By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Notification
yourcryptonewstoday yourcryptonewstoday
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
Reading: Meta to shutter Horizon Worlds metaverse on VR in favor of mobile
Share
bitcoin
Bitcoin (BTC) $ 72,883.00
ethereum
Ethereum (ETH) $ 2,020.90
tether
Tether (USDT) $ 0.999064
bnb
BNB (BNB) $ 660.08
usd-coin
USDC (USDC) $ 0.999495
xrp
XRP (XRP) $ 1.04
binance-usd
BUSD (BUSD) $ 0.997251
dogecoin
Dogecoin (DOGE) $ 0.066354
cardano
Cardano (ADA) $ 0.171428
solana
Solana (SOL) $ 82.18
polkadot
Polkadot (DOT) $ 0.830769
tron
TRON (TRX) $ 0.316005
Your Crypto News TodayYour Crypto News Today
  • Home
  • News
  • MarketCap
  • Altcoins
  • Crypto
  • Blockchain
  • Market
  • Mining
  • Exchange
  • Analysis
Search
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
© 2024 All Rights reserved | Protected by Your Cryptonews Today
Your Crypto News Today > Metaverse > Meta to shutter Horizon Worlds metaverse on VR in favor of mobile
Metaverse

Meta to shutter Horizon Worlds metaverse on VR in favor of mobile

March 18, 2026 4 Min Read
Share
image

Table of Contents

Toggle
  • Actuality Labs racks up $80 billion in losses since 2020
  • Metaverse tokens have melted

Meta Platforms will shut down its Horizon Worlds metaverse for digital actuality customers in June, pivoting to a mobile-only expertise because it retreats from the aggressive metaverse push it championed simply 5 years in the past.

Shoppers will not be capable to construct, publish, or replace digital actuality worlds, or entry the Horizon Worlds metaverse on Meta Quest headsets, from June 15, the corporate stated in a Tuesday weblog publish.

Horizon Worlds launched in late 2021 as a VR-only, on-line multiplayer platform the place customers can construct and publish digital environments and video games, and work together with others as avatars.

Screenshot of a gamer enjoying in Horizon Worlds. Supply: YouTube

Nonetheless, Meta reportedly began to experiment with Horizon Worlds as a cellular platform in 2025, in accordance with Samantha Ryan, the VP of content material at Actuality Labs, who stated in February it could be “shifting the main focus of Worlds to be virtually completely cellular.”

Horizon Worlds’ rivals, akin to Fortnite and Roblox, which are a magnet for 1.3 million and 144 million each day energetic customers, respectively, function on PC, console, and cellular platforms. Fortnite has by no means formally developed its recreation for VR, whereas Roblox has supplied a VR app since July 2023, although not all worlds are VR-compatible.

Meta’s choice to refocus Horizon Worlds comes simply 5 years after Meta CEO Mark Zuckerberg pivoted the corporate in direction of the metaverse, even altering its identify from Fb to Meta. These ambitions, nevertheless, haven’t translated into earnings for the agency.

Actuality Labs racks up $80 billion in losses since 2020

Meta’s Actuality Labs division racked up a document $6 billion in losses for the fourth quarter of 2025, and cumulative losses for its metaverse division whole virtually $80 billion since 2020.

In January, Meta eradicated 1,000 jobs from Actuality Labs whereas shuttering a few of its virtual-reality recreation and content material studios.

On the time, Actuality Labs chief expertise officer Andrew Bosworth stated the corporate would primarily give attention to cellular experiences as a substitute of totally immersive digital worlds accessed through headsets.

In the meantime, Meta inventory jumped 3% on Monday following a speculative Reuters report on Friday claiming that the corporate is “planning sweeping layoffs” that would have an effect on 20% or extra of its workforce. The transfer would reportedly offset spending on AI infrastructure and augmented-reality wearables.

A Meta spokesperson instructed CNBC that this was a “speculative report about theoretical approaches.”

It will, nevertheless, play right into a broader development of tech corporations axing workers to give attention to AI.

Metaverse tokens have melted

The blockchain-based metaverse was as soon as additionally a speaking level within the crypto trade in 2021, however has since pale into obscurity together with many different developments which have been eclipsed by the most recent AI hype.

Main blockchain-based gamers akin to Axie Infinity (AXS), The Sandbox (SAND), and Decentraland (MANA) have all seen their respective tokens tank between 98% and 99% from their all-time highs in November 2021, in accordance with CoinGecko.

You Might Also Like

Stratos Jets adds crypto payments via BitPay

Bitcoin mining stocks climb in 2026 as BTC lags behind

Cango’s Remarkable Growth Adds 109.1 BTC

Bitcoin hashrate collapses weakening security as major mining pool drops 30% of its power

Founder of a Chinese Bitcoin Mining Company Vehemently Opposed the Latest Proposed Updates to BTC

TAGGED:MetaverseMetaverse NewsNews
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

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

Popular News

Bitcoin and Ethereum ETFs shed $1.8B – Why investors are pulling back
Bitcoin and Ethereum ETFs shed $1.8B – Why investors are pulling back
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?
Bitcoin miners' profits decline for the fourth consecutive month
Bitcoin miners’ profits decline for the fourth consecutive month
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts

You Might Also Like

Bitget Now Supports VND Bank Transfers in Vietnam
Exchange

Bitget Now Supports VND Bank Transfers in Vietnam

November 25, 2024
Crypto Exchange LBank Limits UAE Services During Its VASP License Bid
Exchange

Crypto Exchange LBank Limits UAE Services During Its VASP License Bid

May 23, 2025
image
Market

Alibaba unveils Wukong AI agent platform ahead of earnings

March 20, 2026
image
Exchange

Dubai Charities Begin Accepting Crypto Donations Under IACAD Initiative

December 23, 2025
yourcryptonewstoday yourcryptonewstoday
yourcryptonewstoday yourcryptonewstoday

"In the fast-paced world of digital finance, staying informed is essential, and we’re here to help you navigate the evolving landscape of crypto currencies, blockchain, & digital assets."

Editor Choice

Why Is Lido Moving $16B in Staked ETH to Pectra-Era Validators?
Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail
Bitget backs UNICEF’s global Game Jam and blockchain training initiative

Subscribe

* indicates required
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Linkedin Facebook
  • About Us
  • Contact Us
  • Disclaimer
  • Terms of Service
  • Privacy Policy
Reading: Meta to shutter Horizon Worlds metaverse on VR in favor of mobile
Share
Follow US
© 2025 All Rights reserved | Protected by Your Crypto News Today
Welcome Back!

Sign in to your account

Lost your password?