Meta to take 47.5 percent cut from all virtual sales in Horizon Worlds
It would seem that Meta (formerly Facebook) plans on taking a hefty cut of digital asset sales on its metaverse app Horizon Worlds.
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It would seem that Meta (formerly Facebook) plans on taking a hefty cut of digital asset sales on its metaverse app Horizon Worlds.
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On Facebook's Q4 2021 earnings call, CEO Mark Zuckerberg shared that a high-end VR HMD is in the works.
Facebook is still operating under the FB stock symbol, but expects the change to META this year.
It would seem that continued investment in VR/AR innovations and the Meta Quest 2 ran up quite a bill for Facebook through the previous quarter.