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(FOX BUSINESS) – Roughly a year after Facebook CEO Mark Zuckerberg rebranded his company as Meta Platforms Inc. and shifted its focus to the metaverse, the transition is struggling to gain traction, internal documents show.
Horizon Worlds, a free virtual reality online video game created by Meta Platforms Inc., has failed to meet internal performance expectations, the Wall Street Journal reported.
Internal documents obtained by the outlet show that Meta set a 500,000 monthly active users goal by the end of this year, and although Zuckerberg said the transition to the metaverse would take the company years to fully achieve, the company revised the projection to 280,000.