Meta, the self-styled “metaverse company” formerly known as Facebook, has taken on a novel role de-hyping the virtual world technology its founder bet the farm on just a few short years ago.
No, it hasn’t announced another pivot — rather it’s been forced to dial down the multicolored metaverse hype as it lobbies against a proposal pushed by European mobile network operators who want regional lawmakers to force major content providers (i.e. tech giants like Meta) to pay them a fee for carrying their data — a double-dip scenario they’ve suggested is requ
Metaverse is just VR, admits Meta, as it lobbies against ‘arbitrary’ network fee
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