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Story summary
- Meta Platforms, Inc. shifts Horizon Worlds' focus from virtual reality to a mobile platform to compete with Roblox and Fortnite, despite layoffs and studio closures.
- Meta Platforms, Inc. has invested $150 million in VR developer programs and will support third-party developers, noting that 86% of VR headset usage is on third-party apps.
- Mark Zuckerberg, CEO of Meta Platforms, Inc., promotes AI-generated content in social media, positioning Horizon as a hub for experiences.
