Facebook's Metaverse fortune is tied to Oculus
The Hindu
The $2 billion Oculus acquisition is the arrow in Zuckerberg’s quiver that can hit his holographic future target
Facebook’s CEO Mark Zuckerberg has pressed the proverbial reboot button and . The new entity will be an umbrella organisation which will nest Facebook, Instagram, Messenger and other apps.
The California-based company divides its businesses largely under the Family of Apps that drives its social media engine and attracts advertisers, and the Reality Labs, which deals with augmented and virtual reality products.
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