March 3, 2024

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The VR market is shrinking as Meta Corporation pours billions of dollars into the Metaverse

The VR market is shrinking as Meta Corporation pours billions of dollars into the Metaverse

An attendee wearing a Meta Platforms Inc. headset. Oculus Quest 2 for virtual reality (VR) at the Telefonica SA stand on day two of the Mobile World Congress at the Fira de Barcelona venue in Barcelona, ​​Spain, on Tuesday, February 28, 2023.

Angel Garcia | Bloomberg | Getty Images