News for hackers. Stuff that matters.
Re:Facebook reportedly laying off thousands of employees by martin_a on Thursday October 06, 2022 @07:46AM (#33106998)
You're mixing things up.

Nobody bought an iPhone or iPad because of Facebook. You could also install the Facebook app on that, but you could also use your notebook or your desktop pc or your cheap Android phone or whatnot to use Facebook. Most people already had some "Facebook ready" device at home.

Nobody will buy an Oculus headset if its main/sole use is the Metaverse.

Re:Facebook reportedly laying off thousands of employees by mFixman on Thursday October 06, 2022 @07:51AM (#33107041)
Sure, but almost nobody uses Facebook on their PCs anymore. Most Meta's users and revenues come from smartphones, which have an ecosystem controlled by Apple or Google.

Zuck is betting that more people will use VR in the future, and if you believe that hypothesis then it makes sense to invest infinite money in making sure your company becomes the Apple of VR instead of the Nokia.

How wisely that infinite VR money is being spent is another matter.