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Meta's flagship metaverse platform falls well short of user goal: Report
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zinn
Oct 22, 2022, 3:40:00 AM10/22/22
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Roughly a year after Facebook CEO Mark Zuckerberg rebranded his company as
Meta Platforms Inc. and shifted its focus to the metaverse, the transition
is struggling to gain traction, internal documents show.
Horizon Worlds, a free virtual reality online video game created by Meta
Platforms Inc., has failed to meet internal performance expectations, The
Wall Street Journal reported.
Internal documents obtained by the outlet show that Meta set a 500.000
monthly active users goal by the end of this year, and although Zuckerberg
said the transition to the metaverse would take the company years to fully
achieve, the company revised the projection to 280,000.
The current tally of users sits at less than 200,000, according to Wall
Street Journal.
META WARNS 1M FACEBOOK USERS ABOUT ANDROID, IOS APPS USED TO STEAL LOGIN
INFORMATION
Mark Zuckerberg, via video, speaks at the 2022 SXSW Conference and
Festivals at Austin Convention Center on March 15, 2022, in Austin, Texas.
(Samantha Burkardt/Getty Images for SXSW / Getty Images)
The documents show that most Horizon users typically stop using the app
after the first month and that the user base has been consistently
declining since the spring.
Meta’s popular social media products, including Facebook and Instagram,
serve more than 3.5 billion average monthly customers compared to
Horizon’s current numbers, which are equivalent to less than the
population of Sioux Falls, South Dakota.
FACEBOOK PARENT META TO SHRINK SOME OFFICES AS IT ADAPTS TO HYBRID WORK
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks
during the virtual Meta Connect event in New York, US. (Michael
Nagle/Bloomberg via Getty Images / Getty Images)
The Wall Street Journal reported that Horizon’s vast collection of virtual
spaces where users appear as avatars and interact with others across the
world are sparsely used, and only 9% of worlds built by creators are
visited by at least 50 people, with many never being visited at all.
Complaints about "bugs" in the platform forced Meta to put Horizon on
"lockdown" last month, which means new features will be paused until
glitches are rectified, the outlet reported.
NY AND OTHER US STATES ASK APPEALS COURT TO REINSTATE LAWSUIT AGAINST
FACEBOOK
Facebook's Meta logo sign is seen at the company headquarters in Menlo
Park, Calif. (AP Photo/Tony Avelar, File / AP Newsroom)
Meta shares are also down more than 60% over the past year, The Wall
Street Journal reported, to go along with the company losing more than
$700 billion in market value since September 2021.
This week, Zuckerberg revealed a new virtual-reality headset known as the
Quest Pro, which he said will innovate standards in the metaverse
technology world at a per unit cost of $1,500.
Meta did not immediately respond to a request for comment from Fox News
Digital.
https://www.foxbusiness.com/technology/metas-flagship-metaverse-platform-
falls-well-short-user-goal-report
Meta Platforms Inc. and shifted its focus to the metaverse, the transition
is struggling to gain traction, internal documents show.
Horizon Worlds, a free virtual reality online video game created by Meta
Platforms Inc., has failed to meet internal performance expectations, The
Wall Street Journal reported.
Internal documents obtained by the outlet show that Meta set a 500.000
monthly active users goal by the end of this year, and although Zuckerberg
said the transition to the metaverse would take the company years to fully
achieve, the company revised the projection to 280,000.
The current tally of users sits at less than 200,000, according to Wall
Street Journal.
META WARNS 1M FACEBOOK USERS ABOUT ANDROID, IOS APPS USED TO STEAL LOGIN
INFORMATION
Mark Zuckerberg, via video, speaks at the 2022 SXSW Conference and
Festivals at Austin Convention Center on March 15, 2022, in Austin, Texas.
(Samantha Burkardt/Getty Images for SXSW / Getty Images)
The documents show that most Horizon users typically stop using the app
after the first month and that the user base has been consistently
declining since the spring.
Meta’s popular social media products, including Facebook and Instagram,
serve more than 3.5 billion average monthly customers compared to
Horizon’s current numbers, which are equivalent to less than the
population of Sioux Falls, South Dakota.
FACEBOOK PARENT META TO SHRINK SOME OFFICES AS IT ADAPTS TO HYBRID WORK
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., speaks
during the virtual Meta Connect event in New York, US. (Michael
Nagle/Bloomberg via Getty Images / Getty Images)
The Wall Street Journal reported that Horizon’s vast collection of virtual
spaces where users appear as avatars and interact with others across the
world are sparsely used, and only 9% of worlds built by creators are
visited by at least 50 people, with many never being visited at all.
Complaints about "bugs" in the platform forced Meta to put Horizon on
"lockdown" last month, which means new features will be paused until
glitches are rectified, the outlet reported.
NY AND OTHER US STATES ASK APPEALS COURT TO REINSTATE LAWSUIT AGAINST
Facebook's Meta logo sign is seen at the company headquarters in Menlo
Park, Calif. (AP Photo/Tony Avelar, File / AP Newsroom)
Meta shares are also down more than 60% over the past year, The Wall
Street Journal reported, to go along with the company losing more than
$700 billion in market value since September 2021.
This week, Zuckerberg revealed a new virtual-reality headset known as the
Quest Pro, which he said will innovate standards in the metaverse
technology world at a per unit cost of $1,500.
Meta did not immediately respond to a request for comment from Fox News
Digital.
https://www.foxbusiness.com/technology/metas-flagship-metaverse-platform-
falls-well-short-user-goal-report
BeamMeUpScotty
Oct 22, 2022, 9:38:07 AM10/22/22
to
an anvil with a rubber hammer... The giant Zuck-moron failure proves it.
Remember the one before FACEBOOK, funny but neither can I it was like
FACEBOOK but they also crashed and burned and fell out of popularity and
no one was dying to go back to it when the FACEBOOK cash cow started to
dry-up and die from the Democrats censorship.
On to the next major -version- upgrade.
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-That's Karma-
*IF YOU'RE READING THIS YOU ARE A SURVIVOR*
*The first rule of SURVIVAL CLUB* is we talk about it, we hate
censorship. Never trust what Democrats or Marxists tell you. Make them
prove it with actual verifiable facts and science. And if you didn't
find the duplicitous lies in what the Marxist-Democrats told you then
you didn't dig deep enough. The *Gruber* *Doctrine* is the
Marxist-Democrat plan that says it's "to the Democrats advantage to have
a lack of transparency and then lie about everything".
https://rumble.com/vkt8ld-call-it-the-stupidity-of-the-american-voter-or-whatever.-how-libs-exploit-t.html
*The next rule of SURVIVAL CLUB* is
287 - Banning guns and de-funding police won't lower crime if you follow
the Democrats rhetoric. *And their very own Democrat actions confirm*
that even *they believe they're lying* since they're doing the opposite
*to* *reduce any crimes "you" might commit against the Government* that
they control and apparently *Democrat elites believe guns and* *fences*
*and police will protect* them from crime and violence on U.S. soil.
Why won't those same things also protect you and I from crime and
violence on U.S. soil?
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