Update: Meta Reality Labs UK has since reached out to us, to share the following statement about its Metaverse future.
“This is untrue – Meta has not stopped its plans towards the Metaverse vision.”
Original: Just a few months ago, Meta CEO Mark Zuckerberg was still so convinced that The Metaverse would be the next step for the internet that the idea alone justified the countless billions of dollars the company had already spent on it and promised to spend even more in the future.