsj-2022-10
  3. Plant, L. (2022, October 13). The metaverse has had a very bad week. IGN. Retrieved October 23, 2022, from https://www.ign.com/articles/the-metaverse-has-had-a-very-bad-week
  4. Delouya, S. (2022, October 14). Meta has burned $15 billion trying to build the metaverse – and nobody’s saying exactly where the money went. Business Insider. Retrieved October 23, 2022, from https://www.businessinsider.in/tech/news/meta-has-burned-15-billion-trying-to-build-the-metaverse-and-nobodys-saying-exactly-where-the-money-went/articleshow/94847061.cms
Tags: BusinessFacebookMetaMetaverseTechnology
Derrick Jovil Dagohoy

Derrick Jovil Dagohoy

Next Post

NFTs in Hindsight

Comments 3

  1. John says:
    5 months ago

    I think Metaverse project time has not yet come, but I guess if they fully developed it, it may be the best thing in years to come.

    Reply
  2. Kyle says:
    5 months ago

    Yes, they need to work a lot on it because it is a waste of resources if they stop it.

    Reply
  3. Prince says:
    5 months ago

    It is really necessary for them to improve. For it to be relevant, Meta need to adopt to the need of time.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Modernizing healthcare: Telehealth for patients

Modernizing healthcare: Telehealth for patients

Health: Digital Innovations Transforming the Healthcare System – A Progress In Asia

March 29, 2022

Trending.

Megapari App: Info For Brand New Users For 2022

March 17, 2023
Is PH ready to leave the traditional mode of payment?

Is PH ready to leave the traditional mode of payment?

April 10, 2022
Small and Medium Businesses in Asia are under cyberattack

Small and Medium Businesses in Asia are under cyberattack

April 11, 2022

Pin Up Casino India On-line Official Web Site ᐉ Play For Money, Bonus 25,000

March 11, 2023

Bet365 Mobile App For Android And Ios

February 25, 2023
cetechnews

We bring you the latest Tech News focuses on analyzing the latest research, discussing and exploring digital science, Technology, and culture.

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 CETECHNews - Latest TECH Blog @cetechnews.

No Result
View All Result
  • Home

© 2022 CETECHNews - Latest TECH Blog @cetechnews.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?